Washington, D.C. - December 8, 2005 - The Human Capital Institute (HCI), a professional association and educator in talent management strategies, and Ernst & Young, a leading international tax and consulting firm, announced today that the two organizations will conduct a study to determine whether employers are responding to the aging of their workforces and, if so, what measures they are taking.
The results of the Ernst & Young/Human Capital Institute Aging Workforce Survey will be released in a report, available in late January 2006.
"As the workforce ages, there are new challenges for organizations," said Allan Schweyer, HCI's Executive Director. "This survey and resulting report will provide insight into how organizations are addressing the various issues unique to older workers and help businesses make better decisions with regard to this important and growing segment of the workforce."
The Ernst & Young/Human Capital Institute Aging Workforce Survey, which is being administered by ExecuNet, focuses on such issues as whether employers are identifying older workers who possess "business wisdom" and may also be retiring from their organizations within the next five to 10 years. Retention programs aimed at older worker and pre-retirement programs are among other key survey areas.
ABOUT ERNST & YOUNG
Ernst & Young is a leading international tax and consulting firm. With 106,000 associates in 700 locations in 140 countries, the company provides a wide array of client services. Its Human Capital practice is focused on two strategic areas: Global Mobility and Performance & Reward. Global Mobility includes Expatriate Tax Compliance & Advisory Services; Assignment Services; Business Immigration; Outsourcing Advisory; and Mobility Advisory Services. Performance & Reward includes Executive and Employee Reward; Equity Incentives; HR Cost Optimization; and Transactions & HR Due Diligence. For more information, please visit: www.ey.com
ABOUT THE HUMAN CAPITAL INSTITUTE
The Human Capital Institute is a think tank, educator, and professional association dedicated to the advancement of talent management practices with individuals and organizations. HCI serves as a catalyst for innovative thinking in integrated talent strategy, acquisition, development, engagement, management, and measurement. Through research and collaboration, HCI programs collect original, creative ideas from a field of the brightest thought leaders in talent management. Those ideas are then transformed into measurable, real-world strategies that help its members attract and retain high-performing people, build a diverse, inclusive workplace, and leverage individual and team performance throughout the enterprise. HCI members represent a broad coalition of educators, talent managers and executives. For more information, please visit: www.humancapitalinstitute.org
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Source: HRmarketer.com