Posts Tagged the big tilt
I lunched last Friday with 100 others or so at South Australia’s CEDA event ‘Population Crunch’. After seven or so years of quoting Bernard’s research, it was nice to chat with the man who coins media savvy terms like ‘man drought’. Bernard’s latest book ‘The Big Tilt’ is essentially about the crunch that occurs as we have more baby boomers leaving the workforce than Gen Ys entering it. Salt’s eloquent observations and generalisations provoked a bit of a titter in the room – many of them in the Baby Boomer demographic.
It’s not new news. But it does provide another perspective to consider the social impact of this phenomenon and what it means for the workplace and baby boomers in particular. Salt talked about the need to re-engineer the space that now exists between ‘traditional retirement’ and death – a period of what could be twenty to thirty years. With our workforce participation and workforce planning glasses on, it would seem in employers’ best interests to support baby boomers to ‘re-engineer that space’.
- How to envisage life beyond the traditional retirement date
- How to create a transition to retirement.
- How to construct a portfolio career or lifestyle.
- How to work longer but differently.
- What actions to take about money, health, relationships and career
Baby boomers invented the concept of a ‘teenager’. I wonder in later life if they will invent a new name for that phase between traditional retirement and death. They may well do it with support from their employers.