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How do we plan for succession with an older workforce?

from Workforce

Your question is one many organizations are facing as the baby boomer generation begins a mass exodus from the workforce. According to a poll conducted by the Society for Human Resource Management, 40 percent of the workforce falls into the boomer category. As this generation continues to age and begins to retire, a large majority of organizations will face the challenge of succession planning. Here are a few key steps for succession planning. When you have one or more of the following in place, you should feel comfortable that you have the resources necessary to fill vacant positions when they occur, rather than scrambling at the last minute to fill open slots. more

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