Promising Practices Promising PracticesPromising Practices
A forum for government's best ideas and most innovative leaders.

After the Retirement Wave Crests, Who’s Left?

ARCHIVES

Listen to the story:

Download this episode | Subscribe on iTunes

There are roughly 600,000 federal workers currently in their 50s, which means thousands of government employees are quickly approaching retirement. With slow hiring of new workers to take older workers places, this exodus of experienced employees is often referred to as the retirement wave.

These departures from the federal workforce, combined with factors that have made federal service appear less attractive, or less feasible, to young workers, pose large challenges to operational continuity.

To talk about this looming workforce imbalance, Adam Cole, Senior Director at CEB, recently spoke with us on the Excellence in Government Podcast to discuss what comes next—what happens after the retirement wave and how can you prepare now?

“So many individuals across the federal workforce will depart their organizations in the next several years,” said Cole. “It’s never been more important to have a succession plan.”

To learn more about the retirement wave and succession planning, listen to the Excellence in Government podcast.

For more, read Cole’s recent article in GovExec: “The Retirement Wave You Didn’t See Coming.” 

Mark Micheli is Special Projects Editor for Government Executive Media Group. He's the editor of Excellence in Government Online and contributes to GovExec, NextGov and Defense One. Previously, he worked on national security and emergency management issues with the US Treasury Department and the Department of Homeland Security. He's a graduate of the Coro Fellows Program in Public Affairs and studied at Drake University.

FROM OUR SPONSORS
JOIN THE DISCUSSION
Close [ x ] More from GovExec
 
 

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Sponsored by eSignLive by VASCO

    Mobile E-Signatures for Government

    Learn 5 key trends that accelerate government demand for mobile signing.

    Download
  • Sponsored by Management Concepts

    SPONSORED: Successful Change Management Practices in the Public Sector

    How governmental agencies implement organizational change management.

    Download
  • Sponsored by Kronos

    Solving the Workforce Compliance Challenge

    Download this eBook to learn how data and automation can help state and local agencies.

    Download

When you download a report, your information may be shared with the underwriters of that document.