By the year 2030, Millennials, also known as Gen Y (those born in the 80’s and 90’s) will make up 75% of the workforce. The U.S. Bureau of Labor Statistics predicted that by 2015, this hyper-connected and tech-savvy demographic would come close to overtaking the majority representation of the workplace. Now in 2022 we can see the result.
This should not come as a surprise as it’s been on the horizon for years, but are we prepared for the rise of […]
A 2017 article from the Society of Human Resources notes that 10,000 Baby Boomers turn 65 every day. With thousands of Boomers reaching retirement age every day, more and more companies are seeing large numbers of employee exit, leaving huge talent gaps and reducing overall employee productivity and company effectiveness. Because of their many years of experience and established industry relationships, losing Boomers from the workforce creates more risks for businesses. Here’s how some of that turnover is affecting businesses in every industry, including building materials […]
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