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A global shortage of highly skilled employees could dramatically drive up salaries for the most in-demand workers, adding more than $2.5 trillion in annual labor costs by 2030 for organizations around the world. Korn Ferry’s latest report, The Salary Surge, finds that the largest economies, including the United States, China, and Germany, can expect rapidly escalating employee costs.

This paper will help leaders understand how the shortage of highly skilled workers could cause wage rises, and how these increases are poised to affect their sectors and the regions where they operate.

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Download this paper to find out:

  • How shortages of highly skilled workers could cause wage rises;
  • How these potential increases can affect the sectors and regions where you operate;
  • How your organization can still move forward and grow in an increasingly talent-constrained environment.