Share this article:

Skills Shortage | Why Competitive Compensation is the Key to Winning the Global Talent Race

Why Competitive Compensation is the Key to Winning the Global Talent Race
Why Competitive Compensation is the Key to Winning the Global Talent Race

Securing skilled professionals is more challenging than ever, and the competition is only going to grow.

74% of global employers are struggling to find the skilled talent they need, with tech organizations among the hardest hit – 54% report a skills shortage. As the demand for specialized roles like Big Data Specialists grows, offering competitive compensation packages remains key, with 70% of US workers willing to switch jobs for better benefits.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.


Recommended

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Column
  • 7 mins read

World Menopause Day | 'Half the workforce' why HR can't afford to get menopause support wrong

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Podcast
  • 21:26

Podcast | VP HR, Thales UK: Turning talent attraction into long-term career growth

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • News
  • 3 mins read

Graduate hiring | Graduate jobs stabilise as AI misconduct hits record high

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar
  • Register Now

Employment law 2027: are you ready? What to do before and after 1 January

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download Report

Parental Leave Benchmark 2026