to help older workers who choose to delay retirement will be critical for employers, governments, and citizens.
For instance, many older workers who are not yet ready to retire have begun demonstrating increasing interest in semi-retirement. In aof working Baby Boomers, the vast majority said they’d like to pursue some form of semi-retirement, with 79% expressing interest in a flexible work schedule, 66% in transitioning to a consulting role, and 59% in working reduced hours.
. And when seeking to understand a given labor market, leaders must consider not just how old people are, but also the flexibility of employment options and the varied rules and cultural norms that may influence different countries’ true retirement ages.Finally, it’s important to recognize that our common assumptions around different countries’ demographic makeups may be out of date.
These are critical considerations when identifying new markets for investment. Different countries will respond differently to these shifts, and business leaders would be wise to pay attention not just to the demographic trends of a given market, but to how its leaders are likely to react to them. With more and more elders to care for, will governments
the financial responsibility? Or will companies or individuals be expected to bear the burden? A country’s approach to managing its aging population can influence its potential as a talent pool or customer base in substantial and nuanced ways.Today’s business leaders and policymakers face countless sources of uncertainty — but when it comes to demographics, the future is clear. The reality of our
Not now FFS!
Travelled 6 hours in day, everyday to work for two years because loved the job and company. After changing 4 modes of transports. We didn't have it easy. By 28 already had my first house and experience in three banks.Nothing was served in a plate.
New, younger talent isn’t hard to find. Companies just aren’t paying enough and cant get away with near-minimum wage anymore. Sure, automate Junior roles but then who do you hire into middle and upper mgmt, if youve spent zero time training and investing in the future if your co