Despite recent tech layoffs and concerns about job displacement due to artificial intelligence, the job market is still grappling with the lingering effects of the Great Resignation and the Quiet Quitting movement.

In essence, the world is currently facing a talent shortage crisis. A comprehensive report from Korn Ferry suggests that by 2030, as many as 85 million jobs could remain unfilled globally due to this shortage, potentially leading to a staggering $8.5 trillion in unrealized annual revenue for companies.

Furthermore, competition for skilled roles has intensified across various industries. According to the latest survey by ManpowerGroup on talent shortages, 77% of employers are struggling to fill positions requiring specific skills. Additionally, a study by ActionsProve and The Engineering Management Institute revealed that 96% of leaders in the architecture, engineering, and construction (AEC) industry anticipate talent shortages to impede their growth in 2024. If you are facing similar challenges, read on to discover three strategies for talent recruitment and retention in the AEC sector.

Read More - 3 Ways To Recruit Talent In A Highly Competitive Job Market