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Underscoring the duality inherent in all things, the flip side of the disastrous economic downturn of 2009 has yielded an unexpected bonus: delayed retirements. Financial woes unseen since the Great Depression halted Baby Boomers from exiting the workforce in massive numbers, giving employers the gift of additional time to further develop programs to entice new talent, to advance women and minorities, to bring recruitment and retention plans to fruition, and to capture years of institutional knowledge from experienced workers while they are still a part of the workforce.
Underscoring the duality inherent in all things, the flip side of the disastrous economic downturn of 2009 has yielded an unexpected bonus: delayed retirements. Financial woes unseen since the Great Depression halted Baby Boomers from exiting the workforce in massive numbers, giving employers the gift of additional time to further develop programs to entice new talent, to advance women and minorities, to bring recruitment and retention plans to fruition, and to capture years of institutional knowledge from experienced workers while they are still a part of the workforce.
Solutions to Workforce Woes
Lacey, Marcia (author)
2009-08-01
1 pages
Article (Journal)
Electronic Resource
English
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