GET PROVEN TECHNIQUES FOR ATTRACTING AND RETAINING TALENT
Understaffing jeopardizes the profitability of today’s businesses, impeding growth and the ability to deliver quality services. In the United States alone, 7.6 million job openings remain unfilled, according to the Bureau of Labor Statistics.
The Great Resignation ignited this shortage when 47.8 million Americans quit their jobs in 2021, and about 50.5 million did the same in 2022. Recent surveys suggest this trend may be accelerating again. A February 2025 Gallup poll shows that 51% of American employees (about 86.7 million people) “are watching for or actively seeking new job opportunities.” Gallup calls this “the Great Detachment”—a period in which “employee satisfaction has hit a record low....[and] people feel increasingly disconnected from their employers.”
The Retirement Wave is also heavily impacting the labor market. An August 2024 study from the Alliance for Lifetime Income found that, for the next five years, US employers will need to hire over 240,000 people per month just to fill positions left open by retirees. However, adding new employees without addressing turnover’s root causes provides a false sense of security and compromises long-term profitability.
Strategic use of technology can attack the labor crisis from multiple fronts: streamlining operations and helping hire and retain qualified employees. Acumatica delivers a robust, cloud-based, connected business management suite that optimizes operations and fosters the collaborative, transparent culture employees desire. It eliminates the bottlenecks that frustrate workers while empowering them with award-winning usability and end-to-end transparency.
This eBook presents proven solutions for combating the labor crisis and improving productivity with strategic tech.