As hiring challenges continue, private companies plan to place a priority on reskilling during the next 12 months, according to Deloitte’s Dec. 12 private company outlook report on talent strategies.
To be more competitive, companies are also focused on skills-based hiring, hybrid work and new compensation strategies.
“As private companies juggle limited cash flow, aspirations for digital transformation and efforts to increase productivity, they’re relying on their own workforce to meet their business priorities,” Wolfe Tone, vice chair and U.S. Deloitte private leader, said in a statement.
