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The world’s population is aging due to a lower birth rate and increased longevity. This has important implications on the economy, healthcare, as well as the workforce. In the United States, the number of workers 50+ has, in fact, increased 80% in the last 20 years with those 65+ tripling in this same time period. More than 40% of the 65+ employees intend to work for five or more years. This has resulted in a workforce of five generations that presents new challenges for their employers.
The ‘Next Wave’ Is Coming—Bitcoin Breaks $30,000 As $15.6 Trillion Wall Street Flood That Will ‘Dwarf’ The Last Crypto, Ethereum, XRP Price Bull Run Is Revealed· What are common desires among employees across generational groups?Some of the key findings are: Thriving intergenerational workforces demand the power of both fluid intelligence and crystallized intelligence . Employers who provide on-ramps to roles that increase crystallized intelligence will be rewarded.
In order to disrupt the stereotypes in ageism employers must encourage cross-generational conversations and incorporate crystallized intelligence skills like teaching, coaching, and advising into roles for older workers.Companies need to maintain job quality and flexible work options. Older workers enjoy the opportunity to connect with their colleagues in offices such as co-working spaces that provide the ability to do so.Organizations must encourage training and career development for all ages.
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