When hiring becomes a matter of 'build' or 'buy'

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When hiring becomes a matter of 'build' or 'buy'
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Executives and small business owners in virtually every industry have concerns about being able to hire enough ready and willing employees who also happen to be qualified.

At the same time, despite the worries of recent weeks, very experienced long-term employees have robust 401s and solid pension plans because of a decadeslong stock market run, allowing more retirees than ever to leave the workforce.Nationwide, the working-age population has declined while the number of open positions keeps growing and growing, seemingly with no end in sight.

We also have millions of low-skilled workers who, eager to increase their value in the job market, have set their career sights higher. Two years later, the smartest employers and companies have two options if they want to boost their staff’s skill levels to where they need to be. Challenge is, “build” involves a longer commitment from both the employers and the employees to each other. That’s not the current hiring climate, nor one likely to change through 2022 and beyond.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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