Will baby boomers stay in jobs – and overcrowd the market?

Will baby boomers stay in jobs – and overcrowd the market?

Many baby boomers intend to work past retirement age, and one article contends they will potentially overcrowd the job market. The article goes on to say this could create a problem for both younger and older workers. If the overcrowding keeps wages lower,  then older workers might need to work much longer to acquire the retirement savings they desire, and, “if employers end up using older workers instead of younger workers, this could also lower wages for younger workers or slow down their wage growth, the researchers say.”

 

But, this article presents a flawed argument, because many of the positions baby boomers currently hold are not the same jobs that are opening up for new college grads or entry level workers. In fact, some positions baby boomers fill right now are getting harder and harder to fill because of the expertise and experience level they require.  Meanwhile, the reason fewer jobs were filled last month? The lack of skilled labor to fill it. Read More Here and Here

Who best to lead change? A conversation about race in the workplace

Who best to lead change? A conversation about race in the workplace

“Wouldn’t it be great if all the CEOs of the Fortune 500, who employ millions of people in the United States, came together and acknowledged that, notwithstanding everything we’ve tried, we can do even more about race?” Tim Ryan, the US Chairman of PwC asked. What insights did Ryan hold that allowed this CEO to share insights and impart wisdom that most CEOs cannot? Some incredibly moving incidents about what it feels like to be an outsider and have compassion for others. Ryan is moving the needle on diversity in the workplace and using PwC’s reach to spread his message to others. Read More Here

If you have positions to fill, you can’t afford to NOT read this article

If you have positions to fill, you can’t afford to NOT read this article

In a job market that can be very tight for certain roles, today’s hiring mistakes can cost you much more than they did a year or two ago. Take the time to incorporate some of these hiring managers’ top recommendations on how to find a qualified candidate. Hint: it doesn’t include the question “where do you see yourself in 5 years?”

The big takeaway from this article: get out of an office or conference room to see how a candidate interacts with all sorts of people.  We also appreciate how pushing for diversity is highlighted – “Hiring an innovative team starts with finding people who think differently.” Special nod to The NYT animation on this article – don’t skip the Candyland style “Road to Hired” at the top. Read More Here.