The global talent shortage that began before COVID-19 entered our lexicon has only accelerated thanks to the pandemic. Companies that can successfully manage the labor market have a competitive advantage over other organizations that are falling short in the battle for talent. Source With 69% of employers around the world reporting they cannot find the workers with the skills they need, the recent ManpowerGroup report, The Great Realization: A Look at the 2022 Labor Landscape, finds whoever holds the talent holds the future. The talent shortage challenge is a complex issue with no easy answers. Several factors are at play, including: Shifting demographics (including shrinking birth rates) Reduced mobility across borders […]
Toxic workplace cultures, often driven by bad bosses, are a top reason people quit their jobs. The Wolf of Wall Street/Paramount Pictures Source A top reason people quit their jobs is because of toxic workplace cultures, per MIT. Bad bosses fuel toxic workplace cultures by gossiping or ignoring your viewpoint. If you don’t quit, there are some ways to mend your relationship like trying to find common ground. Workers are quitting in droves, and bad bosses have a lot to do with it. Between April and September 2021, more than 24 million American employees quit their jobs, an all-time record. MIT researchers investigated why and found, in a study, that the top reason […]