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Directly Ahead: Projecting Tomorrow’s Labor Market
October 01, 2013
As you may know, Mercer refers to a company’s employee pool as their Internal Labor Market (ILM). Similar to the overall economy, talent in the ILM is constantly moving – new hires are brought in, promotions (and demotions) are handed out, employee experience is broadened through lateral moves and transfers, and talent is lost through resignations and retirements. Mercer’s ILM Map graphic visually depicts both the current state of the workforce and the movements into, within, and out of it over a specified historic period of time. (You can create a free ILM Map for your company at www.mercer.com\ilmtool)