In this tight labor market, landing capable talent is one of your practice’s biggest challenges. To be successful, you must “think outside the box” and be proactive. Below are two evolving trends to give you the inside track on attracting new, high-quality hires.

Target “Early Retirees”

During the pandemic, nearly 5 million employees left the workforce. About 3.5 million of those were age 55 and older, who funded their “early retirement” through government payments received, a surging stock market that ballooned their 401(k) and personal investment balances, and skyrocketing home values.

The dramatic increase in inflation (currently above 8% annualized) and the recent drop in the stock market and related 401(k) and personal investment balances have spooked many of those newly in or nearing retirement, prompting an abrupt change in behavior. Many are looking for ways