According to Business Talent Group data, HR skills are in great demand. According to a recently issued index on in-demand talents, employers are combining their ambition for continuing expansion and innovation with a necessary shrewdness in view of “the unpredictable business environment ahead.”
Employers appear to be focused on expanding HR departments. Employer interest in benefit-planning specialists and pay strategists is increasing, according to Business Talent Group, by 100% and 215 percent, respectively. BTG, a subsidiary of executive search firm Heidrick & Struggles, specializes in placing project managers, interim executives, and management consultants. It is the fifth annual talents index.
Demand for global human resources specialists increased 314 percent, while demand for interim HR directors increased 400 percent. However, demand for cost-cutting consultants increased by 400%.
Economists haven’t used the term “recession,” but the United States Federal Reserve revealed on July 28, 2022, that gross domestic product fell for the second quarter in a row this year. And, regardless of formal categories, corporate executives plainly prioritize money.
“It’s clear that business leaders find themselves balancing optimism for continued growth with concern that key initiatives could be derailed by any number of economic, geopolitical, ecological, and cybersecurity threats present in today’s extraordinary risk environment,” researchers said in a statement, referring to the 200 percent increase in requests for risk management experts.
