Due largely to early retirements and a caustic mix of ageism and cost-cutting measures, businesses let too many older workers go during the pandemic, and when they left, so did a lot of institutional memory, expertise, and loyalty.
With fewer younger workers entering the labor market for at least a generation, employers that don't think beyond today's working-age population will likely struggle to build a reliable workforce that can maintain operational efficiency and effectiveness.
While the labor market appears to remain resilient, it's hard to ignore the characteristics of the macro economy that make this feel like a recession of unknown severity.
Preparation is key to weathering the storm, and businesses must use this time to prepare their hiring strategies for a potential economic downturn.
To make the interview and talent acquisition process a little more bearable as well as increase the chances of better outcomes and transparency, Forbes asked 15 experts from its Human Resources Council for advice on the most essential etiquette rules that hiring managers or recruitment representatives should never ignore when screening potential new hires.
At times, it may be difficult for HR leaders to get their entire team on board when it comes to embracing trends in big data and how to effectively tap into it.
Forbes Human Resources Council members share their best practices on how HR managers can help stakeholders openly embrace the advantages that big data trends have to offer.
Already exhausted from the COVID-19 pandemic, healthcare workers in the area again stepped up for the community. Many caregivers and administrators said they've never seen a storm more disruptive to emergency and healthcare operations.