Published On: September 8th, 2022|By |Categories: RSM, Article, 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

Do you have questions or want to talk?

Call us at (800) 232-9547 or fill out the form below and we’ll contact you to discuss your specific situation.

  • Topic Name:
  • Should be Empty:

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

RSM US Alliance provides its members with access to resources of RSM US LLP. RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own acts and omissions, and each are separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to RSM International resources through RSM US LLP but are not member firms of RSM International. Visit rsmus.com/aboutus for more information regarding RSM US LLP and RSM International. The RSM(tm) brandmark is used under license by RSM US LLP. RSM US Alliance products and services are proprietary to RSM US LLP.

RSM

Insero & Co. CPAs, LLP is a proud member of RSM US Alliance, a premier affiliation of independent accounting and consulting firms in the United States. RSM US Alliance provides our firm with access to resources of RSM US LLP, the leading provider of audit, tax and consulting services focused on the middle market. RSM US LLP is a licensed CPA firm and the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with more than 43,000 people in over 120 countries.

Our membership in RSM US Alliance has elevated our capabilities in the marketplace, helping to differentiate our firm from the competition while allowing us to maintain our independence and entrepreneurial culture. We have access to a valuable peer network of like-sized firms as well as a broad range of tools, expertise, and technical resources.

For more information on how Insero & Co. CPAs can assist you, please call (800) 232-9547.

Share

Subscribe

Join our mailing list for insights and tools to help you achieve your goals delivered right to your inbox.