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0:32

Malena Halverson-Mays

14:51 - 15:23

“23% of, of your folks, they are age 55 and over, which means in the course of the next decade they're going to decide to retire and go do something else with the rest of their life.”
Speaker
Malena Halverson-Mays
Community
Alaska News
Location
Kodiak
Captured at
November 4, 2026

From the transcript

But the, this is important for, for for— I'll get to, I'll get to why this is really important in the next slide. So when you look at the demographic profile of your employees, 23% of, of your folks, they are age 55 and over, which means in the course of the next decade they're going to decide to retire and go do something else with the rest of their life. What that means then is that you've got about 1 in 4 of those employees that you have here today are probably not going to be here and you're going to want to or need to backfill those positions. You're going to need to make sure that you have competitive compensation in order to be able to do that. I do have a little bit of worry about your turnover rates.

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