Philips Publication: Strategies for retaining older and experienced employees in the active work force

November 16, 2010

 

The world is aging rapidly. By 2050, a third of the population of developed countries will be over the age of 60 and nearly one in 10 will be over 80. This will result in a severe shortage of labor and falling output, health care costs will spiral and there will be a vast shortfall in pension provision. This paper looks at the extent of the challenges and at the measures that will be necessary to address them. It will look at how companies can encourage people to adopt better behavior throughout their working lives, to ensure that they can remain in active employment for longer. And at how the workspace can be redesigned to accommodate the needs of aging employees and the role technology can play. And it will look at the fundamental shift in attitudes that will be required to enable a work force made up of people of many ages to work successfully together.

 

"Strategies for retaining older and experienced employees in the active work force"