The Baby Boomer generation is quickly approaching retirement age, and as a result, the US workforce is faced with losing almost 25 percent of its workforce. However, on the flipside, a struggling economy and shrinking IRA account balances have forced many Boomers to remain in the workforce simply because they cannot retire.
How can you as a business owner be a part of the solution for the Boomer generation as they reach their sunset years? It’s easy: hire them!
Hiring Boomers near retirement may at first give you pause. Why hire someone who is not destined to be a long-term employee? Interestingly, many businesses are hiring more near-retirement employees. In fact, a recent study performed by the HR consultancy firm, Hewitt Associates, shows that 61 percent of US companies have or will establish employment programs that are targeted at near retirement workers. A