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Small Firms Best at Preparing for Aging Workforce

Recent research shows a marked difference between small and large companies when it comes to planning for ways to deal with the aging U.S. workforce. And according to one survey, small businesses appear to be ahead of the curve when planning for this major demographic shift.

In a survey of 404 small business owners released March 5, 2008, by the National Association of Professional Employer Organizations (NAPEO), 28 percent of the respondents reported that they had developed plans and strategies to transfer the knowledge and skills of their older and more experienced workers to younger employees.

By Bill Leonard

Full Story: https://www.shrm.org/publications/hrnews/pages/preparingforagingworkforce.aspx

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