The workforce is evolving rapidly, driven by trends in employee preferences and a changing of the guard as baby boomers retire and millennials grow their careers. As of May 2015, Pew Research estimated that millennials, defined as people born between 1981 and 1997, now make up the largest generation in the workforce, already outnumbering baby boomers and generation Xers and still growing. Human resources professionals who do not oblige the demands of the modern workforce may struggle to maximize operational productivity, efficiency and optimization. Considering a reported talent gap facing the private and public sectors, poor human capital management may also lead to issues with staffing. In this white paper, we will discuss the current and future states of affairs in human capital management, and the ways in which companies can unlock the secrets of generational productivity.
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