2024 Global Talent Trends

In the past year, talent leaders have faced complex challenges that often pulled them in opposite directions balancing remote work with returning to the office, navigating hiring surges alongside headcount reductions, and developing AI-specific skills while prioritising essential human traits. LinkedIn explains.

As diverse as these issues are, they all highlight a crucial element for success in the AI era: a company’s people.

LinkedIn’s latest Global Talent Trends report provides insights into how talent leaders can unlock human potential in this evolving landscape.

Drawing on data from LinkedIn’s Economic Graph, the Executive Confidence Index survey, and a global community of over a billion professionals, the report focuses on key areas such as hiring, generative AI (GAI), internal mobility, and learning and development.

Hiring trends are showing signs of stabilising, particularly in the tech industry, which has rebounded from last year’s slowdown In Australia, internal mobility has grown by 7% yearover-year, surpassing the global average of 6%.

This shift underscores the increasing importance of leveraging internal talent to enhance organizational agility, employee retention, and career development.

The report also emphasises the transformative potential of GAI.

Around 80% of Australian executives see GAI boosting productivity and freeing employees’ time for more strategic and creative work.

However, only a small portion of organisations are fully adopting these technologies, presenting a significant opportunity for those willing to move quickly.

Talent leaders are positioned to guide their organisations through this transformation, focusing on human-centric AI adoption and change management.

Additionally, soft skills are becoming a top priority, with 70% of Australian executives planning to hire candidates with transferable skills like problemsolving, adaptability, and team leadership in the coming year.

Companies that effectively integrate AI into their talent strategies are more likely to see higher promotion rates and stronger leadership development.

To dive deeper into these findings and discover the latest trends and strategies to help your business stay ahead by focusing on your most valuable asset- your people, Visit LinkedIn’s Global Talent Trends Report.

Don’t forget to explore LinkedIn Learning’s free courses to help you develop 6 critical human skills in the age of AI, unlocked until 30 December 2024.