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Ageing workforce to present new business challenges

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HC Online | 06 Jun 2011, 12:00 AM Agree 0
Australia’s ageing workforce will result in an increase in workers compensation costs, which will in turn hamper productivity.
  • David Norris | 09 Jun 2011, 06:06 PM Agree 0

    Not only does he describe the Future but for my mind this is a reality that is affecting many businesses today. You see,

    This is the first year that a Baby Boomer hits 65 years of age..

    So this is a hot button for many business and we at
    have found sadly, that only about 5% of organisations are really reaping the benefits of implementing practical and workable actions.

    There are the 15 to 20 % that are near cost neutral or marginally negative on their ROI. For the rest they are either uncertain of the right steps or are not doing anything at all which when you add it all up is very expensive.

    Not only are there cost benefits on the upside of action it is also the right thing to do.
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