article thumbnail

Generational Diversity in the Workplace 2022

EmployeeConnect

Diversity in the Workplace has long been an area of discussion and consideration among many organisations in Australia. Diversity and inclusion are continuing to grow in importance and gender and cultural diversity has been the focus for many years and continues to be extremely important. What is Generational Diversity?

Diversity 208
article thumbnail

The big boom: The ABCs of preparing your company for the exodus of retiring baby boomers

Rehmann

is on the brink of an inevitable employment crisis: the Baby Boomer generation – comprising nearly 75 million Americans – has begun to retire in large numbers. In 2010, the percentage of retired baby boomers was 10 percent; that figure has nearly doubled today. Collect data on when key employees plan to retire.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Delicate Art of Choosing Part-Time vs. Full-Time Workers

Homebase

Diverse skill sets: The less committed nature of part-time work makes bringing in new people easier, which can be a blessing if you need specialized expertise for specific tasks. Cons of full-time jobs Higher costs: Going full-time often means more benefits like health insurance and retirement plans, bumping up your overall labor costs.

article thumbnail

Employee Benefits Management: Getting the Most Out of Your Benefits Plan

Netchex HR Blog

You might offer a partial match on programs like retirement savings, but other voluntary benefits are relatively inexpensive for the company. New benefits might help recruit a more diverse set of new hires. Employees sometimes cover the majority (or entirety) of the cost of some benefits, which makes them popular with employers.

article thumbnail

Recruiting Trends 2020 Report: Predictions for the Year Ahead

Yello

Diversity & inclusion efforts will drive business success. When you ask leading organizations what they’re hoping to achieve with diversity recruiting, you may get responses involving net profit, innovation, revenue and more. Diverse companies produce 19% more revenue. Source: Forbes. Automation is the answer.

article thumbnail

Nurturing the Future of Healthcare: Edcor Critical Pathways

Edcor

The Institute of Medicine in its historic 2010 report on The Future of Nursing: Leading Change, Advancing Health showed that nurses need higher education to meet the changing healthcare needs of patients. Each level equips nurses with different skills, allowing them to take on diverse roles within the healthcare system.

article thumbnail

Why You Need a New Strategy for Retaining Female Talent

Cornerstone On Demand

Four shifts, in fact: Women are leaving the corporate world; nearly half of Americans will be retiring from the workforce in the next decade; minorities are now the majority; and freelancing is the new 9-to-5. As of 2010, there were more than 8 million women-owned businesses in the U.S, Gender Diversity Improves Performance.

Strategy 170