So who is riding the pines and prepared to play, coach!?
We are entering a new era of hiring, where we will experience unprecedented numbers of retirements in the next few years. The baby boomers are beginning to retire and the number of key executive roles open for their successors will soar.
The time to plan, prepare and identify the top talent to keep the generation of leadership strong is now! The caveat to this scenario is…the demand of such talent will far exceed the supply of quality candidates available. With more retirements and with fewer employees available to take their reigns, there will be significant competition to attract, hire and retain the best employees for your organization.
“The Bureau of Labor Statistics projects accountant and auditor employment growth of 22 percent between 2008 and 2018, adding 279,400 more positions to the 1.29 million already-existing jobs. The accounting profession is often tied to the growth of the economy. More business creation means more clients. Despite the recession, the Bureau of Labor Statistics expects the number of accountants to grow faster than the national average for job growth.”
1. Plan and act now! Focus on attraction and retention and the leadership necessary to make these elements priorities.
2. Build your bench strength! Evaluate your current team and their strengths for long-term contributions.
3. Make a decision already! Long, drawn out hiring processes will hinder a company’s ability to hire the right candidate.
4. Partner with a recruiting expert! Network and build relationships with us in order to develop the market base of passive talents.
For assistance or additional information, please call The Richmond Group USA.
Krissy Colley Whitaker
Director of Accounting & Finance Division