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The C Sheet January 14: Hospital Staff Shortages, High Reservation Wages, and a Resurgence of Retirees

Visier

This Hospital Competes with Walmart for Staff. To meet the labor shortage, they’ve started offering higher salaries that have to compete with Walmart. Here’s how to help them with their reentry: Welcoming Back Formerly-Retired Workers Can Help Remedy Your Labor Pains. A New Minimum Wage. Check On Your Grocery Cashier.

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What is Headcount Reporting? A Complete Guide for Employers

HR Lineup

Attrition and Turnover Report An Attrition and Turnover Report focuses on employees who have left the organization, whether through resignation, retirement, or termination. Skills and Competency Report A Skills and Competency Report provides a detailed overview of the skills and qualifications present within the workforce.

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Succession planning 101: A step-by-step guide for small businesses

Business Management Daily

It is a strategic practice that ensures critical positions are not left empty for an extended period should someone quit, retire, or need an extended leave. If someone is retiring, you’ll often have a few months to ramp up the talent development of the future leader and facilitate a more robust knowledge transfer.

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Many US workers don’t earn a living wage. Can HR help?

HR Brew

Even as some employers have raised their minimum wage to $15 or even $20 an hour in recent years to compete for talent, “the challenge is that cost of living has increased at a fundamentally faster pace,” Vaghul said. Employers in low-wage sectors are increasingly leaning into benefits to attract talent, HR Brew previously reported.

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

15Five

To compete for both talent and investor dollars, organizations and their leaders must take their commitments seriously. Getting (and keeping) diverse leaders is also a top priority in competitive talent markets, and 84% of diverse execs say they would not take a position without DEI commitments.

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The 21 metrics you need for Strategic Workforce Development

AIHR

For example, if a large proportion of a target group is nearing their retirement age, or if engagement scores for key employees are very low, make them pop out! These are metrics that give very detailed information about the population and will help you in making customized HR policies tailored to future workforce demands.

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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. While this opens opportunities, it also means that organizations compete on a broader scale for the same talent pool. First and foremost, demographic shifts are fundamental.