There have been many comments and analyses lately about how employers should handle the emerging youngest generation, usually referred to as Gen Y. But as the 77 million baby boomers begin reaching 65 years of age this year, they will present some unique challenges to employers.

On one side of the issue, there will be the continuing challenge of making sure your work force retains sufficient employees with critical skills and experience to benefit the operation. The well-publicized problem created by the coming retirement of large numbers of experienced air traffic controllers is an example. To address this side of the issue, employers are taking various steps to keep these valuable employees in their work force including flexible work schedules, restructuring of job duties and responsibilities, creation of consulting positions, and positive reinforcement and encouragement.