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Aging Workforce: Problem? Or Solution?

Yes!

This entry was posted on Tuesday, January 15th, 2008 at 5:00 am and is filed under Aging Workforce. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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3 Responses to “Aging Workforce: Problem? Or Solution?”

  1. Melanie Holmes » Aging Workforce. Problem AND Solution. Says:
    January 16th, 2008 at 7:51 am

    [...] See yesterday’s cryptic post Problem OR Solution. [...]

  2. Melanie Holmes Says:
    January 16th, 2008 at 1:44 pm

    The population is aging while more and more of us are eligible for retirement. Some estimate that 43% of the civilian population will be eligible to retire within ten years or so. If that happens, companies may be in trouble as they watch knowledge and productivity walk out the door. So is the aging workforce a problem for businesses? Yes.

    Depending on how you read life expectancy charts, most of us can confidently expect to live at least 20 years after traditional retirement age. That means there are millions of us out there with good work ethic, relevant skills, valuable workplace knowledge — along with a strong desire to work. So can the aging workforce be a solution? Yes.

    What do you think?

  3. Tom Haynie Says:
    January 21st, 2008 at 10:49 am

    Eligible to retire and actually retiring are two widely separate events. How many remember getting that letter from AARP the year you turned 50? Those not yet entering your sixth decade have something to look forward to. Did you jump right on filling out the application and join? Unless a company has a mandatory retirement age the trend is for workers to stay on the job well beyond that age where the fishing pole or the crochet hooks are standard equipment for the “elderly.” Elderly? What does that mean? I’ve seen people at 55 who could hardly get around while some of their 70 year old colleagues are running marathons. The last time I ran a marathon the guy who finished in front of me was 90 years young. I’m not worried about the number of people becomng eligible for retirement. Even those who do ‘retire’ at 65,or 62 or whatever, will be looking for the kind of work we can provide within six months of wetting a line.

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