Remove 2016 Remove Retirement Remove Succession Planning
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3 Ways to Hire Top Talent — With or Without Open Roles

Spark Hire

With the cost per day of an open position averaging approximately $500, according to the CEB Global Talent Trends Q2 2016 report , and the average time to fill at about 44 days, unfilled roles can run upwards of $22,000. With the changing generational demographics, succession planning is essential for every position.

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How this HR Honor Roll winner navigated employee trauma and growth

HRExecutive

In early 2016, Heather Vogel read about a job opening at the Children’s Home Society of Florida. The need was clearly there: When Vogel joined, CHS had recently lost seven senior executives to retirement. And there wasn’t any succession plan, there wasn’t any leadership development,” she says.

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Expanding Beyond the Traditional Succession Plan

HR C-Suite

According to Deloitte’s 2016 Board Practices report, 12% of boards across all market caps and various industries don’t know who owns the succession planning responsibility. If your bank […].

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Why Banking On Your Workforce Boosts Business Results

Visier

Have increasing retirement rates for investment advisors led to a decrease in assets under management? In fact, only 31% of banking and capital market CEOs feel very confident about their company’s growth prospects in 2016. Intelligent, fact-based planning is essential to mitigating this problem.

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Is there harm in asking? Questioning employees about their plans to retire

HR Daily Advisor

Retirement decisions cannot be divorced from a person’s age. When asking questions about retirement, employers should be cognizant of age discrimination laws and the implications of making such inquiries. . The Equal Employment Opportunity Commission (EEOC) received more than 20,000 age complaints under federal law in 2016.

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How the Retirement Boom Has Impacted HR and Recruiting

Accurate Background

They’re retiring. The workforce is experiencing a seismic shift as Baby Boomers embark on their journey into retirement. The oldest boomers turned 65 in 2011, the youngest will hit 65 by 2029, and all boomers will be above the social security retirement age of 67 by the year 2031. (To So, where are the Baby Boomers now?

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Missed Opportunities: 4 Ways Employers Can Promote Retirement Security

HR Daily Advisor

TCRS interviewed more than 1,800 for-profit employers with five or more employees to understand their views on their employees’ future retirement. TCRS interviewed more than 1,800 for-profit employers with five or more employees to understand their views on their employees’ future retirement. Family responsibilities (22%).