Baby Boomers and other older, more experienced employees are planning to retire in droves. However, when they leave, amazing multi-decade experience and connections will leave the company. For this reason, many companies are working on plans on how to retain these valuable employees when they choose to retire. What kind of strategy would be recommended for companies to take in order to not lose this potential talent and know-how? Why?

Baby Boomers and other older, more experienced employees are planning to retire in droves. However, when they leave, amazing multi-decade experience and connections will leave the company. For this reason, many companies are working on plans on how to retain these valuable employees when they choose to retire. What kind of strategy would be recommended for companies to take in order to not lose this potential talent and know-how? Why?

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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