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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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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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The Compelling Case for Upskilling and Reskilling Your Workforce

UKG

About 4 million US workers have left the job market since Covid-19 due to safety issues, retirement, child-care needs, and the mismatch of desired skills or locations. Amazon plans to spend $700 million on technology training by 2025 to help employees learn and move to higher-skill jobs. factory — and the savings.

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100 Top DEIB and HR Influencers

Ongig

Impressive Milestone: He is a globally respected writer, speaker, and executive consultant on data-driven HR, people analytics, and the future of work. His specialties include Hyper-growth, workforce planning & global headcount, performance model design & adoption, and DEI. How to Follow: Digital HR Leaders podcast. .