American Firms Want to Keep Older Workers a Bit Longer
&gt; With 10,000 baby boomers turning 65 each day, businesses are scrambling to find ways to slow an exodus of the most experienced employees and ensure that they pass along their knowledge before they leave.<p>Knowledge transfer should be baked into the day-to-day culture of work, not something desperately scrambled for during someone&#x27;s last week. Those few companies with meaningful training and mentoring programs know this.<p>&gt; The plant [...] has an apprentice program for millennials, but there’s a shortage of Generation X workers. “We’ve got a big gap in the middle, so we have to keep talented people in their 60s a little longer,”<p>Here we go again with the &quot;shortage of workers&quot;. In one article it&#x27;s tech workers. Here it&#x27;s GenX workers. A &quot;shortage&quot; of a good is pretty meaningless if you don&#x27;t mention the price you&#x27;re offering to pay for that good. Unless they&#x27;re saying they literally can&#x27;t find qualified GenX workers at any price--That would be a real shortage. Otherwise, maybe you need to just offer a little more money to find skilled mid-career workers nowadays.<p>With so many people under-employed or out of work, it borders on insulting to claim there&#x27;s a shortage of workers.