Strategy

Growth Hinges on People: How to Become a Talent Magnet

The pandemic and subsequent economic swings have created intense competition for talent, and the labor market is going to get even tighter.

January 10, 2022

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Specialty building products distributor GMS said Aug. 16 that Leigh Dobbs has been named chief human resources officer, effective Sept. 6.

Specialty building products distributor GMS said Aug. 16 that Leigh Dobbs has been named chief human resources officer, effective Sept. 6.

Last year was full of headlines on the brewing talent crisis. There were conversations on the Great Resignation, working from home, better pay, culture, mental health, racial justice, employee engagement and skills development. Retention challenges dominated our newsfeed. The job market is rapidly changing. These changes are backed up by data from the Labor Department on voluntary quits (4.5 million in Nov. 2021), unemployment rate (4.2%), the number of job openings (10.6 million), faster pay increases (3.9% in 2022, according to

The Conference Board

) and inflation (6.8%, according to the

Bureau…

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