This year, Global Talent Hub conducted a comprehensive piece of research based on the insights of 1,680 managers across Europe and internationally to understand how older workers, particularly those aged 55 and above, are perceived, valued, and supported in today’s labour market.
Demographic change is shaping the labour market in most industrialised countries, particularly in Europe. On the one hand, the proportion of older workers is rising steadily. On the other hand, the shortage of skilled workers is becoming more acute, as more people have been retiring than entering the labour market. Ageing and skills shortages affect the whole of Europe.
At the same time, technological change and artificial intelligence in particular are rapidly transforming the world of work and its requirements. Lifelong learning is becoming even more important, and maintaining employability is becoming more challenging, even for older people who did not grow up with these technologies.
This study examine show companies are dealing with demographic change. How do they assess the potential of older employees, and what are they doing to attract, promote and retain older employees? From the companies‘ perspective, what would be important in order to tap into the potential of the 55plus workforce more effectively?
More than 95% of the responses came from Europe, with the main countries being Switzerland, France, Germany, the UK, the Netherlands and Spain.
