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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.

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How to Solve Hiring Problems in Manufacturing with Employee Recognition

Semos Cloud

million in 2010. As more workers migrated to white-collar jobs, and seasoned professionals move closer to retirement, the entire manufacturing sector faces an unprecedented number of missing laborers. The situation will only worsen because of older professionals’ retirement rates. million (in 2000) to 17.8

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Diagnosing and Preventing Nurse Burnout Using People Analytics

Visier

According to a 2010 study of California’s policy by Linda Aiken, et al., This in turn puts even more strain on an already taxed system.”. There are certain forces that put pressure on nurses to work past their limits: Systemic forces. As baby boomers reach post-retirement age, their demands on the healthcare system increase.

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5 Hiring and Retention Strategies for Healthcare | ClearCompany

ClearCompany HRM

We’ll also look at winning strategies health systems use for hiring and retention. High-turnover industry: Employee turnover in healthcare has risen since 2010, a decade before we saw it skyrocket during the pandemic. Retirement: Retirement was a top reason healthcare workers left their jobs over the past few years.

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Prepare for Nurse Retirements and Shortage with Intelligent Workforce Planning

Visier

With baby boomers heading into retirement — by 2050 an estimated 88.5 But there is another retirement population that is perhaps even more worrying to them: nurses. This means that more than one million RN’s will reach retirement age within the next 10-15 years, leading to a drastic shortage of skilled, tenured nurses.

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

Netchex HR Blog

Because employee benefits can be complicated, and you need a centralized system to manage costs and adjust policies. Minimize the confusion and miscommunication by upgrading to integrated software for employee benefits management. Utilize employee benefits management software. LEARN: How Does Payroll Software Work?

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Forecasting in R: a People Analytics Tool

Analytics in HR

Google Trends is an online tool that enables users to discover trends in search behavior within Google Search, Google News, Google Images, Google Shopping, and YouTube. The Training data represents that data from January 2010 to January 2019, while the Test data represents the last 18 months of data (i.e., Data Collection.