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. While some of these organizations are adapting to the evolving needs of this multi-generational workforce, most are unprepared, and many are completely unresponsive.
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