Helping employees prepare for retirement in today’s multigenerational workplace is challenging, for workers and employees alike. HR managers want to avoid the “brain drain” created after experienced workers retire with their knowledge. If younger workers are not provided upward career mobility, however, then HR risks losing them to a competitor that will encourage their growth.
Many workers — young and old — aren’t saving enough money for retirement, which forces them to remain in the workplace longer than they planned.
