Vance Selin CPC’s Post

🚀 The modern-day workforce has changed dramatically over the past few decades! Employees are switching jobs more frequently in search of greater purpose or better pay. 🌟 If you're planning a career shift, it’s essential to be aware of how this transition could impact your finances. 💼💰 While it’s an exciting time, being informed and prepared can make all the difference. Ready to make a move? Here are the key financial considerations to review before you leap from our friends at @buckinghamsw 🔗 https://buff.ly/46W9fZg #CareerShift #FinancialPlanning #JobChange #CareerAdvice #FinanceTips #CopperleafFinancial #VermontFinancialAdvisor

Businesses today are grappling with significant talent shortages. A record-breaking 77% of companies are reporting difficulties in finding suitable staff. Many of these vacant roles require specialized expertise that cannot be filled by artificial intelligence or by training new recruits. It's high time for companies to recognize and tap into this vast and valuable pool of experienced workers. Employers must abandon their misconceptions about older employees and implement initiatives to harness their wealth of experience. The knowledge possessed by older workers can be effectively utilized through mentoring roles, integration into multigenerational teams, and incorporation into institutional systems. However, companies must actively engage their seasoned employees by providing flexibility, appropriate benefits, and opportunities for connection. #redesigningretirement #interimexecutive #leadershipgrowth

The phenomenon of retirees re-entering the workforce is gaining momentum, driven by both financial and personal factors. Many retirees seek the social connections, purpose, and intellectual stimulation that work can offer. This "unretirement" trend is reshaping the workforce, injecting valuable experience and skills. If you are ready to return to the workforce, see our openings here: https://hubs.la/Q02gvyp10 #hiring #wearehiring #retirees #returntowork #unretire

As a small business advisor, my role revolves around providing comprehensive support to my clients. Lately, one prevalent area of focus in our discussions has been benefits and retirement packages. Recognizing that competitive salary and benefits are paramount in attracting and retaining top talent, I specialize in crafting tailored solutions to meet this need. Let me assist you in implementing a robust suite of benefits that will not only attract but also retain the best employees for your company's growth and success. #smallbusiness #hiring #benefitspackages

Recruiting, hiring and keeping new employees is tough. It can cost companies 50% - 75% of an employee's annual salary to replace them if they leave. It's just one reason more and more employers are starting or improving their retirement benefits. Good employees are hard to replace. #hiring #hr #smb #businessowner #retirementbenefits #retirementplanning #401k

"Hindsight is 20/20, and here’s what retirees wish they had done differently." #laborchex #preemploymentscreening #backgroundchecks #hr #careers #knowyouremployee #protectyourbusiness #hiring #business #drugscreeningservices #hiringtrends #hrtrends #recruitmentprocess #recruiting #humanresources #businessandmanagement https://lnkd.in/g9Nt_beJ

Retrenchment is real. Young adults are getting retrenched. People hired just over a year are getting retrenched. Productive workers are getting retrenched. Loyal employees are getting retrenched . Part timers are getting retrenched. People who are close to retirement are getting retrenched. Professionals and experts are getting retrenched. High earners are getting retrenched. Chief executives are getting retrenched. No one is ever really safe from this risk. And even more so in recent years. Hirers, don't overpromise if you are not confident in keeping them. Hirees, don't decide on your next job just base off the pay alone. And most important of all, do your financial planning well in case of rainy days such as a #retrenchment. Do you agree?

Are you considering retirees for your organization? If not, why not? Why aren’t more of you considering retired employees who are qualified, skilled, experienced, willing to work, and not pursuing career advancement? Let me share why I’m asking; back in early 2008 (a few months before the recession) the economy was robust and we were in a tough labour market. My HR team was swamped with recruiting, facing a deluge of resumes and struggling to find candidates with the right skills and experience.  We regularly shared the frustration of hiring managers as we interviewed under-qualified candidates or those demanding unsustainable salaries. During that challenging time, a thought struck me: What if we could attract retirees with strong skills and experience who wanted flexible, part-time work without the expectation of high salaries or career progression? This idea planted the seed for On Your Own Time, although I didn’t act on it immediately as my career path changed. Fast forward to 2023, having left HR and adult instruction, I revisited this idea. The post-pandemic job market echoed 2008, with employers desperate for qualified candidates while dealing with high compensation and other demands and unpredictable employees.  However, the numbers of older workers working past retirement had significantly increased since 2008. HR professionals are expected to be innovative in contributing to our employer’s success. My question is “Why don’t you demonstrate your innovative skills? On Your Own Time can help you explore beyond LinkedIn, Indeed and ZipRecruiter, along with your company website. Learn to attract highly qualified candidates and help your employer stand out as one that genuinely practices of Diversity, Equity and Inclusion. I’m truly interested in your thoughts on this. Please comment below if you have insight about you or your organization. I look forward to reading your comments.

People are living longer, and daily life is getting more expensive. It may be time to rethink the timeline for leaving the workforce. Handing in your proverbial badge as a sexagenarian has been the goal for many workers around the world: turning 65 would open a golden portal to retirement. Yet increasingly, the idea of stepping away from the workforce in your 60s doesn't seem realistic – or even sensible – for many people, especially now. Some major financial figureheads agree. In March, investment-management firm BlackRock released its annual letter to the company's investors. Its CEO Larry Fink sounded a warning for workers hoping to retire – comfortably and financially secure – in their 60s. #worlwide #people #living #longer #are #retiring #older #give #time #to #rethink #workforce