Seventy-seven percent of employers have not analyzed projected employee retirement rates, and 69% have not analyzed the demographics of their workforce, according to a report titled "The Pressures of Talent Management" released by the Sloan Center for Aging and Work at Boston College. Stephen Sweet, one of the co-authors of the report, notes that there are several causes behind this discrepancy. Sweet notes that much of the work structure seen today is based on the mid-20th century, whereas the workforce now has needs that are outside of their jobs, and retirement is not necessarily an all-or-nothing option for older workers. Sweet also notes that though employers are understandably concerned about the baby boomer exodus, the specific composition of age demographics for different industries varies considerably.
Getting to the Foundation of Talent Management Aparna Nancherla T + D; Feb 2010; 64, 2; Docstoc pg. 20 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
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