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Symposium 2012

Solution for Expanding Job Opportunities for Senior Citizens

The Challenge

Bureau of European Policy Advisers (BEPA) Session The key socioeconomic trend in many parts of the world—including China, Europe and the United States—is an ageing society. This trend is driven i ...

Bureau of European Policy Advisers (BEPA) Session

The key socioeconomic trend in many parts of the world—including China, Europe and the United States—is an ageing society. This trend is driven in part by lower fertility but mainly by higher longevity. This means that growing old age dependency—the ratio of older retired people to younger working people—will not disappear with the passing of the baby boom generation: indeed, it will keep increasing.

Establish a national or international clearinghouse for best practices in retaining older workers.

A number of predominantly large companies have started to design and implement programs that aim to retain older workers and keep them productive for longer. It is in the interests of both companies and workers to create a trusting environment in which such topics as financial management can be discussed openly. Establishing a platform for exchanging experiences—a clearinghouse at the national or international level— would help to evaluate the programs and disseminate best practices, especially to smaller firms.

There is also a need for nonprofit organizations and NGOs to help workers in their retirement planning in an environment that would be more flexible but also potentially more complicated. The government could lead by example, developing a role model in how it engages and retains older workers. One element of policies to help senior workers remain in the labor market could be for employment agencies to develop innovative strategies for getting older workers back into employment. The performance of these strategies should be monitored and information on good practices diffused widely.

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    Symposium 2012

    Promote lifelong learning and age-appropriate career management as part of firms' corporate culture to improve the employability of older workers.

    Promote lifelong learning and age-appropriate career management as part of firms' corporate culture to improve the employability of older workers.

    Promote lifelong learning and age-appropriate career management as part of firms' corporate culture to improve the employability of older workers.

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    Governments and business should promote the redesign workplaces and work schedules individually to fit senior workers' skills and abilities.

    Governments and business should promote the redesign workplaces and work schedules individually to fit senior workers' skills and abilities.

    Governments and business should promote the redesign workplaces and work schedules individually to fit senior workers' skills and abilities.

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    Allow wages to adjust to lifecycle productivity and refrain from restrictive employment protection legislation that prevents such adjustment.

    Allow wages to adjust to lifecycle productivity and refrain from restrictive employment protection legislation that prevents such adjustment.

    Allow wages to adjust to lifecycle productivity and refrain from restrictive employment protection legislation that prevents such adjustment.

    Polity, Business
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    To facilitate partial retirement and downshifting, introduce more flexible working conditions, such as flexible rostering patterns, work schedules and part-time work, as well as flexible retirement schemes, including pensions based ...

    To facilitate partial retirement and downshifting, introduce more flexible working conditions, such as flexible rostering patterns, work schedules and part-time work, as well as flexible retirement sc ...

    To facilitate partial retirement and downshifting, introduce more flexible working conditions, such as flexible rostering patterns, work schedules and part-time work, as well as flexible retirement schemes, including pensions based on lifetime income or contributions and flexible drawing-down of entitlements.

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    Solution
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    Fight stigma and discrimination and correct popular misconceptions about the impact of age on employability and the impact of working longer on the labor market.

    Fight stigma and discrimination and correct popular misconceptions about the impact of age on employability and the impact of working longer on the labor market.

    Fight stigma and discrimination and correct popular misconceptions about the impact of age on employability and the impact of working longer on the labor market.

    Polity, Academia, Business, Civil Society