A lack of skilled resources and budget constraints are preventing businesses from reaping the full benefits of digital transformation strategies in talent acquisition, according to new global research.

According to an independent survey carried out by Aptitude Research on behalf of Alexander Mann Solutions, despite evidence that companies with a digital transformation strategy are twice as likely to improve performance, staff retention and quality of hire, one in four firms still have no plans in place.

Responses from those surveyed suggest that the greatest barriers to implementing this are a lack of skills and budget constraints, with only 32% stating that they had the internal resources they need and just 26% claiming to have the required investment to implement digital transformation.

The 2019 Talent Acquisition survey further revealed that those with a robust digital transformation programme in place were three times more likely to improve the candidate experience – a staple of successful talent strategies in the current economy.