Ageing Workforce Video Introduction

AGEING WORKFORCE VIDEO: Introduction

ARE YOU READY TO FACE THE CHALLENGES OF AN AGEING WORKFORCE?

By 2050, the number of people over 65 years old will triple and the number of those over 80 will quadruple. With sub-replacement birth rates in many locations, some countries will be more affected than others, but the availability and composition of the labour force across the world will change forever.

AGEING WORKFORCE VIDEO: INTRODUCTION

As more elderly people depend on working-age men and women, state benefit costs will rise and economies will suffer.

 

How will this affect your organisation?

 

It will be harder to manage HR, reward, and benefit programmes. You will have issues with retention and attrition of the right skills, succession planning, adequacy of pension provision, health and wellbeing concerns and alignment of rewards. You might also experience operational, employee relations, and legal challenges.

 

To survive, companies need to understand and prepare for these changes. HR programmes will have to meet the needs of multi-generational workforces, whether that means flexible work patterns and job designs or employee education to help share accountability for financial and health wellbeing.

 

If you would like to learn more, please speak with your regular Mercer consultant or contact the expert below.

 

Yvonne Sonsino
+44 (0)20 7178 3725

EXPLORE THE AGEING WORKFORCE VIDEO SERIES

Mercer has created a series of videos to help you understand the challenges that the ageing workforce present for talent management, pensions, and employee health.

TALENT MANAGEMENT

Next year more people are predicted to leave the workforce than join it. Talent management is about to enter a challenging new area, and developed countries will be hit hardest.

Watch the video >

PENSIONS

The concept of retirement is fundamentally changing and employers are beginning to face a real likelihood of a workforce that can’t afford to retire. The global retirement sector is not ready to meet these challenges.

Watch the video >

EMPLOYEE HEALTH

By living longer people are likely to experience more illnesses and increasing health care costs. Is your organisation ready to deal with the changes and opportunities of an ageing workforce?

Watch the video >


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INTERESTED IN KNOWING MORE?

  Get in touch with our expert  Yvonne Sonsino on +44 (0) 20 7178 3725 or email her for further information, questions and advice.

 

 

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