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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Employers and policymakers must change outdated practices to tap the expertise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.
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M.B. Data
22-05-2006
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