Baby Boomers Essays


Changing Psychological Contract Implications for Hrm

also contributed to the shift (Smissen, Schalk & Freese, 2013). As more and more baby boomers retire, and more Generation X's and millennial's dominate the job market, job expectations will continue to change. Compared to older generations, the modern worker demands increased flexibility, more autonomy, meaningful work experiences, and greater rewards (Smissen, Schalk & Freese, 2013). In addition, the values and beliefs of the modern worker differ significantly from those of older generations (Wellin, 2007). These shifts have meant changes in employee's perceptions of their employer's obligations to them. Though the merits and demerits of the traditional employer-employee relationship… Continue Reading...

Economic Factors for Physicians

longer than they ever have before. Thus, there is a predominance of baby boomers who are significantly contributing to an aging population. Servicing the elderly is a prominent concern for the healthcare space (U.S. Department, 2006, p. 2). Additionally, there are legal determinants that are affecting the demand for physicians. The Patient and Affordable Care Act has made it mandatory for people to get health insurance. In the wake of this legislation there is a greater demand for doctors (Health Resources, 2016) than there ever has been before. Because of the wide-sweeping nature of this legislation, in addition to… Continue Reading...

Walmarts Marketing Strategies

to comprehend the necessities, inclinations, and outlooks of increasing consumer segments, for instance Hispanics, baby boomers, and millennials, will be particularly significant, in addition to comprehending individual consumers and tailoring offers on an individualized basis (Mackenzie et al., 2013). By leveraging the massive amounts of data in possession, and constructing analytical power, the retailer will be able to facilitate targeted marketing, custom-made assortments, and efficacious pricing and promotions. In addition, the retailer ought to employ advanced analytics in making offers and decisions that are directed and confined, in addition to being delivered in real time. Advanced analytics can enable… Continue Reading...

Gerontology Aging and America

Challenges and Needs Americans are getting old, and fast. Over 10,000 baby boomers per day are currently turning 65. In fact, the fastest growing demographic is actually women over 85 years of age ("2015 White House Conference on Aging: Final Report," 2015). The 2015 White House Conference on Aging covered several themes related to future challenges and policy concerns. The four main areas included Retirement Security, Healthy Aging, Long-Term Services and Supports, and Elder Justice ("2015 White House Conference on Aging: Final Report," 2015). Other salient issues for the future include how to address the needs of minorities, and especially… Continue Reading...

Method to Motivate Multigeneration Workforce

each generation brings a diverse approach to the company. The convergence of the generational cohort includes the baby boomers who have postponed their retirement because of the current economic condition. Many traditionalists still remain in the workforce because of the intention and necessity to make the ends meet. According to Schullery (2013), the present workplace consists of baby boomers, Generation X, and Generation Y and Generation Z. The baby boomers are born between 1946 and 1964, Generation X are born between 1965 and 1979, and Generation Y born between 1980 and 1999 while the Generation Z are born from… Continue Reading...

Kraft Foods Canada Targeting Of the Millennials

certified, compared to only 20% of those that are considered to be baby boomers. • Millennials appear to value their time and are eager to pay a premium for commodities and wrapping that make their lives less problematic. • Foods that have some preservatives, ingredients that are hard-to-pronounce, high saturated fats additional and sodium /sugars are a nothing that millennials are interested in eating. They read the labels and packaging, and they know what to look for regarding ingredients that are quality. • Millennials are more concerned about eco-friendly choices and recycling competencies with the packaging of the product.… Continue Reading...

Using Emotional Intelligence in the Workplace

instabilities on a global scale have pushed back the retiring age of many baby boomers, there is a greater mix of younger and older generations now in the workforce than ever before (Stewart, Oliver, Cravens, Oishi, 2017). Added to this is the fact that Generation X and Generation Y employees tend to have a different collective attitude towards life, values, interests and their jobs than the older generation (Ahmad & Ibrahim, 2015). Such differences of opinion and outlook can lead to miscommunication, misinterpretation of feelings, and unstable work environments -- especially if management does not take an active role… Continue Reading...

Swot Analysis to Develop Strategy

food that can improve the quality of life for seniors. With baby boomers entering their senior years and an overall strong interest in quality of life in old age, there are different angles by which the opportunity can succeed, and different ways in which 3 Squares can seek differentiation from other means of eating for the target market. A further opportunity exists to promote the service among non-seniors. While seniors are the initial target market, the reality is that this service can be useful for anybody who does not have the time or energy to prepare meals. Whether shut-ins… Continue Reading...

Feasibility Of Investing in Organic Foods Menu

healthy, organic food options that can improve the quality of lives. As the baby boomers enter the seniors' age and as the society develops a strong interest in the quality of life, the company can approach this opportunity from various angles to succeed and differentiate from other eateries. An Assessment of the Opportunity Today, organic food is one of the growing trends. The consumer demand for organic food has been on the rise in the last five years, which means 3 Squares Restaurant may reap, from such a business; the management has realized the importance of organic food. More… Continue Reading...

Rise Of Ricers in the Car Culture Scene

is the reason for the impact cars had on the generation. The baby boomers changed the car, and it became a "fashion statement" and this caused society to perceive the car differently. There was a deep love for cars, and a subculture was produced called "Car Culture." The youth were wholeheartedly involved in the car culture, and their interests and passion for this culture enabled the car to evolve into the most influential icons of the 1950's. The post-war era saw a booming economy, and car consumerism was booming, and the number of babies was increasing. Parents viewed a… Continue Reading...

Marketing Management with Millennials

created a paradigm shift in the marketing sphere. At the same time, the baby boomers and Generation X crowds are still heavily presence and they have their own perspectives and preferences. Managing all of these concurrently is a challenge that must be met. References Baldassarre, C. (2017). 10 Tips for Millennial Marketing. Entrepreneur. Retrieved 26 June 2017, from https://www.entrepreneur.com/article/287905 Millennial Marketing. (2017). Who Are Millennials | Millennial Marketing. Millennial Marketing. Retrieved 26 June 2017, from http://www.millennialmarketing.com/who-are-millennials/ Continue Reading...

Home Health Care Business Plan

of opportunity for growth in the home care industry, given that more baby boomers are getting old and the rates of chronic illness are continuing to increase. One area not explored in this plan is the idea of training. In the long run, if the company gets big enough, it might have to consider training people who have no experience, and limited qualifications. Many aspects of the job are basic, but some require training, however, this might be the best way to get new people into the organization, by hiring good people and teaching them home care, rather than… Continue Reading...

The U.s Economy and Health Care

federal spending on healthcare is increasing rapidly. Demographic shifts bear some of the blame for that – the baby boomers are a massive generation aging into Medicare territory, a demographic time bomb on the nation's finances, given that seniors are the largest segment of health care spenders and that end-of-life care in particular is expensive (CBO, 2017). This paper will examine the impacts of health care on the economy, and seek to determine if there is a better pathway to health care delivery. Impacts on the Economy The exorbitant healthcare expenditure in America, and its consistent growth, is a… Continue Reading...

Women Coming Of Age in the 50s and 60s

teenagers handle the same. The treatise starts off by recounting what tended to happen when baby boomers were traveling through puberty. There is no understating the progression that is stated on the very first page, that being the shift from the post-war mindset and worldview of the parents of baby boomers and the sexual revolution that came in the 1960’s. The “mixed messages” that are referred to on that same first page are easy to fathom and expect given that quick and visceral shift. The use of specific examples like the movie Cleopatra and the book Lady Chatterley’s Lover… Continue Reading...

American Dream and Wealth Gap

credit-worthy applicants. For Main Street, this was mainly the case at least since the baby boomers came to age. For subsequent generations, predatory lending came about as the monetization of debt became another way for Wall Street to make money off Main Street. The American Dream prior to this was connected to the concept of upward mobility, but this too has been linked to the prospect of homeownership. Essentially, the American Dream has always been a dream about ownership of assets, of being at the minimum part of the middle class—a status that anyone could achieve in America so… Continue Reading...

Costs and Delivery Healthcare System

2018). Based on an article by Remak (2015), the increased healthcare costs impact baby boomers that live with chronic conditions, for instance diabetes, multiple sclerosis, lupus, rheumatoid arthritis, and hepatisis C. Notably, these increased costs of healthcare are forcing these patient populations to either choose to pay for their medication or paying for basic necessities such as food, clothing, and rent for themselves and their families. A number of health insurers, for instance, have started increasing the costs of patients’ important medications, which is positioning the cost of treatment past the grasp of several patients. Instead of paying a predetermined,… Continue Reading...

Differences Between Inferential and Descriptive Statistics

it include autonomy issues, privacy concerns, equity, and confidentiality concerns. For baby boomers the huge chronic needs of the elderly are expected to create new career opportunities through increasing demands for healthcare workers. Therefore, the probable HR needs in the next 10 years include more demand tech-savvy healthcare workers and those who can cater for the aging population. Inferential versus Descriptive Statistics Inferential and descriptive statistics are the two areas of statistics employed in analyzing data, particularly in studies conducted on groups of people. However, its critical for researchers to understand the differences between inferential and descriptive statistics. Understanding… Continue Reading...

Case Study Of Copper Coil

owing to generational differences. For instance, there is a major probability of conflicts and misunderstandings between baby boomers and millennials (Kapoor and Solomon, 2011). This implies that Copper Coil has been able to manage the generational issues that may arise in the workplace setting. This indicates that it has lowered the likelihood of these employees intending to leave the organization. Management has a role to ensure that the levels of stress within an organization are not extensive or detrimental. Well-motivated employees that do not face stressful workplace conditions are a mainstay towards enhanced organization’s competitive advantage, its profitability and… Continue Reading...

Why the Beatles Were Loved

in the 1950s and 1960s (Laing 10). The Youth Culture was made up of war babies and baby boomers: they wanted emancipation from the culture that had fostered the war era, which seemed to still be in play, even in the 60s and 70s, with Vietnam drawing a lot of criticism from the hippie movement and the youth movement in America. In physical terms, the Beatles were very young when they made it big. They were just barely in their mid-20s at the peak of their fame. They went from being four mop-headed British youths wearing dress jackets and… Continue Reading...