Two-thirds of employers in Canada do not have any strategy in place to recruit or retain workers aged 50 or over.
17% have a plan to recruit such workers
24% have a strategy to retain them
"Many employers are not considering the percentage of their workforce that is set to retire in the next five to 10 years and the potential loss of productivity and intellectual capital that will occur when those people leave their company,"
What mechanisms and programs must be put in place now to capture key competencies and critical work knowledge of employees who will be retiring?
Demographic trends show that you may be faced with large groups of both very young workers and very old workers. Will these two groups have different learning needs? Are you prepared to customize your current programs?
Source: Preparing for Baby Boomer Retirement June 2005 - James J. L’Allier, Ph.D. & Kenneth Kolosh