The next five years will see dramatic changes in the employment sector. January1, 2008 marked the date the first baby boomer became eligible to collect Social Security. As they begin to exit the job stage over the next several years, recruiters will have a harder time finding professional-level candidates to replace them. The challenge is a big one: There are more than 77 million baby boomers and only 49 million in the Gen X group to bridge the 11-year gap before Gen Y and it’s 74-million-strong work force can start to make an impact. Currently, the boomers range in age between 47-64, with Gen Xer’s age range between 30-47 and Gen Y ages 13-30.
Companies will be rethinking their recruiting strategies. Recruitment spending will increase with talent and retention taking center stage. It is my prediction that companies will be re branding themselves to offer a sense of their culture, who they are and the impact they intend to make. No longer are the phrases ‘the biggest’ , ‘we’re number one’, going to attract jobseekers the way it once did. Seekers are looking for a culture fit, and an employer that acknowledges who they are. The younger generation is looking for a passion fit and a place where they can make a difference in the world. I also believe that the untapped pool of women returning to the workplace will have an opportunity to work on their own terms with hours that fit their schedules. Corporate America is going to have to attract talent in ways they’ve never had to before.
At Denver based Teneotalent, we are positioning ourselves to find sales talent and create culture fits for long term success for both employers and job seekers. How about a commission structure and a work environment that makes you smile every day? TeneoTalent is revolutionizing the job placement industry with innovative technology that matches your sales strengths to an environment where you will thrive.
