Aging Workforce

The aging workforce refers to the increasing number of older individuals, often baby boomers, who remain in the job market. As life expectancy rises and retirement age trends shift, many older employees choose to work longer, bringing valuable experience and skills. This phenomenon presents both opportunities, such as mentorship and knowledge transfer, and challenges, including potential skill gaps in technology and adapting workplace policies for age diversity. Organizations must navigate these dynamics to create an inclusive environment that leverages the strengths of all age groups while supporting aging workers’ needs.