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Tuesday, April 03, 2007

 

new survey says talent shortage escalating

FYI---Today's job market is increasingly in the hands of the candidate, according to a study released today by Development Dimensions International (DDI), a global human resources consulting firm and Monster(R), the leading global online careers and recruitment resource and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST).

The study, titled "Slugging Through the War for Talent: Selection Forecast 2006-2007," reveals that 73 percent of staffing directors report competition for talent has increased since 2005, while 79 percent expect it to further intensify in 2007. "Candidates are in a very powerful position--organizations need to think about hiring as a competitive practice if they want to attract the best people," said Scott Erker, senior vice president of DDI's Selection Solutions. "Right now, there is a significant gap between what candidates want and what employers think they want. That's dangerous for organizations, because many don't understand the motivations of the candidate sitting right in front of them."

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