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MPO: 5 ways to boost the talent experience, in any economy.

For talent leaders in a tumultuous economy, balancing workforce agility while acquiring in-demand skills is critical. This is especially true for medtech and life sciences employers; the need for business-driving talent is unending, and hard-to-fill skills are vital to driving innovation in a highly competitive market.

Right now, talent leaders may be juggling hiring freezes and talent acquisition at the same time. So as talent pools shrink — and tech skills top Randstad Sourceright’s 2022 Global In-demand Skills — how can they attract and keep the best people?

By elevating the talent experience, medtech employers provide people-first programs and services to engage employees, attract talent and boost retention as they meet critical business objectives. An enhanced employee experience that provides career coaching, learning and development (L&D) and internal mobility can also help organizations overcome skills gaps and talent scarcity, which is a significant challenge today.

According to our 2023 Talent Trends research, which surveyed more than 900 C-suite and HR leaders across all industries around the globe, 72% of life sciences and pharma employers say the skills gap in their organization is widening and will create greater challenges in the future.

Other solutions include highlighting DEI to attract more candidates, and building a mission-driven culture to provide a sense of purpose in the workplace that so many people crave.

Discover additional ways to enhance your talent experience in Medical Product Outsourcing (MPO) and get the latest global Talent Trends research here.