Korn Ferry Study Reveals Company Payrolls Could Soar Long-Term Due to Global Skilled Talent Shortages
Korn Ferry (KFY)
Last korn ferry earnings: 3/10 04:05 pm
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Source: Business Wire
-- Study Shows that by 2030, Global Deficit of In-Demand Employees Could Cost Companies Trillions ---- By 2030, Average Pay Premium for Skilled Workers Could Be More Than $11,000 Per Worker Per Year -- LOS ANGELES--(BUSINESS WIRE)-- Salaries for highly skilled workers could boom as global talent shortages take hold, according to a new study* by Korn Ferry (NYSE: KFY). Left unchecked, the salary surge could add $2.5 trillion to annual payrolls globally by 2030, jeopardizing companies’ profitability and threatening business models. “The new era of work is one of scarcity in abundance: there are plenty of people, but not enough with the skills their organizations will need to survive,” said Bob Wesselkamper, Global Head of Korn Ferry Rewards and Benefits Solutions. “While overall wage increases are just keeping pace with inflation, salaries for in-demand workers will skyrocket if compan
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KFY
Earnings
- 3/6/24 - Beat
KFY
Sec Filings
- 3/11/24 - Form 4
- 3/8/24 - Form 10-Q
- 3/8/24 - Form 144
- KFY's page on the SEC website