Job growth slowed in October, as U.S. employers added 150,000 jobs this past month. The latest figures point to continued labor market normalization, but that doesn’t mean that the skills gap has narrowed for employers, as RGP CEO Kate Duchene discussed with Yahoo! Finance and Bloomberg's The Tape podcast.
“Getting the skill sets you need for the right kind of projects is getting more complicated,” Kate told Bloomberg. “Building a blend in your workforce of full-time employees and outside talent seems to deliver the best results, and our research shows the firms that are best at project execution on these transformation initiatives have a much higher market cap because of that approach and success.”
Keep scrolling for more news and insights, including:
Our survey of 1,000+ large company leaders reveals that a quiet but powerful revolution is underway. Forward-looking C-suites are creating a very intentional workforce ecosystem, characterized by an almost 50-50 split between full-time employees and outside talent.
Only 13% of life sciences executives in a recent RGP survey said their projects met key goals since 2020, with massive consequences and billions of dollars at stake. Key factors for this troubling failure rate include a lack of adequate talent and complex workforce dynamics.
As the labor market continues to evolve, more employers are turning to a skills-based hiring model, helping to ensure that employees not only understand new skills but also how to apply them effectively.
If an IPO or SPAC deal is on your horizon, this three-step stress test can help determine whether you have the accounting, compliance and corporate governance required for life as a public company.
Unlock the full potential of BlackLine Journal Entry and discover how it can ease and enhance your transition to a cloud ERP. Join our webinar to learn the insider tips and strategies that will elevate your migration journey and drive transformative success: Wednesday, November 15, 2023, at 1 pm ET/10 am PT (CPE/CPD credit available).
Join RGP and BlackLine leaders to hear first-hand insights on how firms are adopting leading practices in Finance & Accounting to create competitive advantage and drive operational excellence.
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