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How the pandemic accelerated already existing labour market trends

Rise

Whether you call it the Great Resignation, the Great Reckoning, or even the Great Retirement, there has been a massive shift in labour market trends over the course of the last two years. The data that they point to shows that the number of people quitting has increased by 0.10% every year from 2009 to 2019.

Trends 100
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5 Things We Learned About the Future of Work From Heather McGowan at Thrive 2022

15Five

According to Heather, churn has been building since as early as 2009. Probably the most surprising revelation that Heather shared in her talk was that the Great Resignation was, in fact, not a “post-pandemic phenomenon.” There are 5 “greats” changing the relationship between individuals and organizations.

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More Executives Are Retiring: What Does Succession Planning Look Like Amid COVID-19?

Slayton Search Partners

There are many Americans out there who, blindsided by the pandemic, are anxious about their upcoming retirement. They are experiencing a volatile stock market, layoffs and furloughs that make investing in their retirement difficult. And for a concerning number of C-suite executives, those rising priorities include retirement.

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Retirement Savings Plague Workers Who Are Fearful They’ll be Working Past 70

HR Daily Advisor

However, a new CareerBuilder survey highlights employees’ concerns over whether or not they have enough saved for retirement, hindering plans to retire at the typical age of 65. workers are still pumping the brakes on their retirement plans. Though the economy is improving, many U.S. private sector. 3 million or more: 7%.

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Financial Wellness: Employers Enhance DC Retirement Plans to Improve Employees’ Financial Security

HR Daily Advisor

With concerns mounting that employees aren’t saving enough for retirement, U.S. employers are making significant enhancements to their defined contribution (DC) plans, now considered the main retirement savings vehicle for most working Americans, according to a survey by Willis Towers Watson, a global advisory, broking, and solutions company.

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Setting Their Sights on Retirement

HRExecutive

If you think millennials aren’t concerned about retirement, think again. On Tuesday, Willis Towers Watson released a survey that found six in 10 millennials are willing to sacrifice pay for more secure retirement benefits. This compares to roughly four in 10 in 2009.).

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Gender Plays Vital Role in How Workers Are Saving for Retirement, Finds Willis Towers Watson

HR Daily Advisor

However, a new survey shows that gender plays an important part in how workers are saving for retirement and securing their financial freedom. Saving for retirement is a significant challenge for the vast majority of working Americans,” said Shane Bartling, senior consultant, Willis Towers Watson—in a press release.