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Companies must plan for an aging work force.(Brief Article)

Puget Sound Business Journal

| February 09, 2001 | Reha, Jan | COPYRIGHT 1989 American City Business Journals, Inc. (Hide copyright information)Copyright

Is your company in danger of losing its silver lining? Are your most experienced managers and employees nearing retirement age and planning their exit from your company?

Business is beginning to experience the effects of an aging baby boom generation as the work force matures and the most experienced managers and employees cycle out of day-to-day work and into retirement. If you consider these statistics, the corporate brain drain facing American companies is just beginning:

* The number of managerial jobs will increase 21 percent between 1998 and 2010, while the number of workers between 35 and 50 will fall by five percent, according to Development …

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