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[IWS] AGING WORKFORCE SUMMIT (26,27 OCTOBER in Chicago)

IWS Documented News Service
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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

The AGING WORKFORCE SUMMIT (AGW), 26 & 27 OCTOBER, in Chicago
http://www.agwsummit.com/index.html

DESCRIPTION
AGW - The Aging Workforce Summit is a two-day global conference designed to educate and motivate senior corporate executives about the bottom-line impact of the financial and healthcare shortfalls exacerbated by an aging workforce.

CONTENT
AGW features general sessions providing information and solutions for companies addressing age-driven financial issues such as retirement savings shortfalls, the rising cost of healthcare, lost intellectual capital, etc., and their combined impact on the company. Additionally AGW will include how-to sessions, case studies and workshops.

ATTENDANCE
Companies who want and need to learn about the impact and realities of an aging workforce. Executives who need to understand the economic and enterprise-wide impact of an aging workforce and the loss of intellectual capital in a knowledge-based global economy.


Press Release 23 August 2006
Aging Workforce Summit Launched
Singular conference on bottom-line workforce issues
http://www.agwsummit.com/news_082306.html


Hartford, CT, August 23, 2006 ­ AGW ­ The Aging Workforce Summit ­ the only conference on solutions for dealing with the bottom-line financial and personnel pressures of our nation’s aging workforce ­ will be October 26-27, 2006 at the Mid-America Club Chicago.

Presented by Prudential Financial, AGW provides financial, retirement benefits and human resources decision-makers with presentations from leading experts in the issues of retirement funding, healthcare, work-life solutions, succession planning and the retention of institutional intelligence.

“This conference focuses on the business-critical and rapidly escalating issue of an aging workforce, which has significant global implications, and we are pleased to be a presenting sponsor,” said Deanna Garen, SVP of Strategic Planning, Prudential Retirement at Prudential Financial, Inc., and a member of the AGW Conference Leadership Committee. “Today's business leaders must plan now to solve the problems created by generational workforce-shifts before their companies lose the ability to serve their customers, effectively grow their businesses, and generate acceptable ROI despite dramatically higher retirement, healthcare, and labor costs.”

“America’s aging workforce, retirement issues, pensions and healthcare have been hot topics in trade journals and mainstream media,” said Nan McCann, President of PME Enterprises and producer of AGW. “While everyone is talking about the need to address these issues, the topic has been relegated to a sidebar at most HR and financial industry conferences. AGW is the only national conference dedicated to how to address these issues.”

AGW will provide insight and solutions to help senior HR, finance and benefits professionals understand and solve their organization’s age-driven challenges such as retirement savings shortfalls, pension funding, healthcare costs, and lost intellectual capital ­ and their combined impact on their company’s bottom line.

HR professionals listed rising healthcare costs and increasing numbers of retiring baby boomers among the top 10 trends that will have the biggest impact on the American workplace in the next decade (1). And surveys show that even though 70-80% of executives at big companies are concerned about the coming brain drain, fewer than 20% have begun to do anything about it (2).

(1) The 2006 Society for Human Resource Management Workplace Study
(2) “How to plug your company’s brain drain” Fortune, July 19, 2006

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

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Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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