With 9.3 million job openings, an unemployment rate of 4.6%, and many workers looking to make a career switch, employers are having a tough time attracting and retaining top talent. Ranga Bodla, VP of industry marketing at Oracle NetSuite, shares insight on how businesses can turn to technology and automation to successfully alleviate the hiring shortage and keep their current employees happy.
Time Stamps
00:00 Skye Schooley introduces Ranga Bodla
00:30 What industries are most impacted by the recent hiring shortages?
00:44 Ranga Bodla, VP of industry marketing at Oracle NetSuite, lists a wide variety of industries that are impacted by hiring shortages, and what's causing it.
02:10 Bodla shares additional circumstances that are causing labor shortages.
02:37 How can companies use automation to alleviate hiring shortages and retain current employees?
02:45 Bodla explains how businesses can use automation to relieve employees of mundane tasks so they can upskill and focus on more advanced projects.
04:05 Bodla shares how you can use automation to fill open positions when you can't find anyone to hire.
5:00 What are the potential challenges of relying on automation, and how can businesses mitigate them?
05:08 Bodla explains how to tactfully communicate automation to employees to avoid potential backlash.
06:36 What are best practices for using technology to automate business functions?
06:47 Bodla provides final advice on how to view automation and technology to enhance your organization.
During this recent hiring shortage and what has been coined as the "great resignation," many employers are struggling to find enough employees to fill job openings, resulting in business inefficiencies and employee burnout. Skye Schooley, staff writer of business.com, interviews Ranga Bodla, VP of industry marketing at Oracle NetSuite, to learn how businesses can use automation and technology to successfully alleviate the labor shortage. For example, automation can relieve your current employees of mundane tasks and fill open positions when you can't find anyone to hire.
Skye Schooley is a staff writer for business.com.
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For more information on overcoming labor shortages, watch • How to Overcome Labor Shortages
To learn how to prevent employee burnout, watch • How to Prevent Employee Burnout
For information on workflow automation, visit https://www.business.com/articles/wor...
For more tips on starting and running a business, visit https://www.business.com/
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