An aging workforce introduces a risk of knowledge and skill loss. Proactive HR must assess what skills are at risk of retiring and develop plans to ensure succession, upskilling, or knowledge transfer.
Extract from HRCI-aligned HR knowledge (Talent Planning and Acquisition):
SPHR competencies emphasize “workforce analytics and demographic analysis to predict future talent needs.” Addressing the aging workforce begins with skills gap analysis and strategic planning to support business continuity and resilience in talent pipelines.
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