Amid the current economic uncertainties, companies are adapting their workforce planning strategies. A recent study by Instant Impact aimed to gather insights from HR professionals about their perspectives on the economy and how instability may affect their hiring strategies and use of contingent workers.
The survey results showed that over half of the participants perceived the current economic landscape as challenging, leading them to anticipate only modest growth in their workforce in 2024. Additionally, two-thirds of those surveyed said they were influenced by economic predictions when making decisions related to staffing levels.
To gain a more in-depth understanding of how organizations are refining their workforce management practices to navigate through economic uncertainties, businesses can refer to the full report published on April 17, 2024. Staying informed about how companies proactively manage their workforce can help businesses better prepare themselves for economic fluctuations and remain competitive in the market.
