The impact of a high volume of Baby Boomers that are and will be eligible to retire creates a business problem for many employers. The ability to fill vacated positions will likely be difficult as the volume of job candidates does not meet the demand for proposed openings. This is due to a labor gap between the generations; those retiring and those working. The outgoing number is higher than those available. Another issue with diversity in an aging workforce are retirees who cannot financially retire; and thus continue working. This can create resentment in workers who want to retire, but cannot afford to.
List three business problems, situations, or opportunities that you believe are diversity laden. Please give possible solutions and explain your responses in some detail. The solution explains how an aging workforce is creating both problems, and opportunities, for employers. With strategies such as succession plans, organizations can be prepared to fill positions as the significant volume of Baby Boomers retire. Cultural diversity provides an opportunity for organizations to have a workforce that is similar to the customer base. In about 400 words, this solution provides details on three different scenarios which explain the impacts of diversity.© BrainMass Inc. brainmass.com October 16, 2018, 6:52 pm ad1c9bdddf
The first business situation due to age diversity that likely began in January 2011 for all employers is the ability for "Baby Boomers" to retire. Statistics indicate "1/1/11" was the date when the first "Boomers" turned 65, and also the start of a potential 10,000 people retiring everyday - for the next 19 years (reference). The huge volume of "seasoned" employees who are leaving the workplace can create a lack of experienced employees if organizations do not address this. The solution for any employer with those able to retire is to have a succession plan. It is vital to identify employees who may be retiring within the next year or so, and analyze ...
Diversity in the workforce can create unique problems, scenarios and even opportunities for any business. This solution discusses in detail three examples of what diversity means for today's employers. Likely the largest scenario facing just about any organization is the mass "outflux" of Baby Boomers who are eligible to retire. Organizations may be seeing their most seasoned, and experienced employees, leave. This solution discusses how diversity is impacting organizations, both as a positive and in creating challenges. The solution is about 400 words and includes a reference.
Diversity Training in Companies
Background information needed to write a paper on diversity training in the workplace. Need enough information to write the following essay:
1. Title: Diversity Today
2. Abstract: The abstract is an "executive overview" of a paper. It should be a 50-to-l00 word summary that would be appropriate to give your manager so that he/she would know the essence of your project without reading the paper in its entirety.
3. Table of Contents: In this section, list each section of your paper, with the page number. The list should include:
• Tables and Figures if you included more than two;
• Appendices, if included;
• Bibliography or reference section listing sources used.
4. Introduction: In this section, state the purpose of the paper in succinct, declarative sentences. Convince your reader that the study will have a practical value and meaning for you and the study will be based upon the concepts studied in the course.
5. Background and Significance: This section provides further justification of the need for your study. If your project examines a topic drawn from your work, you should include a description of your work environment, your position in the organization and how your position fits into the organization, both vertically and horizontally. Explain the applicable concepts from the course. If your project is focused on a particular organization, explain how these concepts apply to that organization. What is the organization doing well? Would it benefit by adopting some of the concepts you have been studying?
6. Discussion, Implications and Recommendations: In this section, you should provide a thorough discussion of your findings and the implications of your study. Be sure to include only the pertinent implications. You should also present your recommended action plan. This plan will vary based on the type of project you selected. For example, it may be a personal action plan for you follow in your present position or in a position which would enable you to put the plan into action. If your project is a literature review, then your recommendations may be focused on what issues need further research. Be sure that the recommendations are realistic in terms of the appropriate HR concepts and, if applicable, the organization you have studied.
7. References: You must draw on other sources such as HR and business journals, information from an organization, and interviews with individuals who work in an HR position. Be sure that you support the information presented with appropriate references. It is important that all references and quotes correctly are cited correctly. All sources, including web sites must be referenced in the Bibliography or References list.