Companies are not hiring en masse the way they were earlier in 2022, the article says. With a potential recession on the horizon, organizations are concerned about paying new workers.
The solution for many organizations is internal promotion. For example, Korn Ferry’s clients are aiming for 40 percent of their hires to be internal, according to Jacob Zabkowitz, the firm’s vice president. It saves time, money and energy to choose a candidate who does not have to undergo hiring and training processes, the article says.
Korn Ferry notes that with 10.1 million roles available in the U.S., the job market has not “fallen off a cliff.” Rather, companies are being more cautious about whom and how they hire.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
