Small Business Resources, Business Advice and Forms from AllBusiness.com

The new older workforce. (From the Editors: Insights on Issues).

By Shea, Terence F.
Publication: HRMagazine
Date: Friday, March 1 2002

Sixty-five isn't the threshold birthday it used to be. It's no longer the assumed age of retirement or even the age for collecting full Social Security benefits.

In fact, for millions of baby boomers, leaving the payroll at 65 won't be an option. They'll have to keep working for several more

years, at least, to supplement retirement benefits.

Others, like Margaret Brick (featured on this month's cover), work because they want to. An 8 7-year-old former teacher, Brick didn't like retirement the two times she tried it and, now, back at work, she has no plans to try it again.

Will HR be ready for the coming wave of older workers like Brick? Yes, but only if preparations start now. Business writer Alison Stein Wellner unveils this approaching change in the workforce--and the various issues it poses for human resource professionals--in this month's cover story, "Tapping a Silver Mine," beginning on page 26.

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