Human Resource Management – An Aging Workforce
An Aging Workforce
The fastest growing age segment of the labor force will be workers aged 45+ as the baby boom generation continues to age. Human Resource professionals will therefore spend much of their time on concerns related to retirement planning, retaining older workers & motivating workers whose careers have plateau. Organizations will struggle with ways to control the rising costs of health related & other benefits. At the same time, firms will have to find ways to attract, retains & prepare the newest entrants to the labor force & effectively deal with the increasing generational diversity of the workforce.