In the midst of economic uncertainty, companies are forced to adapt their strategies for workforce planning. Sponsored by Instant Impact, a study surveyed HR professionals to gauge their perspectives on the economy and how it will influence their hiring plans and use of contingent labor.
The results revealed that over half of the respondents find the current economic conditions challenging, leading them to anticipate only a moderate increase in their staffing levels for the year 2024. Additionally, two-thirds of those surveyed stated that economic projections significantly affect their decisions regarding staffing levels.
For a comprehensive understanding of how organizations are maximizing their workforce amidst economic uncertainty, the full report provides valuable insights. Released on April 17, 2024, this report offers valuable information to help companies navigate these uncertain times effectively.