The Impending Retirement Tsunami & Resulting Brain Drain
The demographics of public sector fleet operations are skewing increasingly to an aging workforce. A key reason is the large number of baby boomers eligible to retire now and into the next decade. Studies have documented the implications to various industries, but there has been little discussion about the ramifications to fleet management. Not only will there be a “retirement tsunami” in fleet, but there will be an even more crippling “brain drain” of lost institutional and legacy knowledge.
April 3, 2012