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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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Addressing Skill Gaps in the Healthcare Industry | ClearCompany

ClearCompany HRM

One in five have quit their jobs since 2020, and 47% plan to by 2025. Do you know which workforce skills your company will need and how you’ll meet the demand? Workforce planning analytics can help you bridge gaps preemptively for a consistently proficient workforce.

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5 Ways to Adapt to an Aging Workforce

Career Partners International

In today’s environment of rapid change, forward-thinking organizations recognize the need for strategic workforce planning. However, there is one cohort that is often overlooked in workforce planning – the older worker or “late-stage careerist.” will be over the age of 55.

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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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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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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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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%.