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HR tech strategies for navigating the Skills and Silver Tsunamis

HiBob

But it’s essential for businesses to equip their workforce with the skills to leverage this new tech effectively, especially in today’s dynamic market where adaptability is key. On top of this, the half-life of skills is shrinking fast, with experts predicting that half of today’s workforce’s skills will be outdated by 2025.

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The "Next Big Thing" in Talent Acquisition

Cielo HR Leader

The American Medical Association predicts a shortage of 130,000 physicians across all specialties by 2025. Other recent reports point to current shortages of IT staff and an estimated one-third of the nursing workforce hitting retirement over the next 10 to 15 years. The result?

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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. Healthcare workers are picking up the slack from staffing shortages —it’s hard to find the time to upskill or reskill so they can keep up with the demands of advancing technology. As a result, there’s a dire need for healthcare workers in the U.S.

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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. Failed to Plan?

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5 Ways to Adapt to an Aging Workforce

Career Partners International

In today’s environment of rapid change, forward-thinking organizations recognize the need for strategic workforce planning. However, there is one cohort that is often overlooked in workforce planning – the older worker or “late-stage careerist.” will be over the age of 55.

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Employee Attrition: Meaning, Impact & Attrition Rate Calculation

Analytics in HR

It often results in a decrease in the size of an organization’s or department’s workforce because positions aren’t refilled when employees leave. This typically happens when automation or new technologies replace employees. The company is laying off 5% of its workforce by 2025 to boost profitability.

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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.