Australia’s Baby Boomers are Leaving

Posted by Sean Lew on Monday, 23 June, 2008 under General Ranting |

In Australia, baby boomers are classified as people born between 1946 and 1961, therefore, the oldest member of the baby boomers are 62 and the youngest is 47 this year. Australian Bureau of Statistics (ABS) survey also found that around 76% of men had retired before 63 and 76% of women had retired before the age of 60. If this this the case, baby boomers have started leaving the work force and the amount of knowledge and skills that they carry would be lost.


Employees, by age group. Source: ABS

With the massive skill shortage in Australia at the moment and employers need to keep whatever knowledge and skill they have even when employees leave the company. I believe this is a big problem in many large organisations in Australia and Enterprise 2.0 is needed to solve this problem NOW! I am not saying that Enterprise 2.0 once implemented, this problem would be solved but the earlier you do it, the earlier people use it, the earlier people store their knowledge, the more benefits the company reaps. Timing is of essence in this issue.


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Comments

  • carol stanley said,

    I don’t think this is a problem in US. Seems like people are working until a much older age..or if they retire they are often starting businesses..or writing books like me…carol stanley
    :For Kids 59.99 and Over…www.carolstanley1.com

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