The Aging of the U.S. Workforce: Employer Challenges and Responses

Sponsored By Ernst & Young

Topics:

Compliance & Governance > ERISA/HIPAA

Employee Benefits & Human Capital > 401(k) , Compensation

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Abstract:

Corporate America clearly understands that it will face a workforce shortage as retirements increase and it is just beginning to understand the strategic challenges it will face as a result of those shortages. While more than half of the respondents to the survey – entitled “The Aging of the U.S. Workforce” – agreed that the aging workforce is an issue that must be dealt with because it will lead to a workforce shortage, and almost two-thirds said that retirements in their organization will lead to a “brain drain,” less than one-quarter of those surveyed said that the aging of their workforce is an issue that is strategically very important to them. One-third of the respondents said that this issue is important to their organization’s overall goals and strategy.

DETAILS

Sponsored by: Ernst & Young

Posted: January 02, 2008

Length: 34 pages

Format: PDF (147 kb)

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