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HR in 2024: Shaping Tomorrow’s Workforce Through Bold Leadership

HR Digest

“As Baby Boomers and Gen Xers get closer to the ends of their careers, we’ll see a bigger emphasis from employees and employers on financial wellness and retirement preparedness. In 2024, financial wellness will be front and center as employers take a more active role in ensuring their employees are financially prepared to retire.

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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

Here, we summarize the report’s 10 key points, from the need to focus on an increasingly diverse workforce to the growing role of artificial intelligence (AI) in HR. Many seasoned leaders are retiring, and their successors may benefit from training to help them become even more impactful in their new roles.

HR Trends 101
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Generational Diversity in the Workplace 2022

EmployeeConnect

Diversity in the Workplace has long been an area of discussion and consideration among many organisations in Australia. Diversity and inclusion are continuing to grow in importance and gender and cultural diversity has been the focus for many years and continues to be extremely important. What is Generational Diversity?

Diversity 208
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The Changing Face of Retirement

HR Digest

Retirement used to be seen as a time to relax and enjoy the fruits of one’s labor after a long and successful career. However, in recent years, employee benefits have been improving, as has the face of retirement. People are living longer, working longer, and facing new challenges that are reshaping what retirement looks like.

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Transamerica Study Overview: What Retirement Looks Like for the Multigenerational Workforce

Extensis

Quick look: Retirement never strays far from the topic of conversation, even among those newly entering the workforce. A recent Transamerica study explores how Gen Z is preparing for retirement, how it differs from older generations, and ways brokers can help their clients adjust their benefits to accommodate all.

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Employees are saving more for retirement. What HR is doing right

HRExecutive

And, apart from better retirement preparedness, employers continue to have a lot to gain by supporting employees’ financial wellness. The need for employers to help employees with emergency savings became particularly critical during the pandemic, Angela Trefethen, senior director of retirement plan services at The Standard, tells HRE.

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7 secrets to solving the talent shortage problem

Business Management Daily

As baby boomers retire, there’s a notable gap in numbers to fill their roles, leading to a shortage that’s felt across various industries. Limited access to a global talent pool can hinder employers from tapping into diverse skills and perspectives, worsening the shortage. First and foremost, demographic shifts are fundamental.