Boomer Retirements Rank Highest in Workplace Change Survey

January 17, 2008 (PLANSPONSOR.com) - A new survey of executives finds that the anticipated wave of baby boomer retirements is likely to have the greatest workplace impact over the next 10 years.

A news release from the Robert Half International accounting and finance staffing firm said the poll found 47% of respondents anticipate the biggest changes from boomer retirements, which many observers contend could leave some employers with critical staffing shortages.

Also cited as major upcoming trends were:

  • Global business interactions (31%),
  • Outsourcing (11%), and
  • Remote work arrangements (5%).

“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, in the news release. “Fortunately, many baby boomers are considering working past the traditional retirement age to stay active and continue earning.”

The survey was conducted by an independent research firm and includes responses from 150 senior executives with the nation’s 1,000 largest companies.

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