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Replacement Planning: 3 Steps to Develop Your Organization’s Strategy

HR Bartender

And you should have much of this information from your workforce plan and staffing analysis. Again, your staffing analysis should contain this information. It’s better to find out this information during a planning activity than when you’re trying to fill an opening. Those key positions are a place to start.

Strategy 262
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How Employee Attrition Affects the Workplace

Intoo USA

Retirement Retirement attrition occurs when employees exit the workforce upon reaching the eligible retirement age or choosing to retire early. Employee attrition refers to the process of employees leaving an organization, encompassing various reasons such as retirement, resignation, or termination.

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Benefits Healthcare Employers Can Offer Other Than Higher Pay

Hospital Recruiting

Retirement and Financial Planning Addressing the long-term financial well-being of employees is crucial. Here’s how this can be done: Retirement Plans: Implement competitive retirement plans like 401(k) or 403(b) with employer matching.

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HR’s next big challenge: Ageism in the workplace

HRExecutive

Of the hiring managers surveyed by ResumeBuilder who admit age bias against older workers, three-quarters say that view is motivated by that population’s proximity to retirement. These can include phased retirement options, part-time work for retirees and alumni networks. It’s an approach that i4cp has found is largely lacking.

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5 Things We Learned About the Future of Work From Heather McGowan at Thrive 2022

15Five

We’ve heard a lot about the Great Resignation, but according to Heather, there are also four other “greats” impacting the current job market: Great Resignation Great Retirement (Boomers) Great Reshuffle (reskilling, changing industries) Great Refusal (rising costs with no minimum wage increase) Great Relocation (remote work allows resettlement).

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An SMB Employer’s Guide to Streamlining Open Enrollment

Extensis

For employers, it can be a complex and time-consuming process, fraught with paperwork, deadlines, and the need to ensure that all employees are well-informed and supported. During this time, employers should regularly communicate all benefit information to staff and promptly address any questions. Is your technology up to date?

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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.