James Weil, National Expert on Business and Aging, To Conduct Free Workforce Aging Forum at Toyota Motor Sales, U.S.A., Inc.
WESTPORT, Conn.--March 20, 2003--Hear about the Aging of the Workforce and
Its Implications To Employers
If present trends continue, America will experience a labor shortage of 4.8 million workers in 10 years and 19.7 million in 20 years, according to the Employment Policy Foundation.
To help employers prepare for the profound implications that the aging workforce will have on their organizations, James Weil, one of the nation's foremost authorities on issues of business and aging and LifeCare's Managing Director of Successful Aging, is conducting an informative forum entitled The Clock is Ticking, What Will You Do? on Friday, April 11, 2003, at Toyota Motor Sales U.S.A., Inc., 19001 South Western Ave., Torrance, CA. Attendance is open to all those who are interested in this subject, and admission to the Toyota-sponsored forum is free.
"The aging population continues to impact every facet of our lives. From increased healthcare costs to a restructuring of the traditional family dynamic, our nation's shifting demographics are changing the way we think," says Weil. "And nowhere is this more evident than in the American workplace." Among other topics, Weil will address how employers can:
| -- | retain their most valued employees; |
| -- | develop strategies for maximizing productivity of aging workers; |
| -- | discover what incentives and benefits older workers value most; and |
| -- | implement creative ways for leveraging the ongoing value of the retiree population. |
"As a worldwide and progressive company, the continued strength of the Toyota workforce is key to maintaining our leadership position in the automotive industry," says Elizabeth Hall, Work/Life and Communications Manager, Toyota Motor Sales, U.S.A. "LifeCare offers an innovative solution that benefits employers and employees, and we're pleased to sponsor the LifeCare forum on the aging workforce to learn first-hand how to enrich employee benefits offerings while minimizing the impact of potential workforce shortages."
The forum begins at 8:00 a.m. and will conclude at 10:30 a.m. Seating is limited. Those interested in attending should call 203-291-3512 or write to mgeraghty@lifecare.com.
About James Weil
Weil is recognized as one of the nation's foremost authorities on issues of business and aging and serves as LifeCare's Managing Director of Successful Aging. Prior to joining LifeCare, Weil held senior positions in marketing, sales, and strategic planning, and he established MetLife's Long-Term Care Insurance business. In 2000, he co-founded and was named President of Vital Aging, a caregiver information and resource company, formed as a strategic partnership with the National Council on the Aging. He is also co-founder and former chair or the Business Forum on Aging, a member of the Board of Directors and Secretary of the American Society on Aging, and serves on the boards of Elderhostel and the National Alliance for Caregiving. Among other positions and appointments, Weil has served on the Long-Term Care Advisory Boards of the States of Florida, Texas, and New York, and the Employee Benefits Research Institute. His work as a balanced and passionate advocate for successful aging earned him the 1998 Humanitarian Award from the National Silver Haired Congress, and the Leadership Award from the American Society on Aging.
About LifeCare(R), Inc.
LifeCare, Inc. is one of the largest privately owned employee benefits organizations and a leading provider of Life Event Management(sm) Services. With more than 18 years of experience in delivering highly personalized resource and referral services, LifeCare helps employees manage the day-to-day challenges of their lives. In turn, LifeCare helps employers improve employee commitment, recruitment, retention and workplace productivity. For more information, visit www.lifecare.com.
About Toyota Motor Sales, U.S.A.
Toyota Motor Sales (TMS), U.S.A., Inc., is the sales, marketing, distribution and customer service arm of Toyota in the United States and is a subsidiary of Toyota Motor Corp. Through a network of over 1,400 Toyota and Lexus dealers, it has achieved sales of more than 1 million vehicles annually over the past 13 years. TMS' goal is to become the "most successful and respected car company in America." Toyota Motor Corp. and its manufacturing subsidiaries produced more than 6.17 million vehicles worldwide in calendar year 2002, Toyota vehicles are manufactured in 27 countries and are renowned for their quality, reliability and value. Toyota is the third-largest vehicle manufacturer in the world and fourth-largest automaker in North America.