People are being booted out of their jobs at 50

As us baby boomers start retiring the smaller workforce coming up behind us is not going to be able to sustain the production we need to keep our economy growing. Companies all over the world are going to have to come up with ways to keep us boomers working longer and to bring more people into the workforce. Business Week had a great article back in January called "Global Aging" (you probably need to register to read this but registration is free).Companies that work at loosing their older employees are just going to end up begging them to come back.This message has been edited by Asgara, 05-07-2005 02:26 PM

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Asgara
"Embrace the pain, spank your inner moppet, whatever....but get over it"select * from USERS where CLUE > 0http://asgarasworld.bravepages.com
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One of the issues in that link I put up earlier, was the decrease in the workforce as the boomers retire. The current birth rate isn't going to replace the boomers.~current production is being created/performed by 100 people now
~30 of them are going to be retiring
~20 new workers being added to the workforce¹This leaves us with a worker deficit of 10 people. Who is going to perform the jobs?Company's are going to have to start offering better perks to keep their workforce from retiring and to lure younger workers into their career fields.1. better medical coverage
2. better education benefits
3. flex time
4. work from home optionsThe government is going to have to offer better medical and education/training to not only keep older workers in the workforce but to prepare younger workers for the workforce.
 
 
 
 
 
1. numbers totally pulled out of my ass

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Asgara
"Embrace the pain, spank your inner moppet, whatever....but get over it"select * from USERS where CLUE > 0http://asgarasworld.bravepages.com
http://perditionsgate.bravepages.com

I know what you mean Percy, I'm just finishing up two years of trying to teach this old dog some new tricks. Right now, yes, Lam's post is being seen all too much. What I am thinking is going to have to start being seen in the next 5 to 10 years as the boomers start leaving the workforce in droves. Leaving on their own accord, not as part of "downsizing."Companies are going to have to offer retraining/education benefits to keep all their workers up on the latest technology.Am I being naive? Is it hopeful thinking?OH, and COBOL is alive and kicking around here, well alive at least. I live in the middle of paper and insurance country. Many of these large corporations haven't gotten around to getting rid of their mainframes and millions of lines of code yet.

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Asgara
"Embrace the pain, spank your inner moppet, whatever....but get over it"select * from USERS where CLUE > 0http://asgarasworld.bravepages.com
http://perditionsgate.bravepages.com