CFOs and finance leaders, what actions are you considering to address the talent shortage?

Investing in upskilling51%

Automating manual tasks49%

Outsourcing/offshoring27%

Expanding recruiting or staffing team21%

Lowering some job qualifications/requirements15%

Increasing hybrid or flexible work arrangements30%

Increasing benefits15%

Increasing compensation11%

Something else (comment below!)1%

We aren't experiencing a talent shortage/we don't plan on doing anything3%

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Principal in Finance (non-banking)3 years ago

I tend to find that in good economies, investment in upskilling is constant. It uncertain economies, it’s less of a priority. While this seems backwards, it’s been this way for decades. 

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Digital Transformation: Ensuring a smooth transition to a digital-first strategy.41%

Talent Shortage: Finding and retaining top IT talent in a competitive market.27%

Compliance and Regulations: Navigating complex compliance requirements.6%

System Downtime: Minimizing the risk of unplanned outages and disruptions.1%

Something Else - Please elaborate if possible

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Quarterly8%

Twice per year24%

Annually49%

Every 3 years14%

Every 5 years2%

Other (please share below)

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