Despite the changing markets, many organizations are not monitoring workforce supply and demand or adjusting compensation to meet evolving conditions. The resulting disconnect can lead to lost candidates and higher employee turnover.
Since the onset of the pandemic in 2020, 67% of organizations have struggled to adjust to changing needs for talent. Recruiters need to be able to achieve flexibility and agility in their recruiting organization to respond to rapidly changing market conditions and internal hiring demands. How concerned should companies be about their readiness to address today’s market challenges?
This survey, sponsored by Sevenstep, reveals the extent to which organizations are monitoring and reacting to changing market conditions.