IMG SOURCE: https://www.awardstaffing.com/how-to-effectively-work-for-a-baby-boomer/
It seems like everyday a new article come out warning us about the future of mankind in the face of technology. Popular culture has lead us to believe that the future is bleak and that one day everything will be run by robots. Is there any truth in this belief? Who’s most at risk?
Research shows that older workforce jobs in China, Vietnam, and Thailand are at the highest risk of losing their jobs to automation (69% - 76%). Australia and Iceland have the lowest risk at 43%. The United States’ risk lies somewhere in the middle at 52%.
Indeed, developed countries are disproportionately affected yet, they are the places most in need of retaining this mature workforce. Millennials are getting married and having kids later, therefore employers will need older generations as a primary source of labour.
Companies won’t just need them for a source of labor, but also as an invaluable source of knowledge. Older workers possess human attributes that machines can’t replicate and years of experience using those attributes that younger employees haven’t collected yet. These veteran workers will help lead companies into the new age of smart technology with the lessons they’ve picked up along the way.
Furthermore, Mercer found that productivity was higher when groups were up mixed-ages and 60% of people over the age of 45 are actively investing in learning new skills at work. Because it’s cheaper for companies to retrain current employees in new roles rather than hire from the outside, the productivity and eagerness of boomers make them perfect for working alongside the newest tech.