Executives: Baby Boomer Retirements Most Significant Workforce Trend in Next 10

MENLO PARK, CA — There are likely to be a number of issues shaping the
future of the workforce, but for today’s companies, one stands out above the
rest: Nearly one out of every two senior executives (47
) surveyed said baby boomer retirements will have the greatest
impact on the workforce over the next decade.

The survey was developed by Robert Half International, the world’s first and
largest staffing services firm specializing in accounting and finance. It was
conducted by an independent research firm and includes responses from 150 senior
executives with the nation’s 1,000 largest companies.

Executives were asked, “Which of the following trends do you think
will most significantly alter the workforce in the next decade?
” Their

Baby boomer retirements 47%
Global business interactions 31%
Outsourcing 11%
Remote work arrangements 5%
Other 5%
Don’t know 1%

“The looming retirement of baby boomers has captured the attention of
business leaders who are concerned about retaining the expertise of their most
tenured employees,” said Max Messmer, chairman and CEO of Robert Half
International and author of Human Resources Kit For Dummies®,
2nd Edition (John Wiley & Sons, Inc.). “Fortunately, many baby boomers are
considering working past the traditional retirement age to stay active and
continue earning.”

Messmer added, “Businesses that accommodate valued staff members who are not
ready for retirement but seek new work arrangements, such as flexible or
part-time schedules, are best able to keep top performers. Consulting
arrangements allow experienced individuals to remain challenged professionally
while maintaining the flexibility to pursue outside interests.”

Robert Half International has more than 350 staffing locations in North
America, South America,Europe and the Asia-Pacific region, and offers online job
search services at

Leave a Reply

Your email address will not be published. Required fields are marked *