Everything old is new again. Here’s a quote about the release of the ‘new’ intergenerational report out today:
The Government says improving workforce participation, skills and infrastructure are the keys to growing the economy and ensuring productivity improves.
We’ve been tuned into intergenerational reports for over seven years now; our business SageCo is pretty much based around this unprecedented demographic shift in workforce population. We’ve heard countless renditions of the same message; it’s not new news.
What is new is the approach that some organisations are taking to increase workforce participation of workers in ‘late career’. Interventions like:
individual phased retirement development plans
flexible working contracts
company sponsored retirement coaching
knowledge transition programs for specialists
job re-design
elder care leave
But if we have any hope of increasing workforce participation on a large scale, these solutions and more need to be part of the mainstream workforce management plans - not just special programs.
And another thing - we agree with SmartCompany, the ‘ageing generation’ is an unfortunate and unhelpful label. In the same way that this generation helped define the term ‘teenager’, they are redefining the notion of ‘retirement’.
Lumping an entire generation into the “ageing” category is extremely limiting. Within this old fuddy-duddy group you have a huge array of very wealthy, sophisticated people with masses of money to spend – or leave behind. You also have a deep skill set, leadership skills and acquired wisdom.
Intergenerational regurgitational
Posted by Catriona in Commentary on February 1st, 2010
Everything old is new again. Here’s a quote about the release of the ‘new’ intergenerational report out today:
We’ve been tuned into intergenerational reports for over seven years now; our business SageCo is pretty much based around this unprecedented demographic shift in workforce population. We’ve heard countless renditions of the same message; it’s not new news.
What is new is the approach that some organisations are taking to increase workforce participation of workers in ‘late career’. Interventions like:
But if we have any hope of increasing workforce participation on a large scale, these solutions and more need to be part of the mainstream workforce management plans - not just special programs.
And another thing - we agree with SmartCompany, the ‘ageing generation’ is an unfortunate and unhelpful label. In the same way that this generation helped define the term ‘teenager’, they are redefining the notion of ‘retirement’.
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ageing workforce, graying workforce, intergenerational report, retirement
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