Strategies for an aging workforce

According to the SHRM Foundation, 35% of those in the US labor force will be 50 or older by 2022. Approximately 10,000 Baby Boomers turn 65 every day. What does this mean? We have an aging workforce. And this workforce has experience and knowledge businesses should be utilizing and exploring. The SHRM Foundation offers these aging workforce strategy goals: 1) keep your older workers as long as possible and keep them engaged; 2) If they are retiring, have them help pass their knowledge on to younger workers; 3) Take advantage of their skills after their retire through consulting or part-time employment; and 4) Recruit older talent. Just because potential recruits are of a “certain age” doesn’t mean they do not have the chops for the job! To learn more, check out the SHRM Foundation. 

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