Preparing for an Aging Workforce

Identifying opportunities to meet the challenges of a changing workforce

Feb 9, 2015
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ALEXANDRIA, Va. — The Society for Human Resource Management (SHRM) released today a research report comparing the results of its Aging Workforce Survey and the SHRM Foundation’s Aging Workforce Effective Practice Guidelines Report.

The result is a look at the potential gaps between current practice in preparing for an aging workforce and the effective practices recommended by HR academics and other experts.

The analysis, Preparing for an Aging Workforce: Gap Analysis Report, identified four potential shortcomings in the current practices of employers:

  • A short-term mindset on demographic changes and the impact of an aging workforce.
  • A lack of urgency in preparing for impending demographic shifts.
  • A lack of formal long-term demographic forecasting, planning and skills assessment.
  • An absence of older workers in diversity recruiting plans.

“Despite these gaps, there are clear signs that awareness is growing among HR professionals about the potentially dramatic impact that the aging workforce will have on their organizations and industries,” said Jennifer Schramm, manager of workforce trends at SHRM. “HR professionals can lead organizations as they work to meet the challenges of this historic demographic change.”

The report is part of a three-year national initiative by SHRM and the SHRM Foundation to highlight the opportunities and challenges of an aging workforce and identify effective practices for recruiting and employing mature workers. The initiative is funded by the Alfred P. Sloan Foundation.

Media: For more information or an interview, contact Kate Kennedy of SHRM Public Affairs at 703-535-6260 or Kate.Kennedy@shrm.org.

About the Society for Human Resource Management
Founded in 1948, the Society for Human Resource Management (SHRM) is the world’s largest HR membership organization devoted to human resource management. Representing more than 275,000 members in over 160 countries, the Society is the leading provider of resources to serve the needs of HR professionals and advance the professional practice of human resource management. SHRM has more than 575 affiliated chapters within the United States and subsidiary offices in China, India and United Arab Emirates. Visit us at shrm.org and follow us on Twitter @SHRMPress.

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