What percentage of your staff will become eligible to retire by 2005? If this percentage is significant—or worse yet, if you cannot answer the question—it’s time to take action.
Document Highlights
This paper has been prepared for CEOs and senior human resource professionals to raise their awareness of how the demographics of Canada’s population are changing.
While a widespread labour crisis may still be a few years away, ageing is already seriously affecting certain industry sectors. Organizations cannot control the ageing of society, but they can take steps now to ready themselves for the future.
- Recognize the issue
- Get to know your workforce
- Rethink retirement
- Invest in training
- Develop mechanisms to transfer knowledge
- Invest in technology
- Improve recruitment and retention practices
- Tap into traditionally underutilized pools of talent
- Get more involved in immigration matters
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