Guest post by Sarah Sladek
About 40 years ago, shortly after the Baby Boomers (1946-1964) were born, demographers and industry leaders realized that someday this generation of 78 million Americans would retire and the nation would experience a shortage of experienced and knowledgeable talent.
Alas, the time has come.
We’re on the brink of the largest shift in human capital in history and we’re still not prepared. The U.S. Bureau of Labor Statistics predicts Generation Y (1982-1995) will become the majority of the workforce in 2015. It’s high time to start preparing for and developing the next generation of talent.
With almost every company out there expecting to lose a significant portion of their employee base through retirements, competition among employers is likely to heat up, making the recruitment and retention of talented workers considerably more difficult.
Want to win the war for talent? Here’s what your company needs to do to engage the next generation now. Continue reading