Wanted: Baby Boomers in the workplace
The aging Baby Boomer generation is key to the employment outlook in many countries over the next few years, as 60-somethings either retire or choose to work shorter hours. This is especially true in many Western European nations (Germany and Italy in particular), Japan and the USA.
These workers (now in their 50s and 60s) are likely to work part-time rather than full-time, and may be more project-driven. They will also probably cost slightly more (on a per hour basis) than they do now as full-time employees – but, of course, you only have to pay them for the hours you use them.
Companies will need to adapt their attraction and retention policies to pre-empt this coming trend, so that when retiring (or re-tyring) Boomers start to look around for employment opportunities, your company is top of mind and an “employer of choice”.
Read an interesting piece on this here and a Reuters report from staffing executives and recruitment research.
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