Avoiding the Boomer Drain Ann-Marie Flannery AARP Florida - NARC

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Boomer Drain: Cause for Concern?Boomer Retirements and skills gapsBaby Boomers: 77 million in workforce will beginretiring in unprecedented numbers soonUS Labor Dept: US employers will need 30million new college-educated workers by 2020Fewer than 23 million people will graduate fromUS colleges in the next 10 yearsMetLife/Civic Ventures: US may have 4 millionmore jobs than workers to fill them by 2018New Workforce Entrants: Smaller numbersthan exiting baby boomers and many lack skillsemployers require©SHRM 20124
Boomer Drain: Cause for Concern?Boomer Retirements and Knowledge LossMost boomers have been with their organizations forextended periods of timeWhen boomers retire, they take with them theirinstitutional knowledge and skillsRebuilding this knowledge and skills base can betime-consuming and costlyOnly a minority of companies have programs inplace to transfer boomers’ knowledge and skillsbefore they retire©SHRM 20125
Page 1 and 2: ©SHRM 2012Avoiding the Boomer Drai
Page 3: Boomer Drain: Cause for Concern?Cha
Page 7: Boomer Drain: Some Good NewsOlder W
Page 10 and 11: Are HR and Organizations Preparing?
Page 12 and 13: What Needs to be Done?Make the Busi
Page 14 and 15: What Needs to be Done?Older Worker
Page 16 and 17: AARP Best Employers for Workers ove
Page 18 and 19: AARP-SHRM Workforce Assessment Tool
Page 20 and 21: “We believe in equal opportunity

Avoiding the Boomer Drain Ann-Marie Flannery AARP Florida - NARC

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