Manpower: Talent Shortage Leading to Wage Inflation

It’s a job seeker’s market for the accounting profession, according to a survey released by staffing firm Manpower Professional.

The company singled out accountants, along with engineers and nurses, as being in high demand after 45 percent of employers in those fields reported difficulty filling open positions.

In the United States, the survey found that the shortage of talent might have been the reason behind 38 percent of employers saying that they were paying higher wages to workers to fill the same positions compared to a year ago.

President of Manpower North America Jonas Prising suggested that job candidates take advantage of the talent shortage by focusing on applicable re-training or skills enhancement.

“The shortages are only going to get worse as more people reach retirement age,” Prising said, in a statement. “The companies with the strongest employer brands will be the big winners in the competition for talent. They will be able to attract and retain top people with appealing work environments, and salary and benefits packages that reflect the contemporary world of work.

Manpower Professional surveyed nearly 32,000 employers across 26 countries and territories in July and August. The survey included 1,000 U.S. employers.

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