"Failure to investigate or recognize the issues surrounding the maturing workforce will pose a threat to future growth and productivity".
Failing to meet its 7.5% return objective for several years, CalPERS recently has adopted a "Funding Risk Mitigation" strategy to meet the challenges of a maturing workforce, negative cash flow, longer life expectancies, and underperforming investments.
Some argue that ageing populations in rich countries will mean lower interest rates, because older economies with mature workforces will need less capital and their citizens will save more in preparation for retirement.
The program, called the Mature Workforce Center, offers workshops, courses and services to help baby boomers retool and brush up their skills.
This shortfall could simply be the unwinding of earlier excesses as firms repair their balance sheets, but several "structural" explanations have gained support:Demographics. A young and growing workforce boosts the level of investment, just like a mature workforce boosts the saving rate.
The study, "Managing the Mature Workforce," was conducted with the assistance of major companies, including IBM, BP, Chevron, CVS, Ford Motor, GlaxoSmithKline and JP Morgan Chase.
Never lose sight of the fact that there is a strong business case for employing a mature workforce, and without becoming too evangelical, make your benefits over youth and inexperience crystal clear to any prospective employer.
I'll leave it up to you to learn how to articulate the benefits of a mature workforce from sites such as the government's Age Positive and to find advice on how to present your varied skills and qualities elsewhere on Next Wave, as well as from the Open University and Prospects Web sites.
As Dan Miller, co-founder of the Chicago Innovation Awards, pointed out, "Our mature workforce or gray hairs have a lot of ideas...it's just a matter of nailing down the technology.
As such, the paper provides a case study in the policy and practice implications of introducing a new type of health worker role into an already well established and "mature" workforce context.
It provides a case study in the introduction of a new health care worker role into an already well established and "mature" workforce configuration It assesses the role of US style physician assistants (PAs), as a precursor to planned "piloting" of the PA role within the National Health Service (NHS) in Scotland.
