Industry News

ADP Research Institute Study Shows 18 Percent of U.S. Workforce May Retire Within Five Years

Research indicates several industries could be facing a significant loss of skilled talent over the next five years

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ADP, a leading global provider of Human Capital Management (HCM) solutions, announced the findings of Age and Retirement Benchmarks: Key Analytics that Drive Human Capital Management, a new ADP Research Institute report on age and retirement benchmarks in the U.S. workforce. According to the research, assuming an average retirement age of 61 years, as much as 18% of the U.S. workforce could retire within the next five years. The six industries studied ranged from a low of 9% reaching retirement ...

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