Market View – Talent: Supply, training and culture remain hot topics

Apr 10, 2024 | Automotive, Aviation, Design & Engineering, Energy & Utilities, Manufacturing

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As we march to the end of the first quarter, every Endeavor Business Intelligence market scorecard and insight report shows the U.S. economy’s continued stronger-than-expected performance not cooling off.  The buzzword du jour among the executives we speak to at EBI is “resilient.”

As a result, employers aren’t catching a break when in the battle for talent. Yes, hiring has slowed but, two years after the Great Resignation, so has the pace of people throwing their hat into the job market. With fewer employees pursuing new opportunities in favor of remaining in their current roles, it’s both more difficult for organizations of all sizes to attract the talent they need while also paying greater attention to training, compensation and enriched benefits for the teams they already have.

Working together to access and inform the B2B ecosystem, Endeavor Business Intelligence and Endeavor Business Media spend all our time listening to the markets we serve and using our access-driven intelligence to help our end users navigate the tricky waters of talent. Here is handful of recent content dedicated to this mission-critical topic:

IndustryWeekThe white-hot demand for engineering talent is cooling, but …

Plastics Machinery & ManufacturingDon’t coast amid letup in labor crisis

EHS TodaySome workers will take a pay cut for better safety culture

HPAC EngineeringWage inflation is the single biggest concern among engineering executives

Fender BenderCapitalize on a younger workforce

Aviation ProsIndustry’s top struggle remains recruiting and retaining staff

Material Handling & LogisticsSkills training can retain warehouse workers

FleetMaintenanceParts and labor costs stabilized in late 2023

 

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