Articles and News

Atlanta, GA—Despite pandemic-driven uncertainty, C-suite and human resource leaders remain optimistic about the future and growth of their businesses this year, according to Randstad Sourceright's 2022 Business Health Index and Talent Trends research.

The Index found that overall global business sentiment rose by 30 points based on weighted index scores for 18 markets worldwide. Positive outlooks increased significantly in key markets, such as China, India, Germany, Mexico, and Canada, while optimism held steady in the United States, which ranked 10th in the Business Health Index, ahead of China, the United Kingdom, Japan and Mexico.

The Business Health Index scores 18 markets based on four key measures to formulate a single outlook score for each market. Measures include reported business growth against expectations, levels of hiring, the political environment's perceived impact on business, and future growth stance. 

73% of leaders surveyed said they hired extensively in 2021 in the U.S., compared to the global average of just 51%. And the same number (73%) plan to hire extensively in 2022, compared to 53% globally.

Randstad Sourceright's 2022 Total Talent Readiness Index also revealed a continued upward trend. It shows companies across most markets are increasingly ready to move toward total talent acquisition. This holistic approach to talent acquisition considers both permanent and contingent talent to get work done and has proved to be a valuable strategy for businesses as they adapt to ongoing skills shortages. Globally, 58% of human capital and C-suite leaders say they are increasing their budgets for their total talent acquisition strategy this year, up from 47% last year.