Tag: Baby Boomers

Boomers Mean Business

By Marcia Akers Baby Boomers are now entering their retirement years while some members of “The Greatest Generation” remain in the workforce. Gen Xers and Yers are looking for advancement and rewarding entry-level positions. This first-ever phenomenon of having four generations in the workplace at the same time is creating challenges for employers, including how […]

SHRM 2011: Understanding Generation Y

As I noted in an earlier post, I skipped out early from a session at SHRM’s 63rd annual conference that was just an overview of global trends, but the speaker did say something in passing that served me well in the next session I jetted off to: This is the first time in history that […]

Boomers (and Their Employers) Face Work/Life Challenges

Modern medicine continues to increase life spans in the United States. Just as an example, the death rate for heart disease has dropped 60 percent in the last 50 years. The death rate for stroke has dropped even more, by 70 percent. And deaths from cancer have decreased 10 percent just in the last 15 […]

Addressing the Needs of an Aging Workforce

by Isabella Lee After falling for more than a century, the retirement age of American workers is on an upward trend. According to a recent survey, 43 percent of Americans believe they will have to work during their retirement. Many baby boomers plan on staying in the workforce past retirement for a variety of reasons: […]

Telecommuting Might Be the Answer for Workers Who Change Their Retirement Plans

by Mark Schickman Look around your workplace, and you will see baby boomers who are rethinking their retirement plans. They have had their anniversary date in 2010 circled on their calendars for a decade, they have bought their retirement condo, and they have calculated the rate of investment return that allows their retirement fund to […]

HOT LIST: BusinessWeek’s Paperback Bestseller List

BusinessWeek ranks paperback business books that are the most recent bestsellers and provides a short summary. 1. Blink: The Power of Thinking Without Thinking. Author Malcolm Gladwell says snap judgments deserve careful consideration. 2. The World Is Flat 3.0: A Brief History of the Twenty-first Century. Author Thomas L. Friedman says globalization is great — […]

Data Points: The Boomers @ 62

• The majority of Baby Boomers who turn 62 in 2008 plan to retire by age 65. • The majority of Baby Boomers who are turning 62 this year have been married only once and have 2.4 children; however, only one in five say their children are living at home with them. • Only 2% […]

Effects of Baby Boomers Leaving the Workplace

While demographics may not be destiny, current trends point to a significant worker shortage in the next decade. This article discusses some of the possible results of these trends and potential employer responses. Learn more about the multigenerational workplace with Diversity Insight Where have all the workers gone? The generation of the Beatles, bell-bottoms, and, […]

Age Bias: Cases on the Rise; Ways to Limit Liability and Reap the Benefits of a Seasoned Workforce

The American workforce is getting older, and age-bias complaints are prevalent. In 2003, the Equal Employment Opportunity Commission received 19,124 age-discrimination claims and recovered $48.9 million in damages for age-bias victims. And big cases regularly hit the headlines. In July 2004, for example, Google, the California-based Internet search engine company, was sued for age bias […]