Between 2022 and 2023, the majority of companies worldwide agreed that offering higher wages as well as improving talent progression and promotion success were the most important practices in improving talent availability. Providing effective reskilling and upskilling also played a significant role globally, particularly in South Asia.
Top business practices to improve talent availability within companies worldwide in 2023, by region
Characteristic
Offer higher wages
Improve talent progression and promotion success
Provide effective reskilling and upskilling
Improve working hours and overtime
Improve internal-communication strategy
Improve people-and-culture metrics and reporting
Support employee health and well-being
Offer more remote and hybrid work opportunities within countries
More diversity, equity and inclusion policies and programmes
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World Economic Forum. (June 13, 2023). Top business practices to improve talent availability within companies worldwide in 2023, by region [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/948914/workforce-reskilling-use-of-training-providers-region-worldwide/
World Economic Forum. "Top business practices to improve talent availability within companies worldwide in 2023, by region." Chart. June 13, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/948914/workforce-reskilling-use-of-training-providers-region-worldwide/
World Economic Forum. (2023). Top business practices to improve talent availability within companies worldwide in 2023, by region. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/948914/workforce-reskilling-use-of-training-providers-region-worldwide/
World Economic Forum. "Top Business Practices to Improve Talent Availability within Companies Worldwide in 2023, by Region." Statista, Statista Inc., 13 Jun 2023, https://www.statista.com/statistics/948914/workforce-reskilling-use-of-training-providers-region-worldwide/
World Economic Forum, Top business practices to improve talent availability within companies worldwide in 2023, by region Statista, https://www.statista.com/statistics/948914/workforce-reskilling-use-of-training-providers-region-worldwide/ (last visited November 03, 2024)
Top business practices to improve talent availability within companies worldwide in 2023, by region [Graph], World Economic Forum, June 13, 2023. [Online]. Available: https://www.statista.com/statistics/948914/workforce-reskilling-use-of-training-providers-region-worldwide/