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Employer Quotes

The quotes below are from employers in this industry: Engineering

They are talking about this topic: Workforce Trends & Challenges

 

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The quotes below are about this issue:
Many incumbents are reaching retirement age without a sufficient replacement workforce.

Employer Quote Region
"I'll comment because I think I bring a little bit different perspective. We're talking about industry here, and we mostly serve the public sector. So, everything that affected us, the effects that were in the economy in the private sector, we didn't see it for a year or two later. We're like, 'What's going on here?' Now, as the economy is picking up and private industry is picking up, we're still in the lag. We're still stuck with the low budgets of the public sector. And we saw a lot of early retirements. And a lot of people that retired—because of the lack of work and needing to reduce the workforce—were never replaced. So, now, as things are starting to pick up, we're going to need additional workers, probably in the next few years. And it's going to have to be a young workforce, or we'll bring some of the older people back. But the need and the gap are really going to be in the younger staff, and that's where we just haven't hired as many on that level as we intended to." Southwest
"We have about a third of our workforce that's within 10 years of retirement." Southwest