Strategies to address the aging workforce challenge

June 2008
Employee Benefit News;Jun2008, Vol. 22 Issue 8, p28
The article discusses strategies focused on handling the aging workforce of a company. In order for a company to manage an aging workforce, it needs a workforce planning methodology and a way to transfer and retain knowledge. It is significant to know which positions will employees retire from. Concepts needed to take into consideration when developing a workforce plan include turnover, retirement and planned hiring statistics.


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