What’s New?  What’s Next?  What Now?

July 2024

ON OUR RADAR

Despite the U.S. job market’s slight cooling trend last month, a persistent skills gap is still causing business leaders to sweat. 

In RGP’s Pulse on Workforce Survey released today:

• 26% of financial decision-makers said that talent acquisition and retention is their organization’s top concern for the second half of 2024.
• 21% said their organization has experienced widening skills gaps since the first of the year.
• And 81% are planning to increase investment in workforce development this year — despite the slower-than-expected wait for interest rates to go down.

The shortage of accountants is particularly acute, with 340,000 fewer accountants than five years ago, according to a recent Bloomberg analysis based on data from the U.S. Bureau of Labor Statistics. As RGP CFO Jenn Ryu told Fortune, “The struggle is real. I’m personally experiencing it.” 

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RGP INSIGHTS

Pulse on Workforce Strategy: Key Factors Driving Investment Decisions

An RGP poll of financial decision-makers shows companies remain committed to workforce development amid higher-for-longer interest rates. 

PRESS RELEASE

Reference Point Acquisition Is Now Complete

It’s official! RGP has successfully completed the acquisition of Reference Point, a strategy, management and technology consulting firm serving the financial services sector. This enables us to deliver even more value and capabilities to our clients. 

FORBES

Grooming the Next Generation of Managers: A New Approach

Gen Z workers are entering the workforce with different priorities than previous generations and an unusual job market. In her latest Forbes Contributor article, RGP CEO Kate Duchene writes that these shifting priorities, combined with constantly evolving corporate needs, require leaders to adjust the way they engage the workforce of the future. 

HARVARD BUSINESS REVIEW

Leaders Need to Reframe the Return-to-Office Conversation

As organizations balance in-office policies with flexible work arrangements, it’s important to reframe the conversation to make the office an energizing environment where employees want to be, according to a new article published in Harvard Business Review.

FORBES COUNCIL POST

5 Questions That Determine Where AI Fits In Your Digital Transformation Strategy

How can your organization take advantage of AI? Bhadresh Patel, RGP COO and Veracity CEO, advises that leaders start by asking where AI fits within their workforce, operations and broader digital transformation strategy.

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