As the global population ages, employers are faced with a severe choice: either continue to work as they did in the past, suffering from skill shortages and reduced returns, or adjust the working environment and business strategy to meet, meet and benefit from the needs of the elderly workforce.
The population is aging, but still productive
The world is in the process of great population change. Advances in medicine and technology have made humans healthier, more productive, and longer lived than ever before, and fertility is falling as individuals delay raising children for educational and professional development.
This has rapidly increased the dependency ratio of the elderly - the ratio of individuals aged 65 and over (usually non economically active dependants) to those aged 15-64 (working, taxable individuals). By 2030, the number of dependants in the EU will increase from 21000.38 to 1.57 by 2050.30.
This shift has had a huge impact on the economy and society, and until recently, the traditional view has been negative - how can today's state and society continue to operate with so many dependants? Fortunately, however, attitudes are changing. Facts have proved that compared with previous generations, the elderly are more capable and willing to contribute to wealth creation, which has overturned the traditional concept of dependence.