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Tag Archives: baby boomers

Where has all the knowledge gone?

By Ricki Sharpe | Published: November 15, 2007
Only one quarter of large organisations are making any effort to transfer knowledge from retiring baby boomers to other employees, according to a survey of 2,046 human resource executives by Novations Group, a global consulting and training firm based in Boston. Just four percent have created a formal process to pass on know-how, while 23 percent report doing so informally.
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Employee loyalty on the decrease

By Ricki Sharpe | Published: October 1, 2007

Employers are faced with a situation where the number of employees causing a negative drain on the organisation outweighs those who are working to positively support it. With more than a third of employees classified as high risk, there is growing concern as to how the negative attitudes of this group will affect organisations – and their ability to compete successfully – down the road.

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Fins adopt baby boomers

By Ricki Sharpe | Published: September 11, 2007
The combination of an aging workforce and a shrinking labour pool will affect countries around the world. In Japan, more than 26 percent of workers are already over 55. And Spain is set to become the world's greyest country by 2050, with half its population older than 55. In the U.S., some nineteen percent of workers will be 55-plus by 2012, up from 15.6 percent in 2005. With Forty percent of the Finnish population to reach retirement age in the next fifteen years, the Fins have launched a national age ability program.
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