Tag Workplace Hoteling

Many older people left their jobs during the pandemic, reversing the long-term trend of older workers delaying retirement. Now, with the pandemic over and the cost-of-living soaring, many of these over-50 workers and early retirees are choosing to return to work. This job market phenomenon has been dubbed “The Great Unretirement.”

The Great Unretirement is poised to become a major factor in the current and future job market.

In this blog, we’ll look at some of the reasons for the Great Unretirement. As well as how this return of veteran workers could benefit your business.

Reasons for the Great Unretirement

One of the main factors motivating older people to return to the workplace is financial. The current state of the economy, including the steady rise in the cost of living, is causing many retirees to dip into their savings to make ends meet. Guaranteed funds for their golden years are dwindling, and with no steady source of income to replenish those coffers, older people are finding it necessary to look for jobs with a steady income.

Other reasons for the Great Unretirement include a waning of pandemic-related health concerns, increased longevity, a higher retirement age, and underfunding of pension programs.

The Great Unretirement and the Skills Gap

Industries across the board are facing a serious talent shortage. This shortage is primarily due to a skills gap. Meaning that, while many workers are available, finding the right candidate to fulfill the role’s needs is difficult.

Many of the skills needed are soft skills that take time to develop. Older workers have not only had years to develop these skills but also practiced them actively in the workforce. Skills such as resilience, adaptability, flexibility, empathy, and diplomacy are highly valued soft skills that older workers will bring to your company.

While many younger workers have the credentials and education to secure a job. What they lack is the practical experience or the nurtured instincts that a veteran worker would have.

Conclusion

The Great Unretirement will bring many skilled, talented workers back into play. As older people return to the workforce, whether in a temporary, part-time, or full-time capacity. Companies need to be ready to take advantage of the highly skilled, valuable workers. And welcome them into the workforce once more.

If your team is missing key members, let our team find your missing piece! Contact ABBTECH today!

With workplace hoteling, companies remove assigned seats from their workplaces and let employees reserve workspaces as needed. This gives employees the flexibility and space they need to perform at peak levels. There are many reasons to take advantage of workplace hoteling. Read on to uncover everything you need to know:

1. You Can Make the Most of Your Office Space.

Workplace hoteling helps you avoid “empty” space. It ensures workers can reserve space at any time. Meanwhile, you can set up designated workspaces for your employees. And you can use your remaining office space however you choose.

2. You Can Reduce Your Overhead Costs.

Workplace hoteling will allow your business to minimize operating costs. Since certain workspaces will only be used as needed, you can avoid the costs of managing and maintaining these spaces. This ensures you can lower your electricity costs and other expenses. And you can save money without damaging your company’s day-to-day productivity.

3. Promote Networking Like Never Before

Thanks to workplace hoteling, you can encourage workers from different departments to communicate and collaborate with one another. Employees can reserve workspaces and work next to one another. In these instances, workers will be in close proximity to each other. This can create opportunities for workers to build positive relationships.

How to Get Started

Here are things you can do to make workplace hoteling a key part of your operations.

1. Get Feedback from Your Workers

Engage with your workers and get their feedback on workplace hoteling. You can use surveys and questionnaires to learn from your workforce. This enables you to find out how your employees feel about hoteling at work. And you can take steps to optimize their overall experience.

2. Evaluate Your Workplace

Examine the size and layout of your workplace. If necessary, reconfigure. You can also add desks and other furniture and items to help improve your work environment.

3. Track Your Results

Explore your business productivity and efficiency as you get started. Continue to collect employee feedback on your hoteling efforts. Keep an eye out for improvement areas, too. That way, you can get the most value out of workplace hoteling now and in the future.

The Bottom Line on Workplace Hoteling

Workplace hoteling is one of many factors that can distinguish your company from its rivals. It may even help you land top talent in a competitive job market.

If you’re on the lookout for quality job candidates, partner with ABBTECH. Our professional recruiters can help you engage with talent across your industry. We can also offer tips and recommendations to ensure you can achieve your talent recruitment goals. Our team is happy to help you connect with superior job candidates. For more information about our staffing services, please contact us today.