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America Aging Work Force

In: Business and Management

Submitted By MBA16
Words 1109
Pages 5
As the U.S. population is becoming gradually diverse, so its’ workforce. With these changes, expecting to continue for many years, it is imperative for any organization’s success to value the difference of today’s multicultural society, respect the uniqueness of eachother and to maintain an environment in which everyone is being treated with dignity. To achieve this, one need to recognize the U. S. workforce demographics and most importantly, understand the impact of a diverse workforce in the business world. Companies are being faced with various challenges and benefits resulting from a workplace with different demographic attributes; Demographic traits like aging. According to the bureau of labor statistics, 55years to 64years old individuals represent 60% of the workforce and 65years, older individuals represent 17.7% of the workforce (bureau of labor statistics, 2013). These statistics show that, the U. S. aging workforce that represent both a challenge and opportunities for industries.
1. What changes in employment relationships are likely to occur as the population ages? Researchers have shown that with age come positive workplace behaviors. For instance, older employees are likely to demonstrate exemplary ways such as volunteering, a higher respect for safety rules, lower work injuries and lower counterproductive behaviors. They are also likely to show strong commitment and work ethic at work. Nevertheless, the relentless fight to changes and struggle to adapt to new customs represents adverse effects that are expected to occur as the population ages (Stephen & Timothy, 2013).
2. Do you think increasing age diversity will create new challenges for managers? What types of challenges do you expect will be most profound? Managers will face new challenges due to an increase in age diversity. Because of the potential generation gap between younger…...

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