IT Brain Drain

As baby boomers begin retiring in 2008, one in five human-resources executives expects a looming shortage of experienced IT talent, according to a new study by Deloitte Consulting.

The survey of 123 HR executives from several industries including health care, retail, technology, and telecom, showed that up to one-third of respondents expect 11% or more of their overall workforces to begin retiring when baby boomers start turning 62 over the next few years.

Fifteen percent to 20% of the surveyed HR executives expect those retirements to create "critical shortages" in IT talent functions within the next five years.


Ira S Wolfe