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US: Conference Will Focus on Aging Workforce

A conference being held in Indianapolis will focus on the aging workforce and the expected effects of baby boomer retirements.

A new Federal Reserve study shows that boomer retirements will drain manpower and intellectual capital enough to slow economic growth, raise wages and increase interest rates. Solutions for dealing with the expected crisis will be discussed at the conference organized by the University of Indianapolis Center for Aging & Community.

The baby boomers began turning 60 this year, and according to a new Federal Reserve study, that generation’s retirement from the workforce will drain manpower and intellectual capital enough to slow economic growth and raise wages and interest rates.

Employers and policymakers must change outdated practices to tap the expertise of older workers, says Executive Director Ellen Miller of the University of Indianapolis Center for Aging & Community. The older workers themselves, most of whom are living longer and want to remain active in the workforce, must be willing to adjust to changes in technology and skill requirements.

And these efforts must begin now, Miller said.

“It’s not a question of being proactive,” she said. “It’s upon us.”

The pending crunch will affect businesses of all sizes, but executives, human resources professionals and other decision makers can learn strategies for ensuring an adequate skilled workforce during the center’s second annual business conference, Managing the 21st Century Workplace: Value and Impact of the Older Worker, scheduled May 18 at the Indianapolis Marriott Downtown.

The keynote speaker is Robert Butler, M.D., the Pulitzer Prize-winning writer and theorist who first explored the concept of “ageism” in the workforce and went on to become founding director of the National Institute on Aging. He now leads the U.S. branch of the International Longevity Center.

Also featured is Center for Aging & Community senior fellow Barry Spiker, who will discuss new models for assessing the contributions of older workers and offer a preview of the center’s ongoing study on the economic impact of boomer retirements in Indiana.

Other speakers and panelists will include Ron Stiver, commissioner of the Indiana Department of Workforce Development; Sara Rix, a senior policy advisor for AARP; Eric Lesser, associate partner with IBM's Institute for Business Value; Duke Energy Indiana President Kay Pashos, who will present a best-practices case study; and Graham Toft, longtime president of the Indiana Economic Development Council, who is collaborating with Spiker on the Indiana workforce study.

The May 18 conference begins at 8 a.m. with registration and a continental breakfast, includes lunch and continues until 4:30 p.m. The cost is $249. For more information, call (317) 791-5930, or register online at cac.uindy.edu.

Managing the 21st Century Workplace has been approved for seven credit hours toward PHR, SPHR and GPHR recertification through the Human Resource Certification Institute. For more information, visit www.hrci.org.

Conference sponsors include AARP Indiana, CICOA Aging & In-Home Solutions, Delta Dental, Duke Energy, Your Encore, Goodwill Industries of Central Indiana, IBM and St. Francis Hospital & Health Centers.

Source: University of Indianapolis

All of the above text is a press release provided by the quoted organization. TheMatureMarket.com accepts no responsibility for their accuracy.

 

Un texto escrito por M.B. Data 22-05-2006

 

 


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