Skip to main content

U.S firms struggling as Baby Boomers ride off into the sunset

Oct 12 2006 by Nic Paton
Print This Article

Dealing with the impending retirement of the Baby Boomer generation and keeping workers in their mid-careers happy and engaged are the biggest challenges facing U.S employers, a new survey has suggested.

The study by Sirota Survey Intelligence found the top five challenges facing HR professionals were engagement of mid-careers employees, recruiting talented and experienced workers, training and mentoring once people had been hired, employees voluntarily leaving their jobs and the wave of baby-boomer retirements.

Of these, the baby-boomer and engagement issues were the two areas HR professionals felt least prepared to cope with.

Implementing flexible working and telecommuting programmes had now become pretty standard, the survey also found, with most HR professionals feeling most able and prepared to tackle these areas.

"While companies successfully and aggressively recruit high-talented employees, they continue to struggle with their retention," said Sirota president Douglas Klein.

"As labor markets tighten up in light of expected Baby Boomer retirements and other factors, companies need to aggressively identify the core and variable elements of the employment value proposition as these individuals move through the stages of the employment life cycle with their employers.

"Having an effective program to measure employee attitudes and take action on the finding is an important place to start," he said.

Latest book reviews

MORE BOOK REVIEWS

The Voice-Driven Leader

The Voice-Driven Leader

Steve Cockram and Jeremie Kubicek

How can managers and organisations create an environment in which every voice is genuinely heard, valued and deployed to maximum effect? This book offers some practical ways to meet this challenge.

Lead Like Julius Caesar

Lead Like Julius Caesar

Paul Vanderbroeck

What can Julius Caesar's imperfect story - his spectacular failures as well as his success - tell us about contemporary leadership challenges?

Work Happier: How to be Happy and Successful at Work

Work Happier: How to be Happy and Successful at Work

Mark Price

An expertly crafted guide that doesn't just theorise about workplace satisfaction but provides a clear roadmap to achieve it.