Published On: September 8th, 2022|By |Categories: Article, RSM, Businesses|2.7 min read|

RESEARCH | September 08, 2022

The talent gap is striking at the heart of middle market organizations.

Middle market companies are competing against enterprises for an increasingly tight supply of skilled workers. COVID put the talent gap crisis into sharp relief, but experts have been warning companies about this for years.

A recent survey commissioned by RSM found out that:

  • Hiring is a challenge for nearly all middle market companies, and needed skills are in short supply
  • Existing workers are being burned out, creating a vicious cycle of employee turnover
  • Companies are being hardest hit in their most critical areas
  • Outsourcing/managed services can solve talent gaps and other middle market pain points

58%

Survey respondents who found hiring to be “very” or “extremely” challenging

68%

Middle market businesses that are struggling to attract experienced talent

59%

Respondents whose companies already rely on outsourcing and managed services to fill the talent gap

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This article was written by RSM US LLP and originally appeared on Sep 08, 2022.
2022 RSM US LLP. All rights reserved.
https://rsmus.com/insights/services/managed-services/whats-driving-the-middle-market-talent-gap.html

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