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Companies Must Work to Avoid Boomer Brain Drain
In 2007, leading-edge Boomers turned 62 and reached potential retirement age. By the end of 2008, 17 percent of the Boomers holding executive, administrative, and managerial occupations in the private sector are expected to have left. Where will this brain drain leave U.S. companies?
Thinking of leaving California? You're not alone.
Submitted by Richard Rider on 17 April, 2008 - 15:00.The recession is upon us.
While still not official, most agree that we are in an economic downturn. Unemployment is rising, housing prices are plummeting and energy costs are soaring. As a result, in this election year, the federal government is offering tax rebates (admittedly ill-advised) to lessen the pain.
But in California, politicians think there are only two times to raise taxes -- good times and bad times. Oddly enough, this is one of those times.
Boomers Pursue Entrepreneurial Ventures
For Boomers who prefer to do things their own way, the entrepreneurial road is full of ups and downs. Boomers have advantages in savings, business experience, wisdom, and connections made over the years. But, launching a business is always risky, and Boomers have a lot to lose.
More Americans 55 and Older Work Full Time
How many older Americans are working full time -- any why?
Are You Thinking About Retiring Retirement?
Retirement is one of the most significant life transitions, and current Senior "retirees" and the 78 million Baby Boomers just behind them are re-writing the rules. No longer satisfied with just a retirement dinner and commemorative watch, then endless days of golf, or arts and crafts at the local Senior Center, many of us want a lot more out of our "golden years." In fact, many of us aren't planning to retire anytime soon -- if ever.
Flying United's unfriendly skies: Is airline loyalty a sucker bet?
Submitted by John L. Hawkins on 29 March, 2007 - 08:25.My wife and I used to fly United Airlines a lot. For many years our status was Premier Executive. We accumulated a huge quantity of frequent-flyer miles. We liked the people who worked for United, and we enjoyed giving them our business.
That all changed yesterday.
A few months ago I used a big chunk of United Mileage Plus points to buy three tickets from San Diego to New York for a family trip in April. I had to pay extra miles to get the dates I needed. I picked out some decent seats, and expected my trip to go well.
If Men Are From Mars, How Will Women Ever Get Promoted?
The best-selling book Men Are From Mars, Women Are From Venus is all about the male-female relationship. Using humor, author John Grey makes a very important point: men and women think differently. Sometimes the difference is so pronounced, one would think men and women come from different planets.
Assess a Career Change
Q: I've been with the same company for the last 9 years, and I've recently realized I'm ready for a change. The problem is that I'm 56 years old, and intimidated by the prospect of looking for a new job.
Boomer Snapshot
Is the Baby Boom generation really that different? In many respects, the answer is no, but there are important ways the 78 million people born from the end of World War II to 1964 are distinguishable from all previous generations. The distinctiveness is not just in the numbers, but also in values, life choices, and longevity.
RV Travel: Is It For You?
AdvisorAudio: Click to hear this story.
To begin at the end, I now have an RV, a Monaco Diplomat motor home that gives me an office on wheels, a meeting place for customers, a way to avoid the hassles of flying and dirty hotel rooms. And yes, it's a home on wheels.
But why, after racking up more than a million flying miles (as an airline passenger, and doing my own piloting), do I now want to plod down the road instead of zooming over it?
Life After Retirement
ADVISOR INTERVIEW
Does the prospect of retirement bore you? Or, are you trying to figure out the next phase in your career -- or embark on an entirely new career? Or, perhaps you still want or need a regular paycheck. Whatever your situation, as a Boomer, chances are you aren't planning on retiring any time soon. So, what are you doing?
Californians: Is Paid Leave an Option for You?
California made history in July 2004 as the first state to create a comprehensive paid leave program. Employees can collect up to 55 percent of their salary per month while caring for their loved ones.
Winning the Influence Game: What Every Business Leader Should Know About Government
Articles about major companies often have little to do with products and services, and much more to do with government red tape. Yet when Michael Watkins began searching for information on how companies should work with government, he turned up empty-handed. This prompted Watkins to co-author "Winning the Influence Game: What Every Business Leader Should Know About Government". ADVISOR asked Watkins how today's business leaders can build a beneficial relationship with government.
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