AARP released a survey that revealed multiple findings on global executives and company recruiting practices, including a key finding that 83 percent of global executives believe that multigenerational workforces are crucial to growth and the long-term success of their companies. This study, titled “Insights from Global Employers: The Future of Work is Living, Learning and Earning Longer,” which can be found here, surveyed almost 6,000 employees in 36 countries.
 
Over 70 percent of the survey data was compiled during the pandemic, but it was conducted in fall 2019 as well. The first wave in November 2019 surveyed 1,760 employees, and then the second wave was in April and May 2019, when it surveyed 4,238 employees.
 
"As people live longer, healthier lives, they're also working longer – a long-term trend that presents a great opportunity for employers and people of all ages to reimagine what it means to earn and learn over a lifetime," says Jo Ann Jenkins, AARP CEO . "Research shows that age-diverse workforces have a positive effect on employee engagement, productivity and the bottom line. It is heartening to see that business leaders around the world recognize this value, even as we've been concerned the pandemic could fuel ageism."
 
The survey also found 53 percent of the employers surveyed do not yet include age as a factor in their company's diversity and inclusion policies. However:

  • 70 percent favor taking steps to promote unbiased recruitment practices.

  • 74 percent would provide training and lifelong learning opportunities for older employees.

  • 68 percent would purposefully design mixed-aged teams to leverage the advantages that both younger and older employees bring to the table.

  • 54 percent are providing more flexible work arrangements, including teleworking. 

 
This new survey from AARP is also a continuation of  Living, Learning, and Earning Longer Collaborative Initiative, which is a partnership between AARP, the Organization for Economic Cooperation and Development, and the World Economic Forum. The partnership launched in 2019 and looks to promote and find inclusive multigenerational workplace practices around the world.
 
More on Loyalty360 on partnerships:

Recent Content