Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Some companies are already making great strides in creating internal, lifelong learning programs that grow talent internally.

While we remain in the throes of a pandemic, talent concerns, including recruiting and retention, skills development, capacity, and availability, have emerged as a threat to the global economic outlook. In fact, recent data shows there were more job openings in the U.S. this spring than before the pandemic hit in March 2020, along with fewer people in the labor force–signaling that the millions of displaced workers during the pandemic still remain on the side-lines of the job market.

On top of the talent shortfall, employers are continuing to realize a gap in skills among both their current employees and new hires, particularly in today’s hybrid environment driven by digital processes. Even before the pandemic, business leaders were voicing concerns about threats to their business from the growing global skills shortage. PwC’s 22nd Annual Global CEO survey found that the number of business leaders who expressed concerns was already high, averaging out to 79% in 2019.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.