HR Info
According to the Numbers…

Following are some recent facts and statistics from well-known resources that might interest you:

According to a report containing new projections on Boomer health, released in May by First Consulting Group of Long Beach, California, more than 37 million Boomers—six out of 10—will be managing more than one chronic condition by 2030. Also by 2030:

14 million Boomers will be living with diabetes—that's one out of every four;

	almost half of the Boomers will live with arthritis, and that number peaks to just over 26 million in 2020;
	and more than one out of three Boomers—over 21 million—will be considered obese.

While employees are generally satisfied with their time off allotments, they want heartier retirement and health care benefits, according to a new survey from Sibson Consulting. Workers reported lower levels of satisfaction with health benefits (66% favorable in 2000, compared to 58% in 2006), retirement benefits (56% in 2003, versus 42% in 2006) and benefits administration (66% in 2000, compared to 58% in 2006). There also was a dip in satisfaction with paid leave benefits (77% favorable in 2000, down from to 74% in 2006), but it was slight compared to the other categories. (As reported in the enewsletter, Connect, a publication of BenefitNews.com)

Among Generation Y workers, studies have confirmed that work/life balance is more important than salary. Mercer Human Resources Consulting found that 83% percent of workers in the 18-24 age group were motivated by flexibility, while only 73% were motivated by salary.

A study called “The Impact of Elder Care on Women's Labor Supply,” by Richard W. Johnson and Anthony T. Lo Sasso, found that women ages 55 to 67 who helped care for elderly parents during a two-year period reduced their work hours by 367 hours a year, or 41 percent, on average. The authors' conclusion: providing informal care to elderly parents may be incompatible with full-time paid employment for middle-aged women.