LHH, an integrated talent solutions provider and a global business unit of the Adecco Group, has released its fourth annual Global Workforce of the Future Report. The report, based on insights from 30,000 workers across 23 countries and 25 industries, delves into the global workforce’s readiness for digitalization and examines sentiments around job security and future expectations.
- Overview of the Global Workforce of the Future Report
- The report explores digital readiness, job security, and future expectations of 30,000 workers.
- Aimed at identifying strategies to future-proof the workforce and engage passive talent.
- Insights from Gaëlle de la Fosse, President of LHH
- Leadership, skills training, and internal mobility are crucial for employee satisfaction and retention.
- Culture fostering career growth and investment in skills development are key to employee engagement.
- Eager for New Skills but Staying Put
- Global uncertainty leads workers to stay longer in current roles.
- 52% cite external factors and 51% fear of the unknown as barriers to career growth.
- 73% plan to stay in their current jobs in 2024 due to various conditions.
- Investment in Workforce is Crucial
- Top talent remains a flight risk despite economic fluctuations.
- 86% believe they could find a new job within 6 months.
- Optimism about digitalization grows, with 65% seeing a positive impact on their jobs.
- The Passive Talent Pool: Eager but Fearful
- Significant passive talent pool ready for new skills and opportunities.
- 46% want to change careers but are uncertain about the path.
- Employees prioritize learning and development opportunities, with 64% believing in upskilling before external hiring.
- 50% expect employers to prepare them for new workplace realities.
- Conclusion and Recommendations
- Companies need to prioritize learning and development to engage passive talent.
- Equal access to training for multigenerational workforces is essential.
- With AI and digitalization transforming workplaces, businesses must recruit and nurture adaptable talent.
LHH’s Global Workforce of the Future Report 2024 provides valuable insights into the evolving landscape of the global workforce. While workers are eager for new skills and opportunities, concerns about external factors and uncertainties are influencing their decisions. Companies must invest in skills development, prioritize internal mobility, and foster a culture of learning to engage and retain talent in an era of digital transformation.
