Wednesday, October 9, 2013

OzHR #6 - The Ageing Workforce

On the first ever Global Ageing Index, Australia has been ranked as 14 out of 91 - not too bad in the scheme of things. But in the break down of Australia's ranking, the economic security comes to 57th.

Taken from the website, this graphic explains their rating of Australia's Economic Security for the Aged:


And yet, Australia is ranked as 4th for its Employment and Education of the Aged:


That's great news in  a way - although suffering from economic insecurity, employment isn't impossible. But by 2050, 28.9% of the Australian population will be over 60 years old. That's almost a 10% increase from Australia's current percentage of 60 year olds and over. With all of these factors, it makes me wonder will Australia have greater welfare for the ageing population, or will people's economic security come to rely further on employment? My bets are on employment.

So as a bunch of people interested in managing people, let's talk about managing the ageing workforce of Australia.

The chat will be Thursday 10 October, starting at 7pm AEDT. Now we're in daylight savings time, find your city (or corresponding time zone) below, for the starting time:

7pm - Sydney, Canberra, Hobart, Melbourne (AEDT)
6:30pm - Adelaide (ACDT)
6:00pm - Brisbane (AEST)
5:30pm - Darwin (ACST)
4:00pm - Perth (AWST)

Just make sure to pop a #OzHR in your tweet so we can see it, and be sure to invite others along for the ride!

This week's questions are:

1.  Are there different motivators for the aged workforce? How would you meet them?

2. How can you see the 'digital divide' affecting the current and future aged workforce?

3. If you knew that 35% of the workforce was going to be in poverty after turning 60, would you do anything differently for your staff today? What would it be?

4. How would you manage the impression of an aged worker employed by your organisation to perform a menial job? (Think of what you tend to see in developing countries... i.e. this 75 year old man working in a coffee shop in Singapore.)

See you then,
Sarah

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