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Monday, May 08, 2006

New workforce wont sell their souls for career?

"Corporate America is about to receive a brutal lesson in supply and demand. As 77 million baby boomers retire over the next decade, the U.S. work force will not produce enough qualified workers to replace all of them. The boomer retirement trend will force businesses to rethink and adapt from their traditional work forces, which are likely comprised primarily of full-time employees from executive leadership all the way down to line-level workers. Therefore, American companies will need to restructure their staffing models and learn to attract younger workers that have much different priorities than the boomers.

Unlike their baby boomer parents, Generation X and Y workers aren't necessarily interested in 9-to-5 jobs. A national study of employment trends among this age group published by the American Business Collaboration proves that younger employees embrace non-traditional employment opportunities. Because they place a higher premium on the work-life balance than did previous generations, they appreciate the flexibility offered by part-time, job sharing, outsourcing and contracting opportunities."

Indianapolis Star
IndyStar.com

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