In the face of economic uncertainties, companies are being forced to adapt their workforce planning strategies. A recent study by Instant Impact aimed to gather insights from HR professionals on their perspectives on the economy and how instability may affect their hiring strategies and utilization of contingent workers.
The survey results revealed that over half of the participants perceived the current economic landscape as challenging. As a result, they anticipated only modest growth in their workforce in 2024. Moreover, it was found that two-thirds of those surveyed were 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 to navigate through economic uncertainties, businesses can read the full report published on April 17, 2024. Staying informed about how companies are proactively managing their workforce can help businesses better prepare themselves for economic fluctuations and remain competitive in the market.
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