2021 IIABL September Louisiana Agent Newsletter

Page 32

By all accounts, the pandemic-related workfrom-home business model is here to stay, at least for the time being. For the most part, many companies were able to transition quickly, albeit not without some significant challenges. Yet now another significant challenge is looming: how to hire employees you may not meet in person, either during the course of the pandemic or for the duration of their employment with your company. For the insurance industry, that challenge is multiplied by a shortage of viable candidates. Veteran

insurance professionals are retiring at an alarming rate. The Bureau of Labor Statistics estimated that between 2016 and 2020, 400,000 insurance professionals will head off to retirement. The situation is made more dire by the fact that millennials are showing little interest in insurance industry careers. According The Millennial Survey conducted by The Hartford, a mere 4% of millennials would consider an insurance industry career. Yet the very pandemic that has challenged insurers to adopt remote work

YOUR REMOTE HIRING PLAN In-house hiring practices don't often translate to hiring employees that will work remotely. What modifications do you need to make to your hiring process? By Sharon Emek, Ph.D., CIC


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
2021 IIABL September Louisiana Agent Newsletter by Independent Insurance Agents & Brokers of Louisiana - Issuu