A third of CMOs say losing talent to rivals is a major challenge, study finds

As the battle for talent continues, the necessity to put money into employer branding is rising up the agenda.

Source: ShutterstockAs the battle on talent intensifies, greater than a third (35%) of CMOs throughout Europe say losing talent to rivals has been a major workforce problem over the previous six months, in accordance to new analysis from LinkedIn shared completely with Marketing Week.
Another 35% of the 263 CMOs surveyed say they’re receiving fewer purposes for vacant roles and 32% report discovering it troublesome to recruit individuals with the appropriate {qualifications}.
As a end result, entrepreneurs are casting the web wider when it comes to recruitment, with greater than a quarter (26%) now trying abroad for talent, whereas greater than three-quarters (76%) imagine providing hybrid working is key to attracting the very best candidates.
Having a robust employer model is additionally rising in significance as firms attempt to stand out to candidates. Almost three-quarters (73%) say investing of their employer model is an vital precedence over the following six months. This is partly as a result of greater than a third (35%) admit they really feel potential candidates are postpone by present office insurance policies.
The significance of worker expertise is rising up the agenda, and has been singled out as one of Marketing Week’s tendencies for 2022. Not solely in response to the ‘nice resignation’ and other people in search of a higher work/life steadiness, however as companies realise worker expertise is linked to model efficiency.

“Companies will want to give attention to constructing an worker expertise that places flexibility {and professional} improvement entrance and centre, and CMOs will want to exhibit they’re discovering methods to assist workers nurture their creativity and regularly develop their talent units in a hybrid working actuality,” says Tom Pepper, LinkedIn Marketing Solutions EMEA and LATAM senior director.
The quickest rising expertise
As Marketing Week has reported beforehand, digital expertise have gotten more and more wanted as firms look to reply to shifting client behaviour caused by the pandemic.
According to the social media platform, the quickest rising advertising job titles within the UK over the previous 12 months are development supervisor, development specialist, head of development, social media assistant and product advertising supervisor. This is adopted by chief advertising officer, advertising lead, insights director, social media advertising supervisor and neighborhood supervisor.

Companies will want to give attention to constructing an worker expertise that places flexibility {and professional} improvement entrance and centre.
Tom Pepper, LinkedIn
Meanwhile, the ten quickest rising advertising expertise within the UK are gross sales and advertising, advert serving, creativity, presentation expertise, Instagram, analytical expertise, content material advertising, internet content material writing, video modifying, and finance.
The want for upskilling and coaching is due to this fact rising in significance as manufacturers look to retain and appeal to the very best talent.
Specsavers advertising and ecommerce director Chris Carter informed Marketing Week final month that groups will want to give attention to creating technical expertise round information, analytics and digital efficiency advertising subsequent 12 months.
Unilever has been on a major upskilling drive this 12 months to guarantee its entrepreneurs are up to date on digital. While General Motors has simply launched into a international upskilling programme for its entrepreneurs. The firm has recognized 22 key skillsets relating areas equivalent to innovation, personalisation and fashionable martech, it believes entrepreneurs want to thrive.

https://www.marketingweek.com/cmos-retain-talent-from-rivals/

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