article thumbnail

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.

article thumbnail

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). Develop Talent Strategies : This is the bread and butter of HR work. So, how is history repeating itself?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Succession Planning: Essential Guide for HR

Analytics in HR

This leads to higher turnover in very vital positions for companies,” notes Dunlap. The key process steps are: Talent development Identification of leadership talent Leadership development Succession decision You can use this process as your succession planning template.

article thumbnail

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.

article thumbnail

Avoid 3 Critical Business Disrupters: Upskill Your Frontline Workers

i4cp

While the last jobs report showed a reduction in the unemployment rate to 4.9% (the lowest rate since 2008), there are still 8.7 if they were given the opportunity to develop additional skills. When frontline workers take advantage of development opportunities, it has a positive impact on the market performance of the organization.