Many companies have a large percentage of their workforce retiring or about to retire. Some of these employees have been with these organizations for many years and have built up a wealth of knowledge over time. Baby boomers have insight to what has been tried before and what worked and what didn’t. Will this information be passed on to the younger members of your workforce or will it be lost?
Business continuity challenges
The loss of this information can have an impact on your organization. When a seasoned employee retires without passing along their knowledge there can be a loss in productivity and a cost to an organization to train employees. How can an organization ensure that information is retained or passed down?
Cross train your team
Many organizations were forced to send their entire workforce home as a result of the pandemic. Cross training became more of a challenge in remote environments. However as companies are able to bring their workforce back to the office full time or in a hybrid model this allows for more opportunities to have employees cross train and maintain valuable knowledge.
Set up a mentoring program
Some baby boomers aren’t looking to retire completely but they are looking for a reduction in the number of hours they work per week. Consider retaining retiring employees on a part time basis and set up a mentoring program with your team. This option can create a win-win situation for both the remaining employees and the organization as a whole.
With over 85 years of combined experience in the agricultural industry, we provide specialized recruiting services for our clients. Our focus is to find the best candidate for our client employers and the perfect opportunity for career seekers. As a search firm, we have dedicated our resources to being an integral part of the continued growth and diversity of the Canadian agricultural economy. Our team is strategically placed throughout the Canadian labor market- understanding the needs of regional, national and international agribusiness employers. We have been connecting Canadian agriculture since 1996.