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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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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.  The average quit rate increased each year from 2009 – 2019. 

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5 Steps to Avoid Talent Shortfalls Using Data-Driven Workforce Planning

Visier

a big postwar question, and ushered in an era of new revolutionary practices, such as coaching, job rotation, 360-degree feedback, high-potential tracks, and succession planning. Companies with poor workforce planning were at risk of going out of business or being sold off.

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Leveraging the Strengths of Family Business Through Outside Leadership

Slayton Search Partners

Resiliency has been top of mind for every company in the wake of the pandemic—but it is also fundamental to bouncing back after economic downturns, such as the 2009 financial crisis. Finally, family-owned businesses are not immune to the Great Resignation and the increasing rates of retirement—even among their own family members.

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4 Talent Management Challenges The Insurance Industry Is Facing

Eightfold

As we saw in the financial crisis in 2008/2009, the insurance industry was very resilient, and did not have a downturn in unemployment,” Jon Loftin , president and COO of MJ Insurance, tells Insurance Business. “In When the pandemic hit in early 2020, then, those challenges just added to the work that was underway.

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Is it time for a culture check-up?

HRExecutive

A few months later, Lincoln announced it would accept $950 million in capital as part of the government’s $700 billion Troubled Asset Relief Program (TARP), made a public offering of $600 million of common stock and sold Lincoln National plc, its United Kingdom unit that sold life insurance and retirement-income products.

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3 Steps to Physician Recruitment

Cielo HR Leader

These organizations need to develop a recruitment plan that uses more than simple subtraction. Succession Planning. According to the Association of American Medical Colleges, one-fourth of the 772,687 active physicians in 2009 were 60 or older. Many of these older physicians will be retiring just as demand picks up.