AI

Report: With the continuing rise of AI, employers are struggling to find talent

A new General Assembly survey reveals HR leaders’ insights around AI
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Everyone in education, workforce development, and industry is talking about AI and its impact. A new global survey from General Assembly – conducted with Wakefield Research – finds employers are having difficulty finding talent who can utilize AI technology and tools.

The State of Tech Talent 2024 surveys more than 1,000 HR leaders that are trying to fill jobs in software engineering, data analytics, and UX – and notes the concerns they have around making sure employees remain competitive in the “AI-enabled world of work.”

The report reads, “There’s still a lot to be done if we want to fulfill [AI’s] potential while minimizing the troubles of bias, invisibility, reactivity, and inequity that so often surface with technologies — especially when they’re trained with inherited data and hastily embedded in complex systems.”

It continues, “Because of AI, employers around the world have already begun to search for entirely new skill sets and entirely new roles.”

Among the survey’s key findings:

  • Companies are hiring for AI skills. Data from Hired indicates more than two-thirds (68%) of tech employers are interviewing more candidates per role than they did a year ago and that 56% of tech hiring managers ranked quality of hire — someone with at least six years of industry experience — as their top key performance indicator for hiring for 2024.
  • In North America, 73% of HR leaders in the U.S. and Canada say it’s difficult to find this talent versus 63% in Europe.
  • Ninety-one percent of HR leaders at companies using AI say job candidates are requesting higher salaries.
  • Ninety-three percent of HR leaders say the skills that managers want included in job descriptions are rapidly changing – more than they have in the past.
  • HR leaders say they do not fully understand the day-to-day responsibilities for 29% of their open positions.
  • About one-third (35%) of HR leaders fill their tech hiring needs with contingent or freelance workers.
  • Almost half of respondents (49%) say it’s “entirely” or “primarily” the job of an organization to provide AI reskilling and upskilling. But 37% of HR leaders say it’s up to employees to keep current, with 20% saying it’s entirely the responsibility of each employee.
  • Fifty-four percent are increasing their hiring budgets.

The survey resulted in a number of recommendations:

  • To prepare for the new reality, HR and company leaders must assess the current and future state of the organization to pinpoint the headcount, roles, and skills profiles necessary for success.
  • AI should be integrated into the core components and daily operations of a business.
  • “Don’t sleep on existing talent.” Many companies have an urgent need to offer their current employees the opportunity to learn relevant, new skills — which is something that people want from their employers.
  • Recruit non-traditional talent by adopting skills-first approaches to hiring.

Read all the insights in The State of Tech Talent 2024 here.

Dana Beth Ardi

Executive Committee

Dana Beth Ardi, PhD, Executive Committee, is a thought leader and expert in the fields of executive search, talent management, organizational design, assessment, leadership and coaching. As an innovator in the human capital movement, Ardi creates enhanced value in companies by matching the most sought after talent with the best opportunities. Ardi coaches boards and investors on the art and science of building high caliber management teams. She provides them with the necessary skills to seek out and attract top-level management, to design the ideal organizational architectures and to deploy people against strategy. Ardi unearths the way a business works and the most effective way for people to work in them.

Ardi is an experienced business executive and senior consultant who leverages business organizational transformation through talent strategies. She uses her knowledge and experience to develop talent strategies to enhance revenue and profit contributions. She has a deep expertise in change management and organizational effectiveness and has designed and built high performance cultures. Ardi has significant experience in mergers, acquisitions, divestitures, IPO’s and turnarounds.

Ardi is an expert on the multi-generational workforce. She understands the four intersecting generations of workers coming together in contemporary companies, each with their own mindsets, leadership and communications styles, values and motivations. Ardi is sought after to assist companies manage and thrive by bringing the generations together. Her book, Fall of the Alphas: How Beta Leaders Win Through Connection, Collaboration and Influence, will be published by St. Martin’s Press. The book reflects Ardi’s deep expertise in understanding organizations and our changing society. It focuses on building a winning culture, how companies must grow and evolve, and how talent influences and shapes communities of work. This is what she has coined “Corporate Anthropology.” It is a playbook on how modern companies must meet challenges – culturally, globally, digitally, across genders and generations.

Ardi is currently the Managing Director and Founder of Corporate Anthropology Advisors, LLC, a consulting company that provides human capital advisory and innovative solutions to companies building value through people. Corporate Anthropology works with organizations, their cultures, the way they grow and develop, and the people who are responsible for forming their communities of work.

Prior to her position at Corporate Anthropology Advisors, Ardi served as a Partner/Managing Director at the private equity firms CCMP Capital and JPMorgan Partners. She was a partner at Flatiron Partners, a venture capital firm working with early state companies where she pioneered the human capital role within an investment portfolio.

Ardi holds a BS from the State University of New York at Buffalo as well as a Masters degree and PhD from Boston College. She started her career as professor at the Graduate Center at Fordham University in New York.