Talent shortages could increase salaries by $2.5 trillion globally in 2030

study by international consulting firm Korn Ferry shows that salaries for highly skilled workers could increase as global talent shortages take hold. The surge could add $2.5 trillion to annual payrolls globally by 2030. The increase could threaten companies’ profitability and business models. The study done in 20 major global economies across three sectors: financial and business services; technology, media and telecommunications; and manufacturing also estimates the impact on payroll and how much organizations are able to pay their employees.

The Editors

The Editors

The BCBusiness editorial team lives for big ideas, bold entrepreneurs and the business stories that make B.C. tick.