Impending Exodus of "Wisdom" Present Challenges for Employers
New Workplace Options White Paper Helps Organizations Measure and Manage the Impact of an Aging Workforce. Download the White Paper for free at
Raleigh, NC (PRWEB) December 15, 2004 -- Workplace Options, the leading
provider of work life programs to corporate America through partnerships with
employee assistance (EAP) companies, has released a White Paper that helps
organizations measure and manage the impact of their aging workforce.
The Aging Workforce: A Strategic Approach to Determining the Impact on
Your Organization” is available for free at www.WorkplaceOptions.com and helps employers:
1.
Accurately measure the impact of the aging workforce demographic shift on their
organization (e.g., staffing “gaps” that will occur as a result of retiring baby
boomers).
2. Implement succession planning strategies to offset the
retiring baby boomers.
3. Develop multi-generational strategies related
to the recruitment, retention and performance associated with an older
workforce.
In addition to helping employers respond to their retiring
Baby Boomers, the White Paper offers strategies to effectively manage the
growing number of older workers who will choose to remain in the workforce -
often forced to for financial reasons.
According to a recent AARP study,
approximately two-thirds of baby boomers plan to continue to work during their
"retirement" years. With better health care and increased life expectancy, we
can expect older workers to be more active and productive well beyond retirement
years.
This results in a twofold challenge for companies - how will
employers replace the knowledge and experience drain and, at the same time, what
new programs and services will be required to meet the needs of an older
workforce.
For example, older workers may require unique employee
benefits that are more targeted to elder care or medical support programs, or
training to help adapt to newer technologies. Management and diversity training
for younger workers who are managing older workers will also be needed to
address generational issues and potential workplace tension.
"Wisdom
workers who are at the end of their career, and are work centric individuals
will soon be replaced by a duel-centric generation, fewer in numbers, who
distribute their energies between both their work and their personal lives,"
says Mary Ellen Gornick, senior vice president of Workplace Options. "It is a
business imperative that companies understand how this demographic shift will
impact their organization and implement strategies to better manage the impact
of their aging workforce."
"The workforce shortage will challenge
companies and mature workers to rethink the traditional definition of work, and
reinvent what it means to retire," says Cali Williams Yost, president of
Work+Life, Inc. "Meeting this challenge will require flexibility in the way work
is done and a redefinition of success on the part of mature employees in order
to feel effective in their new role. The Workplace Options White Paper is an
excellent starting point for organizations to begin thinking about and
addressing these challenges."
To obtain a free
copy of the White Paper, please visit http://www.workplaceoptions.com/whitepapers.html or contact
Mary Ellen Gornick at 800 699 8011 x2121 or e-mail protected from spam bots.
About Workplace Options
Workplace Options is the largest provider of
work/life programs to corporate America, through partnerships with employee
assistance (EAP) companies. The company delivers a customized work/life product
to EAPs who in turn offer employers an integrated work/life EAP employee
benefit. Founded more than 20 years ago, Workplace Options delivers its services
exclusively through EAPs and other third-party organizations. The company is
recognized for its innovative web delivery capabilities, flexibility and
affordable pricing models.
This press release was distributed through
eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf
of the company listed above.
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Source : http://www.prweb.com/releases/2004/12/prweb189068.htm