Talent Gap: Getting Back To Basics

Across the country, the Great Resignation has seen professionals leaving their jobs and moving on for several reasons, including the COVID-19 pandemic, unsatisfactory or uninspiring working conditions, limited opportunities for growth and more.

Just this March, a record 4.5 million people quit their jobs, leaving businesses with significant deficiencies in their workforces.

As we all know, concern as to how to attract the next crop of professionals is nothing new for the insurance industry.

According to Insurance News Net, a quarter of the insurance industry is currently over the age of 55.

We’ve faced a talent issue for several years and grappled with the best ways to tackle the challenge. Now, as the industry faces the looming threat of mass retirements from industry professionals and a challenging labor market to break into, it’s time to get down to brass tacks.