Why more companies are prioritising internal talent over external hires

Following the turbulence of the last couple of years, HR and Talent leaders are shifting their talent acquisition approach towards internal strategic solutions. Here’s why.

Find our talent acquisition feet on shifting sands

We’re all facing constantly changing priorities for talent acquisition thanks to the enduring impact of COVID-19, the ensuing ‘Great Resignation’ across multiple sectors, economic certainty driven by socio economic factors such as Brexit and global uncertainty due to Russia’s war in Ukraine.

That’s quite a list in itself, but there’s also the recent turbulence of the banking sector and what that means for our organisations, the cost-of-living crisis and what it means for our employees.

All of this is leading to the rise of skills-based organisations that are looking internally at what they already have, rather than searching externally for the perfect skillset. The strategy lies in maximising this internal approach for future resilience. This was one of the key discussion points at our latest forum gathering and the assembled Talent leaders all agreed that looking internally to fill your talent solutions is a fundamental part of any successful talent strategy.

Actual Experience PLC (LON:ACT), an analytics-as-a-service company, provide digital experience quality analytics services in the United Kingdom, the United States, Europe, and internationally. The Company work with business leaders and people-centric organisations to continuously analyse the Human Experience of the Digital Workplace.

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