The Ageing Workforce – Leveraging the Talents of Mature Employees
Summary
For the next 15 to 25 years, in most industrialized countries the large Baby Boom generation will be reaching traditional retirement age and leaving the workforce. To respond to this exodus of talent, organizations must recognize the value of mature workers and develop strategies to retain and engage them.
Mature workers—generally defined as workers over age 50 or 55—have experience and skills honed during decades of employment. Retaining talented mature workers—and recruiting new ones—is simply good business for most organizations. This report helps you to understand and prepare for these demographic changes so your organization can leverage the mature workforce as a valuable competitive advantage.
This is the 20th report in the SHRM Foundation’s Effective Practice Guidelines series.