Baby boomers set to retire. Are YOU ready?

Thousands of baby boomers will soon be retiring--sure, we hear it over and over in the media, but what, specifically, are CIOs doing to prepare for the mass exodus? Not a lot, at least according to a Computerworld survey. In their latest Vital Signs survey, 60 percent of the 233 respondents said that their organizations haven't taken any steps to keep retirement-age IT workers from leaving. Still, David Foote, chief research officer at Foote Partners, told Computerworld that some companies are beginning to cut high-priced retirement-age IT workers to ease the burden posed by their high salaries. Other interesting numbers from the survey: 19 percent of respondents said they've established flexible schedules to accommodate IT workers nearing an exit, while 12 percent said that they've offered part-time work, and 4 percent said that they've offered delayed-retirement plans.

To read what other CIOs are doing to retain the knowledge:
- see this Computerworld article