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By The Numbers: Expertise walks away

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in Human Resources

Employers are dragging their feet when it comes to capturing the knowledge of soon-to-retire baby boomers.

Organizations with a formal process for transferring
knowledge from retiring boomers to other employees       4%

Organizations with an informal process of 
transferring knowledge from retiring boomers
to other employees                                                             23%

Organizations with no knowledge-transfer process
but with plans to implement one                                         29%

Organizations with no knowledge-transfer process
and no plans for one                                                            44%

Source: Novations

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