The Real Talent Debate: Will Boomers Deplete the Work Force?
Source: Corporate Voices

28 Pages
Background
In October of 2006 WorldatWork, Corporate Voices for Working Families, and Buck Consultants conducted an Internet-based survey to evaluate the impact of an aging workforce on the American marketplace. Four hundred eighty-seven organizations contributed to the survey database, representing a broad cross-section of the domestic business landscape. Approximately 64 percent of the responses came from companies having 1,000 employees or more, with 20 percent of the companies surveyed reporting at least 20,000 employees.
The primary objective of this survey was to assess the overall degree to which respondents considered the pending retirement of "baby boomer" employees, and reduced employee availability in succeeding generations, to be a significant issue. This Executive Summary presents our key findings and highlights some innovative strategies and programs that respondents are using to thwart potential talent shortages.