Key notes
Although in decline, job vacancy rates remain high
- Compensation, flexibility & advancement continue to be the top 3 candidate priorities
- Companies whose employees learn skills on the job have higher retention rates
Rates of pay are on the rise but not the only way to appeal to candidates and employees
- Renumeration, additional financial benefits, flexibility & advancement continue to be the top 4 candidate priorities
- Retention rates remain higher for companies whose employees learn skills on the job
Skills shortages cannot be tackled without employing ED&I strategies
- Lack of diversity within STEM is driving the continued skills shortage. Encouraging a diverse talent pool is important for promoting innovation and ensuring different perspectives are represented.
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