We’re in the midst of a significant generational shift that is changing the face of work.
Baby boomers are retiring in droves, while millennials, those born from the early 1980s to the year 2000, have become the largest generation in the U.S. labor force. With the exodus of senior-level employees, organizations worry about “brain drain” and a “talent vacuum.” These concerns are supported by new research showing a talent shortage that has risen over the past five years, to its highest level since 2007. In fact, 40 percent of employers across the globe report hiring difficulties. Management and executive skills are among the hardest to find.Read More