Baby Boomers are making a huge impact on employers as they start to leave their jobs.
Robert Half International, in a recent survey, asked 100 senior Canadian executives, “Which of the following trends do you think will most significantly alter the workforce in the next decade?” Baby Boomer retirements was the issue tagged by 60% of the executives as the most important. The second trend, Global business interactions, was way behind at 15%; outsourcing garnered 9%; and remote work arrangements came in at 8%.
Let’s hope that Boomers do not head over the cliff of retirement all at once. Max Messmer, CEO of Robert Half said:
“Businesses that accommodate valued staff members who are not ready for retirement but seek new work arrangements, such as flexible or part-time schedules, are best able to keep top performers. Consulting arrangements allow experienced individuals to remain challenged professionally while maintaining the flexibility to pursue outside interests.”
Read more of this article about retiring Boomers.
For another survey about the Baby Boomer talent shortage-to-be, see this article.
1 response so far ↓
1 Cathy Warren // Nov 5, 2008 at 6:53 am
It does appear that the Boomer exodus will affect the workforce, however, Boomers are not retiring completely, they are becoming entrepreneurs and continuing in the work force on their own terms. Experience and knowledge are on their side, this is the time in their lives to do what they enjoy doing. Remaining productive in these years is gratifying and rewarding.
I have been visiting this blog and decided that I can continue to learn a lot, and contribute to the dialog. But first, I want to be up front about my intentions. I am associated as a technical liaison with a new web site called the http://www.Over60Exchange.com. This web site is being expanded to include “Baby Boomers, Seniors, and those who follow.” Perhaps we can work together on a number of vitally important projects.
The USA is now locked in the grip of an economic upheaval that promises to change the way we do business and live our lives. We recognize that many individuals who reach the age of 60 are not physically, mentally, or financially prepared to enjoy the so-called “Golden Years.” In order to meet the challenges facing us in these days of great uncertainty, we must take a critical look at how problems are approached and solved. Traditional methods just won’t cut it anymore. The time is NOW to literally re-invent the way we think and solve problems related to the ways we work and live. We call it “personal re-invention.”
The Over60Exchange.com team is developing a program to help Boomers and Seniors create and implement Personal Re-Invention programs. The first step was to create Personal Re-Invention Guidelines. The next step will be to offer participation in Personal Re-Invention Programs. Those willing to engage in critical assessment and change of current mind-sets will be invited to participate in online forums focused on “personal re-invention.” Personal identity need not be revealed.
I invite you to check us out at http://www.Over60Exchange.com. And remember, we are evolving this web site. When we are ready, you can participate in “Personal Re-Invention.”
I look forward to your comments and suggestions.
Cathy Warren
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