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Retiring Baby Boomers To Affect Companies
Inc.:
Many businesses are not prepared for the loss of experienced workers that will occur over the next decade.
More than 25 percent of U.S. businesses have done little to plan for the effects of an aging workforce, according to a new national study.
Over the next decade, there will be a significant change in the demographics of America’s workforce as baby boomers continue to retire, leaving younger workers with less experience to fill their place — and leaving many businesses unprepared.
In a survey of 578 organizations of varying industries in the United States, only 33 percent of employers said that their business had analyzed workplace demographics and made projections about the retirement rates of their workers, according to the Boston College Center on Aging and Work.
Researchers found that employers would be effective at retaining retirement-age workers if they offered more flexible work options. When asked to what extent their organization had implemented flexible work options, 7.6 percent responded that they had “not at all,” while another 33.8 percent had only done so to a “limited extent.”
Photo by MSDesign.
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FranchiseBrief.com on April 27th, 2007 9:11 am
Is that good news?? I mean, this could create many jobs for younger people like me!
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