In any type of business, having the right people working for you can make a big difference, not only on the bottomline, but in the entire operation. A low turnover rate can have a positive effect on the people in your agency, which in turn, can mean a better work environment for everyone. Of course, it's also financially beneficial; while retaining current employees may seem expensive as salaries go up, it often costs more to find and train new employees.
Recruiting talented individuals is a top priority for everyone in the insurance industry. Almost 50 percent of personnel are over the age of 45, according to the Bureau of Labor Statistics, and a large percentage of the industry’s workforce is expected to retire within the next 20 years.
In a previous blog post, we talked about some unexpected sources of talent insurance agencies can leverage to find good employees. We had such a good response to this post, we thought we'd write about more places where agencies can find their top agents and office staff.