Welcome to Aging Workforce Solutions! In this blog we will be discussing various issues that are impacting businesses in the USA and abroad. 10,000 Baby Boomers a day are turning 65; many are retiring. The impact of this exodus and how business are adapting to it will be the primary focus here. We will touch on issues regarding staffing, design and delivery of benefits, training and other relevant topics that will be relevant to our society's aging workforce.
An ancillary issue we will also be touching on is the college education market. This pertains to the future staffing needs of businesses small to large. College loan debt has never been at a higher level (57% of students in the fall of 2013 will be carrying some type of student loan debt. And the rate of delinquency has never been higher. Debates from local communities all the way up to the President's office weighing in on this subject, so stay tuned here as well. How well prepared college graduates to enter the job force will also be discussed.
Today's post is going to deal with the healthcare market, specifically the challenge that senior care oriented businesses are having with replenishing their pool of talent at the caregiver level. (See the New York Times, August 26th, 2013. In the "New Old Age" posting, the article "In Coming Decades, Fewer Caregivers" touch on the challenges senior care providers are having staffing as their long tenured care givers retire. Personal care being what it is-physically demanding and low paying-many employers see the demand far outstripping the supply in the coming years.
Is your business feeling that same squeeze on essential talent? Check in and let us know your thoughts.
I'll be checking in shortly with more current Aging Workforce subject matter. Stop back soon to check us out.