76% of HR fear talent deficit threatens future of their business

Over a half of HR leaders believe that there is a shortage of talent quality, with 84% admitting that it is harder than ever before to attract and retain high achieving employees, according to a new report.

The research, conducted by Lumesse, a talent and recruitment specialist, surveyed over 840 HR specialists from across the globe, with a staggering 76% of respondents citing a shortage of talent as the biggest threat to the future of their company.

Speaking to HR Grapevine, Stephan Schmitt, CMO of Lumesse, explained how HR can tackle this issue directly. He said: “HR should first pin point their specific current and future talent recruitment pain points– these will differ from company to company.

 “For example, are they struggling to hire for a certain skill and how do they think that skill will evolve in the future? What type of people will they need to address this talent demand? This will help them to lay the foundations for a long term recruitment strategy.