Global HR headlines: CFOs see talent shortage as a risk, low response to UK job ads

Taskmo Gig Index shows massive increase in demand for gig workers.

Survey shows that nearly one in two Canadian women would rather quit their job than work full-time from the office, while the UK registers a steep fall in the number of workers responding to job adverts. CFOs in Asia-Pacific list talent shortages and retention as well as rising wages to stay competitive as key challenges for business, while India sees demand for gig workers growing at a rapid pace.

India sees surge in demand for gig workers

Hiring demand for gig workers continues to grow at a rapid pace in the post-pandemic employment market, with the surge in demand for gig workers being seen across quick commerce (300 percent), healthtech (250 percent), fintech (200 percent), and e-commerce (198 percent) sectors, according to the first edition of the Taskmo Gig Index.
Taskmo is an on-demand Indian platform that allows companies to hire gig workers.


Indian companies are increasingly on the lookout for gig workers to fulfil roles in business development, field sales, last-mile delivery, digital promotion, brand promotion, and micro-influencers, said the report. Overall, the demand for marketing and sales jobs has seen triple-digit growth, Business Standard reports.

Low response to job ads in the UK

UK employers increased the number of new staff in May at the slowest pace since early 2021 after a steep fall in the number of workers responding to job adverts.

After an increase in job switching by workers last year, often to secure higher pay, employers said the shortage of candidates since January meant they were unable to fill thousands of vacancies, reports The Guardian.
A survey by the Recruitment and Employment Confederation (REC) and KPMG shows how tight the UK labour market has become during the Covid-19 pandemic. About 500,000 people have quit the labour force, many through ill health, since 2019.


CFOs concerned about talent shortage, retention

More than seven out of 10 CFOs around the world (72 percent) are concerned about wages rising to stay competitive, a new survey from Globalization Partners has revealed.

Other top challenges for worldwide CFOs include supply chain disruption (29 percent), talent shortages (23 percent), and global affairs (18 percent).

In APAC (Asia-Pacific), 82 percent of CFOs say holding on to talent is a top concern. CFOs in APAC are navigating the uncertainty by offering more flexibility, such as remote-first and hybrid work, reports IT Brief Australia.
Women would rather quit than work from the office full-time
Nearly half of Canadian working women say they may quit their jobs if working from home at least part of the time is not an option, according to a report from The Prosperity Project.

In addition, nearly two-thirds indicated that they would turn down a promotion to keep working from home.

“This is very alarming data,” said Andrea Spender, CEO of The Prosperity Project, a registered charity launched in May 2020 that aims to link women and prosperity, and underscore the economic importance of gender equality.