It has been projected that the number of people with more than 65 years of age in the US will double to 72 million by 2030; a number represents 20 percent of the total US population (Vasconcelos [url=http://www.cheapnhljerseysgoldenknights.com/oscar-lindberg-jersey/]Oscar Lindberg Golden Knights Jersey[/url] , 2015). The workforce aging occurs because more people are living longer while fewer are being born thereby leading to more older people and fewer young people. For the workforce, it means that the supply of young people getting into the labor force is declining as the large baby-boomers approach the traditional retirement age. That means that the number of jobs being created as a result of the retirement of the aging population is more than the number of new workers entering the workforce. The same case in overseas is referred to as unsustainable level of retirement. The case may be different in the areas where the birthrate is high.
Based on this trend of older workforce, it is apparent that the skills鈥?shortage is rapidly increasing, especially in the high-skill occupations like health and education fields. Something needs to be done. For one, the older workforce should be encouraged to continue working to enable the organizations to remain competitive and reduce the labor shortages. The healthcare institutions and other should adopt a lifelong-learning approach to make sure that the employees鈥?skills remain relevant with age (Vasconcelos [url=http://www.cheapnhljerseysgoldenknights.com/cody-eakin-jersey/]Cody Eakin Golden Knights Jersey[/url] , 2015). The employers should also audit policies and procedures via the aging lens covering hiring, training, promotion, and performance management. There should also be succession planning to help keep and retain the corporate 鈥榢now-how鈥?as the organizations also ensure that they have age-diverse workforce (CIPD, 2015). Also [url=http://www.cheapnhljerseysgoldenknights.com/reilly-smith-jersey/]Reilly Smith Golden Knights Jersey[/url] , managers should be trained to enable them to have better management skills for their workforce on both sides of the age spectrum. 鈥?p>

References
Chartered Institute of Personnel and Development (Great Britain)(CIPD). (2015). Managing an age-diverse workforce: what employers need to know.
Vasconcelos, A. F. (2015). Older workers: some critical societal and organizational challenges. Journal of Management Development, 34(3), 352-372.

Sherry Roberts is the author of this paper. A senior editor at Melda Research in online nursing papers. If you need a similar paper you can place your order for a custom research paper from legitimate research paper writing service services.

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>Payroll Basics every Business Owner Needs to Know

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