Global Megatrends Insight Highlights Series - Page 4

1Geopolitical & economic uncertainty This increasingly multi-generational workforce has huge implications for employers; how do you attract, retain and manage employees of such widely differing ages, who are likely to have different priorities, skills and preferences? With Millennials and Generation Z very much in the spotlight, many employers will be focussing on how to cater to the needs of younger generations. They’ll want to do their homework as they may feel unfamiliar with what younger people want from their jobs and organisations. However, the most radical change in terms of age in the workplace is the fact that people are living and working longer than ever before. The retirement age has risen steadily over the past decade and will hit 67 by 2028. need to be filled. But a lot of talent remains untapped because older people are not being given access to the opportunities they deserve. All of this means that employers must focus on the needs of every generation and understand what it is that people really want from their jobs. We need this growing army of older workers; by 2022, 14.5 million jobs will be created, but only 7 million younger workers will enter the workforce, leaving a gap of 7.5 million that will