Candidate shortages are limiting productivity, according to a survey, and retaining employees is crucial

Happy employees cheering

According to a recent study of more than 160 top Human Resources (HR) experts – who represent hundreds of thousands of domestic and international workers – the ongoing acute scarcity of good job candidates is threatening the efficiency and productivity of the company.

HR specialists were polled in December by employee benefits firm Howden Employee Benefits & Wellbeing.

More than four out of every five companies (81%) stated that there were either few appropriate applicants for openings (68%) or no candidates available at all (71%) for open positions (13 percent ). Only 12% of firms said they were not having any difficulties with hiring.