Challenging Ageism in the Age of No Retirement: Leading Workplace Trends Globally

In the ever-evolving world of work, the demographic landscape is undergoing a significant change. With more adults choosing to work past the traditional retirement age, the workforce is skewing older. This trend is particularly prominent in the United States, where older adults are the fastest-growing part of the workforce.

Contrary to popular belief, older workers are not technology averse. They are adaptable and willing to learn, and by changing upskilling and learning techniques, companies can accommodate an aging workforce. Recognizing the values that older workers bring can create a thriving five-generation workforce.

However, older workers are facing ageism in the job market and the workplace. This issue is a concern that is being raised in the context of workforce management. Measures to prevent age-related discrimination in the labor market are crucial. Legal protections such as the prohibition of termination solely due to reaching retirement age under German law (§41 SGB VI) and the General Equal Treatment Act (AGG) are in place. There are also demands for strengthening the AGG to include better controls and sanctions against age discrimination in both private and public sectors. On a broader level, EU anti-discrimination directives require member states to implement clear measures against age discrimination in all life areas.

Integrating older workers is supported by promoting lifelong learning, adapting workplaces, and recognizing their potential to mitigate labor shortages. The longevity of older workers adds value to the workplace, and a new ILO report suggests that a greater investment in care could create nearly 300 million jobs.

As we navigate the legislative trends shaping workforce management in 2022, it's important to remember that older workers do not cost more than younger workers. In fact, they bring a wealth of experience and stability that can benefit any organization.

In honour of International Women's Day, women are sharing experiences of biases they have encountered in their working lives. This serves as a reminder that while progress is being made, there is still work to be done to create a truly inclusive and equitable workplace for all.

This week, there is a full breakdown of top headlines, including the celebration of International Women's Day and the ongoing discussions about the legislative trends shaping workforce management. For more insights on creating a thriving five-generation workforce, read more at Harvard Business Review.

Challenging Ageism in the Age of No Retirement: Leading Workplace Trends Globally