TITLE

The Graying Workforce

AUTHOR(S)
Campbell, Becky; Robertson, R. W.
PUB. DATE
December 2010
SOURCE
Leadership & Organizational Management Journal;2010, Vol. 2010 Issue 4, p9
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The graying workforce or baby boomers are impacting organizations in the United States and countries around the world. Baby boomers are post World War II workers born between 1946 through 1964, which make up 76 million people of the world's population. The graying affect is now part of an organization's climate because many older workers will be retiring within the next twenty years and with those retirees also goes their expertise. The older worker now faces a decrease in wages, pensions, retirement, healthcare, and increased discrimination. Most companies currently are not working actively to adapt to these changes. A few American companies and a few foreign countries are working toward finding solutions for their older workforce and training skills for their younger workforce, but there is still a long way to go. The need for implementation to a more non-traditional workplace is rapidly facing every organization. Federal agencies, pension and retirement programs, healthcare, and society must all collaborate with organizations to make the graying workforce transition to the "retirement years" successful.
ACCESSION #
57844888

 

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