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What's a Succession Plan for an Aging Workforce?

January 7, 2014
Related Topics: Employee Communication, Generations, Employee Engagement, Ethics, Strategic Planning, Workforce Planning, Succession Planning, Dear Workforce

The average age of our workforce is 48 years. We'd like to develop a strategy to prepare for the aging of our workforce, but what's really the most effective thing we should do? Who should be involved or giving input? We know we need to do something, but we aren't sure what's going to be effective. And we don't think we can “hire” our way out of it.
—Not Getting Any Younger, manager human resources, financial services, Amsterdam, New York

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