How can L&D Decode the Upcoming Talent Shortage?

Hybrid work culture, workplace diversity & inclusion, and the use of Learning Management Systems have gained huge prominence. Organizations are shifting into a new and changed business landscape. Thus, it is crucial to decipher the role of L&D talent in the current scenario. Companies everywhere are grappling to fill roles, which suggests that regardless of millions of candidates seeking job opportunities, employers are still looking for the right candidate with the required skills.

What Causes Talent Shortage?

The Spring 2022 Labor Market Outlook states that 45% of companies face recruitment challenges in the form of ‘hard-to-fill vacancies.’The talent shortage is driven by multiple factors, such as changing technology, lack of experience, less investment in employee training, and more. In addition, the “Great Resignation” in 2022 also gained huge momentum due to economic disruption, disengaged employees, and the quest for achieving goals for career growth, work-life balance, and changing work environment.