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Nonprofit Firms Face Challenges and Some Opportunity with Advent of Retirement of Baby Boomers

The Conference Board, 5/31/07

Abstract:

Nonprofit organizations could be hit hard by the talent shortages exacerbated by the large cohort of baby boomers soon entering the retirement years, but there will be opportunities as well, according to an upcoming report from The Conference Board, the global research and business membership organization...

...The advent of retirement for a vast majority of baby boomers also brings opportunity for nonprofit organizations...

...A considerable number of baby boomer employees in the private sector are considering a move to the nonprofit sector where they can use their experience and skills in social purpose work. This generation came of age during tremendous social change and some want to return to their roots in bringing about social changes.

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