A job bank is a collection of retired employees who are utilized when part-time or short-term job needs arise.
Rather than hire from a temporary agency, or a career placement service, many companies utilize a job bank to find individuals with specific knowledge who can fill in for a short period when an immediate or transitory position opens up. Hiring those who have already worked in the industry allows for a smoother transition into and out of a temporary job opening. Choosing retired experts to fill temporary voids is especially effective in industries that require specialized knowledge, such as insurance or engineering.
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