The reasons for the imbalance between labor demand (open jobs) and labor supply (people willing to take those open jobs) are many and complex, writes Steve Boese. He discusses the role HR technologies could play in helping balance supply and demand, and consequently, place more people in open roles.
Job losses have been felt most acutely by low-wage earners and low-wage payers. Boese shares three examples. Each addresses a theoretical reason why smaller, lower-wage-paying employers are having difficulty filling roles.
Source: Human Resource Executive, May 28, 2021. Link.
. . . the skills mismatch needs to be addressed, but for now, I think most employers should focus on the basics of compensation, safety, caregiving and scheduling challenges. . . to get more people back to work.”