If you're an employer you've likely already noticed a hard truth – the population is aging, and your experienced workforce is about to retire in large numbers.
"The role of youth in the labour market is going to expand in the near future. It is projected that between 2002 and 2007, almost 1 million new jobs will likely be created. About 70% of these jobs are expected to require some form of post-secondary education or training. The impending retirement of older workers will account for an additional million job openings over the next five years. Occupations requiring a higher level of education or training will account for two thirds of job opportunities arising from retirements alone."*
Having a strategy for identifying, hiring, training and retaining high-quality young workers in today's human resources climate just makes sense.
The youth demographic is, where employment is concerned, in a transitional phase – with most young people moving from student to full-time employee by the time they turn 25.
Develop a relationship and build loyalty with young workers by supporting them from the time they enter the workforce. You can support young workers by offering flexible work hours, summer job opportunities, and even scholarship incentives as they move through the final years of their schooling.
Canadian Youth - Who are they, and what do they want?
Employment Standards Information Sheet
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