People are likely to live longer than ever before, causing workers to rethink their working hours relative to their retirement dates. Whether by choice or necessity, many workers are now extending their working lives beyond traditional retirement ages. Currently, an individual’s service life can extend to more than 60 years. The U.S. Bureau of Labor Statistics predicts that by 2031, nearly one in four workers will be over the age of 55, and workers over 65 will be the fastest growing group in the workforce. We estimate that there are. These social changes have created a multigenerational workforce. There will always be four or five generations of her in the workforce, now and in the future. How can employers adapt to these new realities and unlock the potential of a multigenerational workforce? Learn five best practices that are meant to serve as a source of inspiration for activating an age-inclusive culture.
Employers grapple with a myriad of workforce challenges, from productivity to attracting and retaining talent, but many are concerned about the future of work, including longer lifespans, an aging population, and a multigenerational workforce. You may have overlooked major changes to rebuild.
