"How an Aging Workforce Creates New Opportunities and Challenges for Companies"

"If your company needs to more clearly understand the current concerns and future challenges of an aging workforce Doctor Alexis will single-handedly deliver all the information you need! "

Claudia Patton
Southeast General Manager
Edelman PR Worldwide

 

By 2010, the number of 35-44 year olds, those normally expected to move into senior management ranks, will actually decline by 10 percent. Yet by 2010, the number of United States workers 45-54 will grow by 21 percent and the number of 55-64 year-olds will expand by 52 percent. The rapidly aging global workforce -- caused mainly by the number of retirement-eligible employees continuing to work; is both a challenge and a major opportunity for corporations. Faced with "business-busting" demographic shifts and skills shortages, some organizations have decided the smart move is to recruit and retain workers over 50. This new “older workforce” will make it necessary for companies to rethink their approach on everything from recruitment and training to benefits and innovative job responsibilities.  Some 64 million baby boomers (over 40 percent of the U.S. labor force) are eligible to retire in large numbers by the end of this decade.  Forward thinking industries are recruiting, retraining, and developing flexible work-time arrangements and/or phased retirement plans for these valuable workers.  This presentation clarifies how organizations can stay competitive by dealing with the future challenges of an aging workforce and managing significant knowledge loss.

 

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