Employee Value Propositions: A Foundation in Building a Competitive Work Force

摘要

America's work force is aging, and baby boomers are hitting retirement age in large numbers. According to the U.S. Census Bureau, every day about 10,000 people in the U.S. turn 65. The trend is expected to continue until 2030. Utilities are not immune to this trend. The Center for Energy Workforce Development researched this issue in 2011. Findings included that nearly 62 percent of utility employees have the potential to retire or leave within the next decade, with a whopping 9 percent ready to retire now. At Eversource Energy, we are seeing the same phenomenon. Some one-third of our employee base is 55 years old or older, and most of these employees are eligible to retire within five years.