Retaining and developing Gen X professionals are vital steps to ensuring the industry’s success, so insurers must offer competitive compensation programs and development opportunities geared toward Gen X employees. By doing so, organizations can sustain their executive talent pipelines to position themselves for a bright future.
For the past several years, insurance industry thought leaders have publicly promoted and emphasized the importance of attracting Millennials and Gen Zers to the insurance industry. Citing the looming talent crisis and young professionals’ lack of interest in insurance careers, the industry collaborated across organizations and gave birth to numerous publicity campaigns. But has our ... Reengaging Gen X: The Forgotten Talent
Published on GLT There are two reasons for the highly competitive recruiting climate in today’s insurance industry: low unemployment and an increasing number of retirements. To avoid losing quality candidates to competitors, companies should be ready to hire quickly and pay more.
This issue’s feature article explores the importance of retaining and developing Gen X professionals for future success. We suggest insurers offer competitive compensation programs and provide extensive development opportunities specifically geared toward Gen X employees. By doing so, organizations can sustain their executive talent pipelines and position themselves for a bright future.
CHICAGO – The 2019 first quarter iteration of the Semi-Annual U.S. Insurance Labor Outlook Study will begin January 9 and close January 30, 2019. The survey is conducted by The Jacobson Group and Aon (NYSE: AON). In its eleventh year, the labor outlook study continues to provide valuable insights on insurance labor trends and has become an accurate predictor ... Jacobson and Aon Announce Semi-Annual U.S. Insurance Labor Outlook Study
The Jacobson Group and Ward Group conducted a study to investigate hiring trends within the insurance industry. The following presents the findings of an Insurance Labor Market survey conducted in the first quarter of 2019…
The insurance industry stands amid a rapidly evolving talent market. Insurers are now face-to-face with the rise of innovation, emphasis on corporate culture, push for inclusivity and growing temporary workforce. Is your organization prepared? Here are top the nine insurance industry trends we expect to see in 2019: Insurers Revisit Recruiting and Hiring Practices Amidst ... Insights into the Insurance Talent Marketplace: Trends for 2019
Written by Joanne Turner, Assistant Vice President, and Blake Grimm, Client Development Manager The future of healthcare is upon us and it’s offering a chance for payers to lead the industry through innovation and expansion. Global healthcare spending is projected to reach $8.7 trillion by 2020. Organizations are continuously finding smarter and more innovative ways to deliver ... Holistic Talent Strategies for the Future of Health Insurance
Picture this: young job seekers spent their mornings flipping through local newspapers, combing its pages for new listings and eagerly scanning the copy for responsibilities and requirements to which they were a match. When intrigued, they would package their resumes neatly with a cover letter and drop it in the mail and then ... Follow, Like and Share Your Way to Next-Gen Talent
This issue’s feature article explores building a purposeful culture that engages employees and positions organizations for future success. We caution that flexible work environments are just a quick fix and discusses other ways to build supportive, desirable and intentional workplaces needed to succeed in the future.
It is no secret that the insurance industry is suffering a severe talent gap created by the aging workforce. In fact, it is projected that the industry will need to fill nearly 400,000 positions in the next couple of years, but there are simply not enough employees and candidates to take these roles. According to the ... Where Have All The Executives Gone?
Today’s insurance industry is a passive candidate-driven market. As increasing retirement rates and the widening skills gap force organizations to continuously hire, workers feel empowered to switch jobs for a raise in pay. In fact, 2.7 percent of people in the private sector voluntarily left their jobs this May, the highest level since 2001, according to the Bureau ... Salary Strategies to Combat the Job-Hopping Craze