NHRD Chennai Chapter’s Post

Why are labor shortages such a big deal in Europe right now? Recent reports from the European Union reveal that 74% of small and medium-sized enterprises are struggling to recruit staff for at least one job role. The reasons are diverse, including low birth rates, aging populations, the lingering effects of the pandemic, and concerns about job quality. The EU alone currently needs 11 million more ICT specialists to meet its target of 20 million by 2030. But this is just one of the many challenges Europe is facing. Drawing from the recent People Risk report by Mercer Marsh Benefits, our experiences, and other industry findings, we’ve identified the top five challenges impacting people management in Europe: 👷♂️ labor shortage 🏥 increasing health & benefits costs ⚖️ disparities in executive/worker rewards 🤔 ineffective leadership 📜 changing legislation and scrutiny At Pwrteams, we're helping businesses tackle these people risks through tailored #staffaugmentation solutions. Join us as we explore these challenges and share practical tips and insights to turn people risks into people wins. Learn more here: https://lnkd.in/d9vtmXuw #dedicatedteams #nearshoring #itstaffaugmentation

Read our latest article by Edward Hsu (许文宗) where we discuss the market and employment dynamics in Asia Pacific, highlighting the critical role of data in enabling informed #talentdecisions, fostering innovation and ensuring organisational success. https://ow.ly/E5L050RBh26 #salarybudgets #markettrends #talentretention

The new labor landscape: New priorities and people shortage in the European Workforce In recent times I have read several articles and news about people shortage in the working market and how can this impact in our society and lifestyle. This isn't just a temporary hiccup, it's a trend that's projected to persist for the foreseeable future. But we can prepare ourselves to navigate this new landscape adeptly. As societies, businesses and especially leaders, it's imperative that we acknowledge and understand the gravity of this situation. Only by recognizing the problem can we start mitigating its impacts. My opinion is that to ensure the continuity of our lifestyles and economic prosperity in the face of reduced human workforce, we must focus towards a harmonious integration of PEOLPLE and TECHNOLOGY. Training and education are our most potent tools in this endeavor by equipping individuals with the skills necessary to leverage the remarkable technologies at our disposal, including AI and automation. Unfortunatly I still see many companies and people ignoring the capabilities of the amazing tech we have available and now are triving to survive in this new landscape. Please, wake up and let's capitalize on the incredible potential of technology to solve real-world problems! 💼🚀 #FutureOfWork #TechInnovation #SkillsDevelopment #PeopleAndTech #WorkforcePreparedness #Peopleshortage #Workingmarket

⌛Join us for this webcast where these two renowned labor experts will explore the critical economic trends shaping the frontline industry and what leaders can do to prepare for tomorrow. 💡You’ll gain valuable insights to help you successfully navigate key challenges and changes — from continued staffing shortages to the impact of immigration and more — while securing a competitive advantage for your organization. https://ukg.inc/4cEAHvL #WeAreUKG #EconomicTrends

Digitalization is reshaping the labor market in the Western Balkans, making it faster, smarter, and more inclusive. From reducing bureaucracy to offering personalized career guidance, these changes are already impacting thousands of job seekers and employers. Want to know how? Explore our latest article by Aida Šunje Hadžović to see how digital tools are transforming public employment services and what it means for the future of work in the region👉 https://lnkd.in/d25Kx_wP Sabin Selimi Arber Kadia Matthias Herr Paulo Rodrigues Emilija Jovanova Stoilkova Nikola Babic

Join us for this webcast where these two renowned labor experts will explore the critical economic trends shaping the frontline industry and what leaders can do to prepare for tomorrow. You’ll gain valuable insights to help you successfully navigate key challenges and changes — from continued staffing shortages to the impact of immigration and more — while securing a competitive advantage for your organization. https://ukg.inc/4cEAHvL #WeAreUKG #EconomicTrends

Join us for this webcast where these two renowned labor experts will explore the critical economic trends shaping the frontline industry and what leaders can do to prepare for tomorrow. You’ll gain valuable insights to help you successfully navigate key challenges and changes — from continued staffing shortages to the impact of immigration and more — while securing a competitive advantage for your organization. https://ukg.inc/4cEAHvL #WeAreUKG #EconomicTrends

Driving National Growth: HR’s Role In Overcoming Economic Challenges. Tap the link to read the full story: https://lnkd.in/egBU65AT #HRRole #Experts #EconomicChallenges #TrendNewsandUpdates #AudienceandReaders #TheExchangeAsia

China’s government has issued directives to the nation’s supervisors to improve worker productivity: Hold fewer meetings and make them shorter. Cut superfluous paperwork. Don’t burden local-level government workers with cumbersome and unproductive tasks. Stop using phone apps to track staff and bombard them with instructions. Don’t overwhelm them with performance reviews, lest they focus on pleasing their bosses rather than getting work done.