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Who Will Keep this Place Running? Attracting the Next Generation of Employees

Who Will Keep this Place Running? Attracting the Next Generation of Employees Moderator: Bruce Meaker. The Challenge. Baby Boomers – 78 million (1946-1964) Became eligible for retirement in 2008 Average Retirement Rates = 8,500 per day FOR THE NEXT 25 YEARS 1 EVERY 10 SECONDS

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Who Will Keep this Place Running? Attracting the Next Generation of Employees

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  1. Who Will Keep this Place Running? Attracting the Next Generation of Employees Moderator: Bruce Meaker

  2. The Challenge • Baby Boomers – 78 million (1946-1964) • Became eligible for retirement in 2008 • Average Retirement Rates = 8,500 per day • FOR THE NEXT 25 YEARS • 1 EVERY 10 SECONDS • Peak retirement will occur in 2022 (1957)

  3. The Challenge (cont.) • Baby Boomers – 78 million (1946-1964) • 28% of the population • 68% of the current work force • 40% of Electric and Natural Gas Utility employees are eligible to retire in 5 years.

  4. The Challenge (cont.) Baby Boomers – 78 million (1946-1964) (50’s) Generation X – 40.6 million (1965-1981) (30’s) Generation Y – 80 million (1982-2001) (20’s)

  5. Questions • How to keep the place running while a generation of talent and experience leaves in droves? • Is this a problem? • What skill sets will this require from employers to attract and retain? • Cultural issues • Value differences • What is the attitude of business leaders and regulators toward this phenomenon?

  6. Our Panel • Kim de Rubertis – Consulting Engineer • Barbara Hins-Turner – Pacific Northwest Center for Excellence in Clean Energy • Deborah Link – Hydro Research Foundation • Katie Clarkson - FERC

  7. Kim de Rubertis

  8. Challenges • No direct training in Hydropower engineering • Must apprentice within the industry to learn the arts, crafts, and skills necessary

  9. Barriers • Attractiveness of the hydro industry • Mandatory Conditioning Authority • Cultural Stigma

  10. “Dams, all dams, should go away. The faster the better.” Robert Redford, 2009

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