We've been warning of the impact of boomer retirements. Now that their impact is being felt, employers are developing a new approach -- getting them to stay.

The Wall Street Journal reports that companies should take the following steps to keep older workers:

+ Offer flexible schedules (with commensurate flexible pay)
+ Provide training opportunities
+ Feature older people in recruiting material
+ Offer competitive health-care benefits
+ Train supervisors to manage workers of all ages

Expect to hear more about this issue as boomers continue to age and threaten retirement.

Chuck D'Aprix, January 22, 2008

Boomers are leaving corporate America in droves, which is creating major "innovation holes" in the workplace. On the upside, many of these workers are opening businesses in inner cities, urban neighborhoods and downtowns across the country. This "boomer creativity" is driving entrepreneurship and as a result revitalizing urban environments nationally. There are years of pent up creativity in the WOODSTOCK GENERATION and someof it will be put to use in urban entrepreneurial ventures.

Link: http://economicvisions.com

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