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According to the findings from WTW’s 2024 Tech Pay Actions Survey (see Figure 1), 33% of respondents said it was “difficult” to find qualified candidates to fill open positions for tech-related jobs.

Forty-three percent plan to fill vacated positions, and 57% said they plan to increase the number of contract professionals on staff, down 10 percentage points from the first half of 2024.

Understanding the Pay Gap A major contributor to the pay gap is the fact that men tend to fill higher-paying jobs, which are often less flexible roles requiring more hours.

.; ;A pullback of in-office amenities such as treat-filled kitchens, free meals and on-site baristas.; ;Reduced convenience-geared perks like commuting reimbursements and free laundry services.; ;More-conservative salary budgets and lower bonuses.; These changes have led many HR practitioners to feel as though they need to prioritize operational efficiency and cost savings over creatively and generously investing in employee retention and attraction.

.; ;45% of HR leaders are rewarding skill acquisition, making it a top strategy for filling critical skills gaps.; In addition, the survey found skills-based promotions are on the rise — from 30% of organizations utilizing the practice in 2023 to 41% in 2024 — yet only 27% of executives currently believe their workforce models are agile enough to pivot talent effectively.

That doesn’t have a number I can point to say, ‘Because our time to fill is 90 days, it’s costing our company this much money,” she said.

Looping in managers with program planning also helps ensure interns’ work helps fill needs within the company, rather than making current employees feel threatened or unsupported .

With the right approach, however, organizations can tap into a pool of high-demand freelancers who choose to be independent and offer skills that could fit specific business cycles, projects or fill gaps within your current workforce.

“Standing meetings fill up schedules before you even begin scheduling things related to current work.”

So, although finance director is a more senior role, Budget Inc. may need to devote more resources to finding people to fill R&D and operations positions.