People are the key ingredient to an organization’s success. However, in the last several years, employers have struggled to hire and retain qualified employees.
The outlook for the next decade isn’t promising, given that the Baby Boomer generation, the largest segment of the US population, is set to reach full retirement age by 2030. How will employers address this impending labor shortage?
In the upcoming years, workforce development will play a pivotal role in every organization’s employment initiatives. As organizations compete to hire a limited workforce, those investing in their employees will retain their team members.
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