This report from Generation and the OECD analyses existing data and the results from an eight-country survey of employers, job seekers, and employees in Europe and the US. It finds that employers who would hire from the 45-64 age group are in the minority, with the length of a candidate’s experience not being a significant factor in interview decisions. Additionally, 70% of employers believe individuals over 45 struggle to adapt to technological advances. Notwithstanding this, most employers indicated that their existing employees aged 45+ performed as well as or better than their younger colleagues and learnt at a similar or faster pace. The report concludes by laying out 13 recommendations for employers, policy makers, and midcareer and older individuals to enable an intergenerational workforce.
Two powerful and persistent trends, longer lifespans and lower birth rates, all but guarantee that midcareer and older workers will make up an even larger portion of the future workforce, with profound implications for our economies, businesses, and workers.
Are societies adapting quickly enough to cope with ageing at an unprecedented scale?
In search of answers, the OECD and Generation, teamed up to develop new research based on a survey of thousands of employed and unemployed people, and hiring managers in eight countries: the Czech Republic, France, Germany, Romania, Spain, Sweden, the United Kingdom, and the United States.