Wednesday, May 10, 2006

Survey: Firms Ready to Respond to Challenge of Aging Workforce

According to the latest Leadership Pulse™ survey from Dr. Theresa M. Welbourne of eePulse, Inc. and the Ross School of Business, University of Michigan, usinesses are ready to respond to the 17% of the U.S. workforce that will be 55 and older by 2010. The study was designed to understand the current effects of the aging workforce (AWF) and readiness to address future AWF issues.

Specifically, of the 369 general managers to C-level executives surveyed, 62% are ready to retain older workers, 49% are ready to recruit older workers, 43% agree that the AWF currently affects their organization’s culture, 42% agree that the AWF currently affects the quality of talent in their organization, and 41% agree that the AWF currently affects their ability to compete in their particular industry.

A powerpoint presentation of preliminary results is also available.

Source: News Release ClickPress (May 8, 2006)

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