Slayton Search Partners

JUNE 15, 2022

In particular, the earlier pandemic era (2020-2021) resulted in a record number of retirements and early retirements. The fact is, the oldest Baby Boomers became eligible for retirement benefits back in 2008. million people entering retirement than previous trends would have predicted.

Retirement 40

Retirement Trends Planning Tools Recruiting Software 40

Semos Cloud

MARCH 9, 2023

After the 2008 recession, the trade deficit skyrocketed and the number of blue-collar workers fell from 24.6 As more workers migrated to white-collar jobs, and seasoned professionals move closer to retirement, the entire manufacturing sector faces an unprecedented number of missing laborers. In 1970, blue-collar jobs in the US were 31.2

Employee Recognition 52

Employee Recognition Hiring Software HR Software Staffing Software 52

Everwise

JULY 8, 2016

The Boomers are filling up an “age bubble” in the workforce such that there are many more people at or near the ordinary age range for retirement. The exodus of the first-wave Boomers from the workplace – postponed for several years by the economic crisis that began in 2008 – is now swift and steady.

Staffing Software 126

Staffing Software Staffing Hiring Software HR Planning 126

HRExecutive

JUNE 27, 2016

A quick search of our website, using the terms “women” and “retirement,” brings back an article from August 2008 that describes retirement planning as “a nightmare for many women.”. In examining the retirement saving and investing behaviors of roughly 3.5 In other words, the story remains largely the same. percent).

Retirement 46

Retirement Planning Tools AON HR Software 46

HR Daily Advisor

JULY 6, 2018

Automated features now standard for most employer-sponsored retirement plans helped bring about a record 8.3-percent The rise in employee deferral amounts perpetuates a trend started in the years after the 2008 financial crisis. As for employer contributions, most plans set the match ceiling at 6 percent, the report said.

Retirement 40

Retirement Report Compliance Trends 40

Ask a Manager

AUGUST 25, 2022

A reader writes: I am an elder millennial who graduated college on the verge of the 2008 Great Recession. I entered grad school on the promise that everyone in my industry (libraries) was going to retire soon and there were going to be so many jobs … unfortunately that became not the case.

Time and Attendance 125

Time and Attendance Retirement Industry Policies 125

Business Management Daily

NOVEMBER 29, 2023

News flash: The news about the workforce and the talent pipeline isn’t good, and your leadership skills will be in demand for at least the next decade. However, the trend line is still firmly up from 2008, when the resignation trend began. Do you want job security? Get the “ leadership thing” correct. What drove the drop?

Retirement 52

Retirement Compensation Trends Data 52

TalentCulture

MARCH 20, 2015

Any step taken in haste may as well translate into a difficult post-retirement phase with very little savings to fall back on to meet your essential daily and old-age health and other expenses. It has been established now that frequent job-changes have a debilitating impact on retirement savings. Plan your retirement well in advance.

Retirement 40

Retirement Analysis Compensation Employee Benefits 40

Reflektive

JUNE 28, 2019

They’re also the generation closest to retirement, with 70 million boomers expected to exit the workforce by 2020. Perks like office size, parking access, and flexible healthcare/retirement plans are also motivators. They’re also one of the largest generational groups in the United States, estimated at 73 million strong.

Groups 157

Groups Company Retirement Onboarding Software 157

EverFi - HR

APRIL 9, 2020

Additionally, 1/4 of adults don’t have any retirement savings, at all. In the wake of the 2008-2009 Great Recession, new resources proliferated to help consumers make key decisions like creating budgets, establishing retirement plans, and automating personal finance behaviors like moving money into savings. Download Now.

Retirement 98

Retirement Planning Tools Resources Data 98

Zenefits

AUGUST 13, 2020

To demonstrate the state of affairs among 401(k) plans, we share data supplied by the Secure Retirement Institute (SRI). This forecast aligns with what we saw during the last financial crisis more than a decade ago,” said Deb Dupont, associate managing director of institutional retirement research at SRI. Debt management.

Retirement 74

Retirement Study Report Wellness 74

Insperity

MAY 13, 2013

Since the financial crisis of 2008, workers have become more aware and concerned about saving for retirement. As a result, employer-sponsored retirement plans are no longer an enticing perk, they’re an expectation. Here are three retirement plan features that will excite employees and candidates. Employer match.

Retirement 40

Retirement Planning Tools Hiring Software Compliance Training 40

CCI Consulting

AUGUST 21, 2023

a 28% quit rate in 2001 and 2010, following the 2000-2001 and 2008-2009 recessions). A significant contributing factor in 2021 is the increase in retirements with 1.5M more retirements than normal.  First, some facts about employee turnover: The 2021 quit rate is consistent with other post-recession data (i.e.,

HR Planning 52

HR Planning Workforce Planning Planning Tools HR Software 52

Bonusly

SEPTEMBER 16, 2022

According to a Gartner research report on planning for economic uncertainty,organizations that anticipated the future and developed comprehensive action plans before the turns (2008-09 recession), were rewarded with sustained advantage over their competitors over the last eight years. Evaluate expenses carefully. Focus on employee engagement.

Resources 105

Resources Retention and Turnover HR Software Hiring Software 105

Workplace Psychology

OCTOBER 31, 2021

Success is not about financial wealth, although it does mean having financial stability like being able to take care of your monthly bills, setting aside money for retirement, and covering emergencies. ” In his book, Happiness at Work (2010), Srikumar Rao wrote: “The vast majority of people are not happy. Gladwell, 2008).

Planning Tools 52

Planning Tools Compliance Training Talent Experience Talent Development 52

Best Money Moves

AUGUST 31, 2021

At Quartz , Tim Fernholz writes that “the U.S. In 2018 and 2019, workers were already quitting jobs at record rates. But the problem of compensation can be traced further back, before even the 2008 financial crisis. More time at home has re-taught many to value work-life balance.

Compensation 85

Compensation Certification Compliance Training Trends 85

HR Daily Advisor

MARCH 21, 2018

The global benefits consulting firm’s study , released in late February, takes a historical look at the primary retirement plans offered by current Fortune 500 companies between 1998 and 2017, showing how their retirement programs have evolved—and shrunk—over the last 20 years. DNY59 / E+ / Getty Images. Shift in Offerings.

Planning Tools 47

Planning Tools Hiring Software Retirement Hiring 47

Thrive Global

NOVEMBER 14, 2019

First there was the video of Chlöe Swarbrick, the 25-year-old politician for the New Zealand Green party who shut down an older member of parliament by lobbing the phrase at him when he started to heckle her. Then came the onslaught of op-eds, with titles ranging from “This Boomer Is OK With ‘OK Boomer’” to “Is ‘OK Boomer’ an Ageist Slur?”

ATS 56

ATS Discrimination Time and Attendance Diversity 56

Etz

MAY 13, 2020

Pre 2008, the figure stood at 140 sq. ft; Since 2008 it has fallen to 80 sq. Over 2 – 5 years, as companies regain the ground lost during the coronavirus pandemic, the emphasis may shift back to permanent hiring, but it is unlikely to be at the levels from before the crisis.

Video Recruiting 105

Video Recruiting Recruiting Software Hiring Software Recruitment 105

Thrive Global

OCTOBER 10, 2022

We were at the company picnic playing basketball one year and I happened to be playing really well. It isn’t easy to put the same mental toughness and energy into a project at work as it is to put physical effort on the field or in the gym, but that experience definitely drove home the importance of doing so.

Hiring Software 36

Hiring Software Recruiting Software Wage and Hour Training Staffing Software 36

Best Money Moves

FEBRUARY 12, 2019

Let’s look at the example of the government shutdown,” says Marv Feldman, CEO of Life Happens. One of the things we saw after the recession in 2008 was many companies were so financially stressed that they started cutting their benefits. How Life Insurance Reduces Financial Stress.

Comparison 101

Comparison Compensation Retirement Payroll 101

Cornerstone On Demand

AUGUST 10, 2015

While many business leaders look to the economy for trends and forecasts — closely following any promising signs as we recover from the 2008 crisis — there's another change brewing right under their noses. and women-owned firms were growing at twice the rate of all other groups. Why are women leaving?

Strategy 170

Strategy Retention and Turnover Talent Management Diversity 170

HR Daily Advisor

FEBRUARY 26, 2018

The economic downturn that hit the nation in 2008 as well as the tendency for people to live longer and healthier lives than ever before have both contributed to a tendency for employees to choose to stay in the workplace longer, delaying their retirement. In fact, in some workplaces, 55 doesn’t even begin to signify time to retire.

How To 85

How To Retirement Diversity Groups 85

Thrive Global

NOVEMBER 1, 2019

At the end of 2008, I knitted 30 scarves for abused women. The directors presented the scarves when the women arrived at the shelter, as a reward for leaving their abusive environment. We went to church groups, retirement homes, senior centers, libraries, clubs, etc. to recruit more scarf makers. We feel powerful.

Retirement 57

Retirement Groups Recruitment Wellness 57

HR Daily Advisor

JANUARY 24, 2017

The new Interpretive Bulletin withdrew IB 2008-2 and brings back earlier guidance related to plans’ proxy voting. In a related move, the DOL in October 2015 reversed 2008 guidance that discouraged retirement plan fiduciaries and their investment advisers from considering ESG factors when choosing companies for their portfolios.

Exercises 40

Exercises Retirement Employee Benefits Trends 40

Thrive Global

OCTOBER 13, 2021

When it comes to retirement investing, serious missteps can cost you. Reviewing these common mistakes below will likely help guide you toward a more financially secure retirement. They will also determine things such as proposed return, risk tolerance, and liquidity needs before arriving at conclusions. Okay, let’s race!

Retirement 69

Retirement Planning Tools Study Company 69

Best Money Moves

AUGUST 31, 2021

At Quartz , Tim Fernholz writes that “the U.S. In 2018 and 2019, workers were already quitting jobs at record rates. But the problem of compensation can be traced further back, before even the 2008 financial crisis. More time at home has re-taught many to value work-life balance.

Compensation 59

Compensation Certification Compliance Training Trends 59

Thrive Global

MARCH 1, 2022

increase for wages in 2022, the largest increase since 2008. If you recently earned a raise or you’re expecting one, take a look at your whole financial picture and make sure to tackle some of the essentials as part of your plan. This can help you avoid borrowing or tapping retirement funds to pay for financial surprises.

Planning Tools 28

Planning Tools Assessment Software Retirement Compliance 28

Slayton Search Partners

APRIL 25, 2023

experienced in 2008. The fact is, the monthly job reports of the first quarter were highly positive, and the unemployment rate remains at a fifty-year low. In fact, layoffs at companies besides these high-profile organizations are still relatively rare. At the end of the day, storm clouds are gathering.

Talent Experience 40

Talent Experience Strategy Hiring Software Retention and Turnover 40

ForUsAll

MARCH 11, 2019

Taken as a percentage of the assets, over time, they can add up to a HUGE chunk of change that can take years off of your or your employees' retirements. A 2% fee doesn’t sound like daylight robbery, but over 35 years, that little fee can consume up to half of your retirement earnings. Of course, easier said than done.

Retirement 75

Retirement Benchmarking Analysis Payroll 75

Thrive Global

APRIL 14, 2020

Remember, while retirement may be a year away, the income from investments will (hopefully) be needed for decades. What hurt many people in 2008 was they had all their money in stocks/ stock funds for greater growth, and when market collapsed, they had no funds not affected to pay the bills. And over 30 years later, I’m still at it.

Retirement 36

Retirement Industry Examples Hiring 36

Zenefits

JUNE 11, 2021

They are between the ages of 56-75 years old, and nearing retirement. Perhaps more than other generations, they’re motivated by title, traditional perks (like a 401(k) retirement account), and prestige. You’re unlikely to see them stay at one place of employment for more than a few years. They are between the ages of 40 and 56.

HR Software 81

HR Software Retirement Diversity Course 81

ExactHire

AUGUST 10, 2018

The Jobs Report for July 2018 showed employers adding 157,000 new jobs and pegged the unemployment rate at 3.9%–which hovers around an 18-year low. This is in drastic comparison to a decade ago, when during the Great Recession the unemployment rate began its steep rise (it would ultimately top out at 10% in October 2009 ).

Hiring Software 130

Hiring Software Onboarding Software Recruiting Software Compliance Training 130

Thrive Global

FEBRUARY 18, 2020

I became extremely ill to the point of literally being days from death in 2008. To make matters worse, I wasn’t the healthiest person at the time. I abused drugs, I barely slept, and didn’t eat the right foods or no food at all. I drained my savings, retirement, and paid leave to financially get by.

Retirement 36

Retirement Compliance Training ATS Wellness 36

HR Examiner

JULY 3, 2020

Topics: Workforce Institute at Kronos Appoints New Executive Director, New Study from Redthread Research on Women, Performance Management, and COVID-19, Doom and Gloom, People Analytics, and Rethink. Workforce Institute at Kronos Appoints New Executive Director Link ». Joyce Maroney is retiring after 13 years. HR Tech Weekly.

HR Software 52

HR Software Kronos Staffing Software Recruiting Software 52

Linkedin Talent Blog

APRIL 23, 2023

Boomers are hopeless at learning new tech. The generation that we’re training now knows that information should be quickly available at their fingertips in an easily digestible format,” says David Faro , senior manager of workforce and business development at the National Restaurant Association. Stereotypes? The lesson here?

Compliance Training 49

Compliance Training Retirement Training Course 49

ForUsAll

NOVEMBER 18, 2021

Since the launch of Bitcoin in 2008, cryptocurrency has seen a meteoric rise. Popular apps such as Coinbase, Crypto.com, and others allow investors to buy, sell, and exchange digital assets at any time. The Alt401(k) caps initial transfers at 5% of the total balance, with a 5% cap on future contributions regardless of allocations.

Retirement 98

Retirement Strategy Trends System 98