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Boomers vs Youth on the Worplace – No crowding out but, tension at the individual level

In a series of recent client notes, consulting firm Mercer urges companies to recognize the tension between young and old at work, and to plan for baby boom workers to hang on to their jobs.Capture d’écran 2014-09-12 à 08.34.52

“For those who choose to retire, many are going to realize … they don’t have enough money to sustain themselves, and they’ll be back in the workforce,” Orlando Ashford, head of Mercer’s talent business, said in a recent note. “The implications for employers are quite fascinating. How are you going to help retirees re-enter a changing workforce? How are you going to manage people in their second or third career, while engaging people who are in their first career at the same time?”

Some researchers, including the Center for Retirement Research at Boston College, dispute the notion that baby boomers are creating employment bottlenecks and preventing masses of younger workers from advancing.

But at the level of an individual workplace, conflicts of all types are inevitable as employers try to manage overall staffing levels, reduce brain drain and attract young talent.

Chosen excerpts by Job Market Monitor. Read the whole story at  Bridging generation gap as boomers hang on to jobs – Chicago Tribune.

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