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Reply to "Hiring and Attracting Younger Employees "
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[quote=Anonymous]Well at first company I was at Board and Regulator brought up succession planning based off average age of employees and our long term plans to train and mentor staff to take these roles If I have for example 100 people who are 60 and want to reduce that average age quickly we brought in around 11 new employees from intern program around 21 years old. It dropped average age to 52. Hiring people at 40 in a place with a lot of 60 year old's barely moves the needle. Plus they are expensive. And time is not on their side. And they are impatient. Meaning someone at 35-38 who has been passed up for promotions etc last 1-3 jobs who is still staff wants it now. They are not hanging around 5-8 years waiting for the job to open. And by time job opens they will be old too quickly. Which is why interns and college hires has been the way big 4, nursing, law, as you have a good 10-15 years before they demand Partner or VP etc A 36 year old does not have that luxury of time [/quote]
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