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ThinkPaper 2

Age-diverse workforces.

Five Generation Juggle

June 2015

What are the top challenges facing age-diverse workforces and how do organisations unlock the rewards?

An “age-diverse” workplace isn’t one that just embraces older workers as our average age of retirement slowly rises. In fact, many workplaces already have five generations working side by side. The Australian government’s recently launched 2015 Intergenerational Report calls for employers to respond to an aging population by embracing an older workforce, or “grey army”. With Australia’s population predicted to reach nearly 40 million by 2055 , 25% of people will be over the age of 65 and likely to work longer and delay retirement.