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Why Are Companies Turning to Older Workers? Should You?

AvilarHR

Not so long ago, most people worked until the age of 62 or 65 before retiring to fill their days with family, travel and recreation. However, while no one was looking, the rules of retirement changed! Roughly 10,000 Baby Boomers retire each day. Why Hire or Retain the Most Seasoned Employees? When Are Older Workers a Good Fit?

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The Great Generational Shift: How Employers and Managers Can Prepare

Everwise

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. High-maintenance workforce.

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How to Handle 5 Generations in the Workplace

HR Daily Advisor

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
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Why You Need a New Strategy for Retaining Female Talent

Cornerstone On Demand

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. Gender Diversity Improves Performance. And it doesn't take knowledge of the stock market to understand.

Strategy 170
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Forget the Catchy Headlines – It Is Time for HR Leaders to Get Serious About Workforce Planning

CCI Consulting

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.  Use workforce analytics and scenario planning to model diverse workforce scenarios and their potential impact on the company.

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Generations in the Workplace: Boomers, Gen X, Gen Y, and Gen Z Explained

Zenefits

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. Gen Z is the most diverse generation yet, so naturally diversity and inclusion efforts matter to the age group most impacted them.

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Succession Planning: Essential Guide for HR

Analytics in HR

Employees get promoted, move companies, and retire every day. In this phase, diversity is key. If diversity in the boardroom is already an issue for the organization, the diversity of succession candidates should be a top consideration in talent and leadership development programs.