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IDC Talent Survey: Candidate Shortages Still Prevail

At Taleo WORLD 2006, a survey was distributed to all attendees and covered topics such as talent strategies, candidate shortages, and hiring metrics. More than 100 executives representing the recruiting, HR, and talent strategy functions responded to this survey. Lisa Rowan of IDC analyzed the results and published this study which offers the following key observations:

• Candidate shortages are real—especially in IT, sales, and finance functions.
• Over 70% of respondents reported that they have implemented competency models.
• More than 75% of respondents cited retaining top talent as the most critical challenge.