One of the most significant challenges facing employers is an increasingly diverse workforce. Different demographic groups may have sociological and cultural tendencies that lead to different attitudes about health care, retirement savings, and workplace relationships.

Also, as U.S. companies prepare for significant demographic changes in the next five years, few look beyond recruiting to issues like retention and promotion strategies. But our "Preparing For the Workplace of Tomorrow" survey shows that smart companies are:

• Assessing organizational readiness for a more diverse workforce
• Developing retention strategies that give top minority talent reasons to stay
• Developing measurable recruitment goals to increase diversity
• Developing products and services for a changing customer base

The U.S. Department of Labor predicts that 70 percent of new employees in 2008 will be women and people of color. The next decade will also see a labor shortage of 10-23 million, as baby boomer retirement outstrips the emerging labor pool.

An aging, shrinking workforce—in combination with an increasingly global workforce—presents HR challenges requiring new strategies and solutions.

We can help. Our consulting expertise helps clients tailor HR solutions to these seismic demographic shifts. Please contact us for more information.