As technical skills shortages, for instance, continue to grow, businesses will need to plan ahead to bridge their talent gap and meet the salary expectations of employees with those top skills.
Like any demand and supply situation in business, in-demand skills are billed by professionals at a higher rate — this is typically because they’re, well, more in-demand, but also because it’s taken these professionals longer to acquire such skills. As technical skills shortages, for instance, continue to grow, businesses will need to plan ahead to bridge their talent gap and meet the salary expectations of employees with those top skills.