Amidst the current economic uncertainties, companies are having to adapt their workforce planning strategies. A recent study by Instant Impact aimed to gather insights from HR professionals about their perspectives on the economy and how instability may impact their hiring practices and utilization of contingent workers.
The survey results revealed that over half of the participants perceived the current economic landscape as challenging, leading them to anticipate only modest growth in their workforce in 2024. Additionally, two-thirds of those surveyed acknowledged being influenced by economic predictions when making decisions related to staffing levels.
To gain a more comprehensive understanding of how organizations are refining their workforce management practices in response to economic uncertainties, businesses can consult the full report published on April 17, 2024. By staying informed about proactive workforce management strategies, companies can better prepare themselves for economic fluctuations and maintain a competitive edge in the market.
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