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Investing in Human Capital
Given that under 30% of C-suite executives globally believe that they responded well to the Covid-19 pandemic and continue to experiment, lack of business resilience and agility is one of the top concerns in 2022.
In Mercer’s 2022 Global Talent Trends Survey, business leaders indicated that skills shortage (global: 63%; South Africa: 62%), absenteeism (global: 59%; South Africa: 64%) loss of talent (global: 58%; South Africa: 70%), managing a cross-border workforce (global: 57%; South Africa: 66%) and digital exhaustion (global: 67%; South Africa: 62%) are some of the workforce challenges impacting their organisations.
| Workforce challenges impacting organisations in 2022 | Global | South Africa |
|
63% | 62% |
|
59% | 64% |
|
59% | 62% |
|
58% | 70% |
|
57% | 66% |
|
56% | 57% |
|
54% | 62% |
|
53% | 62% |
|
53% | 60% |
|
52% | 68% |
|
51% | 51% |
Source: Mercer 2022 Global Talent Trends
| Workforce investments that will deliver best ROI in 2022 | Global | South Africa |
|
31% | 49% |
|
31% | 47% |
|
33% | 45% |
|
36% | 43% |
|
27% | 42% |
|
24% | 42% |
HR leaders across Africa agree – investing in upskilling/reskilling will give their companies the competitive advantage (HR priorities in 2022).
Africa
