Remove 2008 Remove Retention and Turnover Remove Retirement Remove Talent Development
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Talent Shortages Hit the Levels of 2007: In-house Talent Development Comes to Rescue

Rallyware for Human Resources

In this article, we’ll explain how companies survived then and how you can solve employability issues with in-house talent development now. How talent-centric management and training stood against the Great Recession . L&D practices for talent development and better performance. Manpower Group. Manpower Group.

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

CCI Consulting

First, some facts about employee turnover: The 2021 quit rate is consistent with other post-recession data (i.e., 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. 

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Succession Planning: Essential Guide for HR

Analytics in HR

It’s about identifying top performers and potential leaders and mentoring and developing them so they can advance in the organization and move into top-level roles. Employees get promoted, move companies, and retire every day. This leads to higher turnover in very vital positions for companies,” notes Dunlap.

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Full-time vs. Part-time Employee Benefits: How to Offer Both

Zenefits

The United States economy was on the rebound during the 12 years following the 2008 recession. The employee-driven economy drew businesses into fierce competition for talent. Big-box retailers, some with historically high turnover rates, responded to the tight labor market by extending benefits to part-time workers.