Posts Tagged Boomers
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#Nextchat Recap: Creating Generational Engagement with Reverse Mentoring
"Every generation needs a new revolution.” – Thomas Jefferson On May 16 at 3 p.m. ET, We Know Next conducted a lively and insightful #NextChat discussion on "Creating Generational Engagement with Reverse Mentoring" with Next Official Blogger, Microsoft's Ross Smith and his reverse mentor Prem…
May 16, 2012 | in Workplace
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#NEXTCHAT: Creating Generational Engagement with Reverse Mentoring
“Each generation imagines itself to be more intelligent than the one that went before it, and wiser than the one that comes after it.” – George Orwell When your alarm goes off each morning, and you roll out of bed to schlep off to work, you…
May 9, 2012 | in Trends
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Reverse Mentoring as a Means of Cross-Generational/Cross-Life-Stage Engagement
Each generation imagines itself to be more intelligent than the one that went before it, and wiser than the one that comes after it. - George Orwell Mentee perspective – Ross I am 48 years old and started working on software before my mentor,…
May 7, 2012 | in Trends
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Cross Generational Engagement (Part 5)
Note: This series is based on the paper My Generation. Generational and life-stage issues affect us both consciously and subconsciously every single day. A survey by Lee and Hecht Harrison tells us that “70% of older employees are dismissive of younger workers’ abilities and nearly…
May 2, 2012 | in Workforce
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Employees’ Financial Concerns Escalate
Despite improvements in the U.S. economy, the hangover effect from the 2008-09 recession and slow economic growth continue to erode employees’ retirement confidence and overall financial wellness, according to the PricewaterhouseCoopers 2012 Financial Wellness Survey. Employees’ financial stress remains high: Overall, 61 percent of employees find dealing with their…
April 26, 2012
| in Trends
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Study Highlights Best Practices in Workplace Elder Care Programs
“We know caregiving is associated with loss of retention, reduced productivity and higher stress,” said Drew Holzapfel, director of global commercial development at Pfizer Inc. This impacts caregivers’ wages, Social Security and pension benefits over the course of their career at a time when they need to…
April 16, 2012
| in Trends
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5 ways you can help younger managers view older workers differently
There is an explosion happening all around us. We are getting grayer as a society - much grayer. As a result, organizations are faced with a diversity-related challenge. Younger managers, on a much broader level than ever before, are finding themselves in the position of…
April 13, 2012 | in Workforce
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SHRM – AARP Strategic Workforce Planning
SHRM and AARP jointly conducted this survey which asked HR professionals about their organization’s strategic workforce planning activities in preparation for the potential skill gaps that may occur as younger workers enter and older workers exit the workforce. Nearly three-quarters of HR professionals (72%) described their organization’s…
April 11, 2012
| in Trends
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Benefits for Older Workers
The joke at retirement parties at Stanley Consultants is "See you on Monday." About 60 percent of the Muscatine, Iowa, company's retirees do, in fact, head back into work—as special project leaders or contract workers, or in a part-time capacity. The engineering company, with 850 employees in the United…
March 27, 2012
| in Workforce
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We Know Next Weekly Recap, March 12th- March 16th
In case you missed it, here’s what happened on We Know Next this week. Most U.S. companies plan to increase the dollar value of the incentives they offer employees to participate in health improvement programs in 2012, according to an employer survey conducted by Fidelity Investments and…
March 16, 2012
| in Trends
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Labor Market, Baby Boomers Growing Old Together
It seems that more of us are thinking about retirement lately. And why not? Everyone enjoys dreaming of their eventual freedom from the working world: random trips to the beach, time to putter around the house and, ahhhhh, sleeping late! Okay, (nudge, nudge), time to wake up now. Our golden…
March 15, 2012
| in Workforce
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Workers Would Trade Pay for Greater Retirement Security
Increasing numbers of U.S. workers say they would be willing to trade some of their pay for more secure and generous retirement benefits, according to a survey by consultancy Towers Watson. The 2011 Towers Watson Retirement Attitudes Survey found that more than half (55 percent) of respondents were willing to pay…
March 6, 2012
| in Trends
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The Boomer Mindset: Work is Part of Retirement
For many demographers and social scientists, the long-awaited year has come and gone, almost. It was estimated that between Jan. 1 and Dec. 31, 2011, more than 7,000 people would turn 65 years old every single day. Those numbers are astounding. In AARP's 2010 survey of boomers turning 65 in 2011 finds this first wave of the…
December 22, 2011 | in Workforce
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Avoiding the Boomer Drain
Like most developed countries, the U.S. faces a major demographic challenge. This year, the oldest of nearly 80 million baby boomers turn 65. According to the Pew Research Center, about 10,000 Americans reach that milestone every day. Most organizations can’t afford to suddenly lose such a reservoir of work experience…
November 18, 2011 | in Workforce
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Four Generations of Workers in the 21st Century (Part 1)
Note: This series is based on the paper My Generation. Each generation imagines itself to be more intelligent than the one that went before it, and wiser than the one that comes after it. - George Orwell For perhaps the first time in recorded history,…
November 17, 2011 | in Workforce
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Health-Related Organizations Top AARP Best Employer List
Scripps Health, a major hospital and health care provider in Southern California, has been recognized as the top company in the 2011 AARP Best Employers for Workers Over 50 awards program, a decade-long effort to acknowledge progressive policies and practices that are meeting the needs of the country's aging workforce. AARP…
October 20, 2011
| in Trends
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Experts: Prepare Now for Aging Workforce
The workforce is aging around the world. Estimates indicate that by 2050, the number of people over the age of 60 will exceed the number of those in younger generations. Experts say companies should prepare now for this global shift. Yet what most U.S. companies don’t realize, experts say,…
October 7, 2011
| in Workforce
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Generation X Fails to Match Their Parents’ Living Standards
Men in cohort are 36% more likely than Boomers to be out-earned by their spousesDespite being the smallest U.S. generation (46 million), Generation X might be “the most critical generation of all” for employers, according to a study by the nonprofit Center for Work-Life Policy. Generation X…
September 28, 2011
| in Workforce
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Eldercare: The New Childcare?
The U.S. is getting older. Americans are living longer, and there are more seniors in the workforce. That means more care-giving responsibilities for everyone. SHRM’s research shows that members feel two key demographic trends are the growth in the number of workers with eldercare responsibilities, and…
September 27, 2011 | in Workforce
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Great Employers Depend on Great HR Teams
The Society for Human Resource Management (SHRM) is proud to congratulate the 50 winners of this year’s AARP Best Employers for Workers over 50 Award and the great HR teams behind them. We at SHRM, the world’s largest association devoted to human resource management, applaud the…
September 9, 2011 | in Workplace
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Workforce Mosaic Policy Summit Addresses Major Demographic Shifts
Huge demographic shifts in the workforce — from Baby Boomers staying in the labor market to Millennials unable to enter it — were at the forefront of today’s “Workforce Mosaic Policy Summit” at the Newseum in Washington, D.C. Other demographic trends including rapid growth in…
July 13, 2011 | in Workforce
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Baby Boomers Will Transform Aging, Work, and Retirement
Americans born between 1946 and 1955 will transform retirement by forgoing the tradition of a leisure-filled life. Instead, their financial obligations will encourage many of them to remain in the workforce, some indefinitely, according to a MetLife report, Early Boomers: How America’s Leading Edge Baby Boomers Will Transform Aging, Work …
May 19, 2011
| in Workforce
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Fewer Workers Age 60 and Up Postponing Retirement
As the U.S. economy recovers, some older workers are feeling more comfortable about retiring, although most still foresee working longer than they had anticipated before the stock market drop of 2008-09. According to a survey taken at the end of 2010 for recruitment firm CareerBuilder, 65 percent of workers age 60 and…
May 19, 2011
| in Workforce
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Ageism and the retention of high performers: SHRM Foundation Research
Workforce Policies and Practices to Promote Effective Engagement and Retention of the Aging American Workforce Funded: June 2007 Completed: July 2010 Lisa Hisae Nishii, Ph.D., ILR School, Cornell University Susanne M. Bruyère, Ph.D., Employment and Disability Institute, ILR…
May 9, 2011
| in Workforce
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SHRM: Flexibility Needed to Recruit, Retain Older Workers
Public policy needs to provide a framework that is flexible so employers are able to develop programs that address the needs of businesses and older employees, a member of the Society for Human Resource Management (SHRM) told the U.S. Equal Employment Opportunity Commission (EEOC). The commission heard testimony Nov. 17, 2010,…
May 9, 2011
| in Workforce
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AARP and SHRM Workforce Assessement Tool
The AARP and SHRM Workforce Assessment Tool is a free, confidential tool can help your organization assess your current and future workforce needs. The Workforce Assessment Tool is a resource for HR managers to: Assess how retiring workers will affect their organization Address skill shortage challenges due to staff attrition …
April 11, 2011
| in Workforce
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Poll: Organizations Can Do More to Prepare for Talent Shortage as Boomers Retire
Some organizations are looking at their current and future needs as the retirement of the Baby Boomer generation leads to a potential talent shortage. But more can be done to ensure that organizations have the talent they need to succeed, according to a "Strategic Workforce Planning Poll" that the Society…
April 8, 2011
| in Workforce
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Age-Related Determinants of Retirement Planning and Turnover: SHRM Foundation Research
Age-Related Determinants of Retirement Planning and Turnover Funded: November 2007 Completed: December 2010 Ruth Kanfer, Ph.D., School of Psychology, Georgia Institute of Technology Executive Summary Retirement and Post-Retirement Work Intentions during an Economic Downturn Workforce aging represents one of the greatest HR…
April 8, 2011
| in Workforce
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SHRM-AARP Strategic Workforce Planning Poll
Are organizations assessing workforce needs and skills gaps and the potential impact of older worker retirements? SHRM and AARP jointly conducted a poll asking HR professionals about their organization’s strategic workforce planning activities. Among organizations had conducted or planned to conduct a strategic workforce planning assessment to…
April 8, 2011
| in Workforce
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HR and the Aging Workforce: Two CEO Points of View
It’s been said that “in youth we learn; in age we understand.” Those words may be prophetic when it comes to understanding the seismic impact an aging U.S. workforce could have on our way of life. There’s cause for concern—and a…
November 16, 2010
| in Workforce
