Demographics and longer schooling mean too few young people to grow businesses; so organisations need to hire and retain older people to fill the talent gap. This is not a new problem, but few organisations have responded. Certainly, there are challenges, such as unconscious bias. “It’s this automatic assumption (that) in your late 50s you’re on a downhill slope and you’ll soon be gone, so let’s focus on everyone else” says Ros Altmann. That extends to opportunities for promotion and learning. But we’re in a new world, where the older generation have higher expectations of themselves and their workplace.
Considerations for an aging workforce.