Australia is looking to its older people and women to solve the economic problems forecast in the latest Inter-Generational Report.
The Treasurer Joe Hockey says in the report “to drive higher levels of prosperity through economic growth, we must increase productivity and participation … to achieve these goals we need to encourage those currently not in the workforce, especially older Australians and women, to enter, re-enter and stay in work, where they choose to do so” (IGR 2015 liii).
To meet the challenge of retaining or hiring older workers (those aged 45 years or more), what conditions do older workers of both genders prefer, and what can be done to encourage their interest in working longer?
Particularly consider:
• How the human capital should be best developed,
• Individual retention or employment strategies and
• How more older workers could change an organisation’s capability.