An Unexpected Talent Pool

With a tight labor market, sourcers are tapping into the retirement talent pool
man at computer

During our fall CXR Leadership Meeting, we welcomed Andrew Flowers of Recruitonomics for a presentation on economic trends and their impact on the recruiting industry. One of the trends worth noting – and one that we’ve all observed – was the surge of retirements during the early stages of the pandemic. This sharp rise was likely a combination of planned retirements, health concerns, and pressure from employers to retire early.

Fast forward to 2022, and a tight labor market, sourcers and recruiters have begun looking toward a talent pool we’ve previously neglected: Retirees. An article from The Washington Post highlights new data showing that retirees are returning to the workforce, helping to meet the unyielding demand for labor.

Sourcing for retirees presents unique challenges and a call for different recruitment strategies. “More employers are specifically recruiting retirees by posting jobs at senior centers and churches, as well as websites such as Retirementjobs.com and Workforce50.com aimed at older Americans.”

Why retirees are returning to the workforce is important to consider. While COVID still looms, vaccines and treatments have made returning to the workforce more feasible for older employees. Employers offering higher pay, greater flexibility, and hybrid/remote options have also helped lure retirees into the workforce.

Be sure to check out the full source article and Andrew Flowers’ presentation.

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Chris Hoyt

Chris Hoyt

A veteran of recruiting and HR, Hoyt is a sought-after speaker with presentations including national conferences with SHRM, LinkedIn, HR Technology, ERE and others in the USA as well as UNLEASH, iRecruit, Australasian Talent Conference and more abroad. Chris has been promoting and leading full scale and enterprise-wide integrations of social media and mobile marketing within workforce strategies for his entire career. His expertise and passion for interactive/social recruiting, candidate experience, and both national and international recruiting strategies are all areas that Hoyt now leverages as co-owner and President at CareerXroads, a Recruiting/Staffing consulting and think tank organization that works with corporate leaders from around the world to break out of traditional recruitment practices and push the envelope in an effort to win the ongoing war for top talent.

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