11% of workforce to retire within next 5 years due to babyboomer issue

The survey of 123 HR executives from several industries including health care, retail, technology, and telecom, showed that up to 33% of respondents expect 11% or more of their overall workforces to begin retiring when baby boomers start turning 62 over the next few years. 15- 20% of the surveyed HR executives expect those retirements to create "critical shortages" in IT talent functions within the next five years.

The survey of 123 HR executives from several industries including health care, retail, technology, and telecom, showed that up to 33% of respondents expect 11% or more of their overall workforces to begin retiring when baby boomers start turning 62 over the next few years. 15- 20% of the surveyed HR executives expect those retirements to create "critical shortages" in IT talent functions within the next five years.