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Why We Will All Love the New HR

Visier

An estimated 50 percent of the oil and gas industry’s workforce is set to retire in the next five to seven years, a phenomenon known as the Great Crew Challenge. Largely because one of the biggest demographic changes to the makeup of the labor market is upon us — the retirement of the baby boomer generation. will be 65 or older.

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The "Next Big Thing" in Talent Acquisition

Cielo HR Leader

The American Medical Association predicts a shortage of 130,000 physicians across all specialties by 2025. Other recent reports point to current shortages of IT staff and an estimated one-third of the nursing workforce hitting retirement over the next 10 to 15 years.

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Employee Attrition: Meaning, Impact & Attrition Rate Calculation

Analytics in HR

Also, if multiple experienced employees are eligible for retirement or resign at the same time, it may create a skills gap. The company is laying off 5% of its workforce by 2025 to boost profitability. During the competitive employment climate of the pandemic era, Bank of America built up its workforce.

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The Financial Services Skills Gap: Are Baby Boomers the Answer?

Workday

Their wealth of knowledge and experience can fuel the digital transformation taking place in the industry—but all too often, the aging workforce is underutilized. Fastest-Growing Workforce Demographic in Financial Services. The growth of aging workers indicates that many are not retiring—they’re staying in the workforce.

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2014 HRPS Global Conference: Empower Your Talent with Purpose

Cielo HR Leader

Challenges such as the impending retirement cliff, an increasing skills gap and talent shortages, as well as the persistent difficulty of retaining top employees—who are creating havoc across all companies and industries. In fact, Millennials will make up 75% of the global workforce by 2025. Today, we’ve already reached 36%.

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3 workforce trends to prepare for in the last quarter of 2021

Workable

Ideally, employees who refer others, work until retirement and never consider seeking employment elsewhere. But, in today’s workforce, is it possible for any employer to get all the things they want? By 2025, it’s expected that 36.2 In August, the number of unemployed people decreased to 8.4 It’s not just a fad.

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100 Top DEIB and HR Influencers

Ongig

She launched the data-driven local talent acquisition program at Facebook, which increased the hiring of underrepresented talent by 700%. Impressive Milestone: He is a globally respected writer, speaker, and executive consultant on data-driven HR, people analytics, and the future of work. How to follow: Twitter @btreasurer.