BUSINESSWEEK ONLINE : SEPTEMBER 20, 1999 ISSUE
COVER STORY

Facing the Crunch


Some companies are already using older workers to plug holes in their talent pool

DELOITTE CONSULTING
Is launching a Senior Leaders Program to allow high-talent execs to redesign jobs rather than lose them to early retirement.

CHEVRON
Conducts regular demographic audits to pinpoint skill shortages. Is developing programs to keep key managers longer.

MONSANTO, PRUDENTIAL
Use retirees as temporary workers to do everything from sophisticated technical jobs to answering phones.

GE INFORMATION SERVICES
Hires retired engineers to service older systems still in use.

CASTLE HARLAN
The leveraged-buyout firm recruits retired top executives as board members and advisers for companies it invests in.



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RELATED ITEMS
Brain Drain

COVER IMAGE

CHART: As the Country Gets Grayer...

CHART: ...And the Workplace Ages...

CHART: ...The Talent Shortage Gets Worse

TABLE: Facing the Crunch

TABLE: Aging Workers: Suddenly a Hot Topic

TABLE: Flexible Retirement, Inflexible Rules

It Ain't Over When It's Over

ONLINE ORIGINAL: Retirement Funds for Those Too Busy to Plan

ONLINE SURVEY RESULTS: What Are Your Post-Retirement Plans?



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