Remove 2020 Remove Planning Tools Remove Retirement Remove Succession Planning
article thumbnail

What’s Keeping HR Up at Night in 2020?

HRExecutive

million in January 2020, according to the Bureau of Labor Statistics. Slightly more than half of the respondents worry about retaining key talent, with the next most common concern being developing leaders and succession planning, followed by improving the employee experience, and driving innovation and helping teams work together.

article thumbnail

The Aging Workforce: Succession Planning and Retention

HR Daily Advisor

Today we’ll look at more tipis, including succession planning and making the most of an older workforce. Succession Planning Concerns. Succession planning presents another age discrimination risk. The post The Aging Workforce: Succession Planning and Retention appeared first on HR Daily Advisor.

Insiders

Sign Up for our Newsletter

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

article thumbnail

6 Must-Have HR Tools in 2021

Hppy

All of this change requires learning new skills, honing old ones and leveraging the technology that is now omnipresent throughout HR to make all of the many facets of the role more streamlined. With that in mind, below are 6 must-have HR tools in 2021, broken down by functionality. . Rewards and Recognition Software.

article thumbnail

How the Retirement Boom Has Impacted HR and Recruiting

Accurate Background

They’re retiring. The workforce is experiencing a seismic shift as Baby Boomers embark on their journey into retirement. The oldest boomers turned 65 in 2011, the youngest will hit 65 by 2029, and all boomers will be above the social security retirement age of 67 by the year 2031. (To So, where are the Baby Boomers now?

article thumbnail

4 Strategies To Help Organizations Fix the Gender Wage Gap

15Five

Did you know that Pew Research Center reports that “it would take an extra 42 days of work for women to earn what men did in 2020?” For example, if you are looking for a software engineer, you might come up with a salary of $80,000-$120,000. Next, you want to give your succession planning experience the same deep dive.

Strategy 204
article thumbnail

Forget the Catchy Headlines – It Is Time for HR Leaders to Get Serious About Workforce Planning

CCI Consulting

A significant contributing factor in 2021 is the increase in retirements with 1.5M more retirements than normal.  It has been predicted for quite some time that the Baby Boomer generation would start to retire in masses, and it finally is happening following the COVID-19 pandemic.

article thumbnail

Retirements vs Quits: Getting to the Bottom of the Great Resignation

Slayton Search Partners

In particular, the earlier pandemic era (2020-2021) resulted in a record number of retirements and early retirements. Towards the beginning of the pandemic, media mainly focused on statistics like “40% of workers planning to quit in the next six months.” The Great Resignation in the Early Pandemic Era.