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New Year, New HR Trends for Brokers to Know

Extensis

Investing in career development In 2024, clients must have a genuine interest in their staff’s career development to maintain their talented workforces. Additionally, it’s estimated that by 2027, 50% of skill sets for jobs will have changed , highlighting the need to prioritize continuous learning.

HR Trends 101
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New Year, New HR Trends for Brokers to Know

Extensis

Investing in career development In 2024, clients must have a genuine interest in their staff’s career development to maintain their talented workforces. Additionally, it’s estimated that by 2027, 50% of skill sets for jobs will have changed , highlighting the need to prioritize continuous learning.

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How Upskilling Is a Win for Both Employees and Their Companies

Linkedin Talent Blog

Close the skills gap Skill sets for jobs have changed by around 25% since 2015 and this number is expected to double by 2027. Highlight these opportunities for career growth in your job postings , in employer branding materials, and throughout the recruitment process so candidates know you offer them.

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Career Pathing 101: What It Is and How to Get Started

Linkedin Talent Blog

For example, GitLab shares career paths on their job posts and in their employee handbook so applicants can envision a career — not just a job. Increase employee retention Career pathing enables your team members to visualize their future with your organization and grow within your company.

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UAW Strike 2023: What Happened and What Other Companies Can Learn From It

Terryberry

Ford: Wage Increases: 25% overall over four and a half years, including an immediate 11% increase and 3% annual raises in 2024-26 with a final 5% bump in 2027. Leaders should take the opportunity to prevent voluntary turnover by proactively addressing salary negotiations. Top wages will reach over $40 an hour.