Age diversity and an ageing population in a new age management strategy - Essay Example

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Age diversity and an ageing population in a new age management strategy

The new holistic age management strategy provides a new perspective of viewing employee capacity. This has been different from the previous fixed retirement age with the notion of younger breeds of employees are much better than older ones, since the former was perceived as aggressive, more innovative, more creative, and are thus, more productive. The statistics posed by UK labour force indicative of a necessity for UK to attract 2.1 million entrants to the adult workforce signifies the adult's demand for these jobs, and hence, a designed HR strategy focussing towards this scenario. The holistic management strategy suggests a more participatory stance for the ageing population. However, as the UK has a default retirement age of 65 alongside limited opportunities for older workers leading to the inference that the demographics are not in employers' favour, it goes to say then that a tighter law must ensure the welfare of the aged employees in terms of retirement (Blyton and Turnbull 1992). For the organisation, this would suggest a restructuring of retirement scheme, extending the retirement age for employees while others might continue with their phased retirement, caused by a not too stringent policy on retirement. As the report concludes that the need can be met only through a combination of most adults working longer and an increase in the number of adults, such as unemployed people and mothers re-entering the labour market, the organisation will be impacted with retraining of these people who used to be outside the work force for a long time. ...Show more

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The new holistic age management strategy provides a new perspective of viewing employee capacity. This has been different from the previous fixed retirement age with the notion of younger breeds of employees are much better than older ones,…
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Age diversity and an ageing population in a new age management strategy essay example
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