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According to the 2003 SHRM Older Workers Survey, organizations are preparing for the possibility of a shortage of workers due to the retiring baby boom generation by: increased training (36%), succession plans/replacement charts (29%), flexible scheduling (21%), created bridge employment (20%), capture institutional memory/organizational knowledge (18%), increased recruiting (16%), phased/gradual retirement (10%), and doing nothing (32%). (p.9, Chart 13).
Society for Human Resource Management. (2003, December). 2003 Eldercare Survey. Alexandria, VA: Burke, E.M.
"Invitations went out to 2,500 SHRM members with 357 invitations returned. The survey received a 20% response rate, with 428 HR professionals completing it. The following report analyzes the results of the survey. It contains numerous tables and charts that capture the participants' responses...The results are first analyzed by overall resonses and then by industry, size, and sector."
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140 Commonwealth Avenue - McGuinn, 6th Floor - Chestnut Hill, MA 02467
Email: age.work@bc.edu - Phone: 617.552.9195 - Fax: 617.552.9202
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