Here are three strategies to help employers prepare for bringing in new workers as baby boomers retired.
The population of seniors is surging.
Currently 10,000 baby boomers retire every day, according to Investopedia. And that “Silver Tsunami” will impact employers, where a quarter of the workforce will be ages 55 and older during the next five years per the Bureau of Labor Statistics .
Those employees will eventually retire, leaving employers to deal with not only an exodus of labor, but in many cases an exodus of the expertise that has been developed through many years of service.
“To actually future-proof your business and your ability to either deliver, or develop or design solutions for your customers, you’ve got to be proactive,” said Jason Merszei, general manager of Honeywell Forge for Workers.
Here are some ways to help your company prepare.