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Impending Exodus of "Wisdom" Present Challenges for Employers

New Workplace Options White Paper Helps Organizations Measure and Manage the Impact of an Aging Workforce. Download the White Paper for free at

Raleigh, NC (HRmarketer/PRWEB ) December 15, 2004 -- Workplace Options, the leading provider of work life programs to corporate America through partnerships with employee assistance (EAP) companies, has released a White Paper that helps organizations measure and manage the impact of their aging workforce.

The Aging Workforce: A Strategic Approach to Determining the Impact on Your Organization" is available for free at www.WorkplaceOptions.com and helps employers:

1. Accurately measure the impact of the aging workforce demographic shift on their organization (e.g., staffing gaps" that will occur as a result of retiring baby boomers).

2. Implement succession planning strategies to offset the retiring baby boomers.

3. Develop multi-generational strategies related to the recruitment, retention and performance associated with an older workforce.

In addition to helping employers respond to their retiring Baby Boomers, the White Paper offers strategies to effectively manage the growing number of older workers who will choose to remain in the workforce - often forced to for financial reasons.

According to a recent AARP study, approximately two-thirds of baby boomers plan to continue to work during their "retirement" years. With better health care and increased life expectancy, we can expect older workers to be more active and productive well beyond retirement years.

This results in a twofold challenge for companies - how will employers replace the knowledge and experience drain and, at the same time, what new programs and services will be required to meet the needs of an older workforce.

For example, older workers may require unique employee benefits that are more targeted to elder care or medical support programs, or training to help adapt to newer technologies. Management and diversity training for younger workers who are managing older workers will also be needed to address generational issues and potential workplace tension.

"Wisdom workers who are at the end of their career, and are work centric individuals will soon be replaced by a duel-centric generation, fewer in numbers, who distribute their energies between both their work and their personal lives," says Mary Ellen Gornick, senior vice president of Workplace Options. "It is a business imperative that companies understand how this demographic shift will impact their organization and implement strategies to better manage the impact of their aging workforce."

"The workforce shortage will challenge companies and mature workers to rethink the traditional definition of work, and reinvent what it means to retire," says Cali Williams Yost, president of Work+Life, Inc. "Meeting this challenge will require flexibility in the way work is done and a redefinition of success on the part of mature employees in order to feel effective in their new role. The Workplace Options White Paper is an excellent starting point for organizations to begin thinking about and addressing these challenges."    

To obtain a free copy of the White Paper, please visit http://www.workplaceoptions.com/whitepapers.html or contact Mary Ellen Gornick at 800 699 8011 x2121 or maryelleng@workplaceoptions.com.

About Workplace Options
Workplace Options is the largest provider of work/life programs to corporate America, through partnerships with employee assistance (EAP) companies. The company delivers a customized work/life product to EAPs who in turn offer employers an integrated work/life EAP employee benefit. Founded more than 20 years ago, Workplace Options delivers its services exclusively through EAPs and other third-party organizations. The company is recognized for its innovative web delivery capabilities, flexibility and affordable pricing models.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.

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