WAR OF TALENT
War of Talent
The intense competition among organizations to attract, recruit, and retain highly skilled and capable employees is called The War for Talent. This war has recently become particularly challenging due to various factors that have transformed the landscape of talent acquisition.
Here are some causes contributing to the War for Talent
- The rise of Small and Medium-sized Companies has intensified the competition for talent.
- With increased Job Mobility, individuals are more willing to explore new opportunities
- Changing Attitudes of the Younger Generation
- Demand for Remote and Virtual Opportunities has expanded the pool of potential candidates for employers.
- Increased Focus on Employee Experience to attract and retain top talent.
- Technological Advancements has led to increased demand for individuals with specific technical skills.
- Global Competition for Talent has increased the war for talent.
