An old workforce is defined as a work force that is at nearly an average of 40 years and older. These are the part of the workforce in an organization that are 40 years, or older, and in most cases, are not in the junior staff of the organization, but are mostly in the managerial roles of the organization. At the workplace, there are several impacts of hiring an ageing work force to render their services at any level of service in the organization. The impact of hiring an ageing workforce is both on the positive and negative side of the organization in terms of the merits and demerits of the ageing workforce’s impact to the organizational activities. First and foremost, of consideration will be the merits of the ageing workforce. …show more content…
Firstly, there is a misconception that the old workforce retires very soon after being employed in an organization. This if false as not all of the old workers are interested in retirementvas not all of them views it as a viable option as not all have saved enough to quit their job. Moreover, some people have passion in their work, and thus are not ready to retire. Furthermore, there is the misconception that an older workforce is characterized with many errors at the work place as they are old. This is a misconception since most of the aged workers have much experience in their area of service, thus, they are more accurate in their work, disputing the misconception that they are associated with errors. Another misconception about the old workforce is that the organizations that have an old workforce will be discriminated against and as a result, might lose out on competition to the other organizations with younger workforce. This is false as there are many attributes associated with the old workforce that most clients might find attractive such as work ethic, courtesy and …show more content…
First and foremost, the organization should put in place procedures that are meant to minimize the shortfalls that are usually associated with the older workforce in an organization. For example, reluctance to change that is characteristic of the older workers can be solved by explaining to them the various merits associated with the proposed change in the organization. Moreover, there should be benefits and motivation of the old workforce so as to retain them; thus continue to enjoy their benefits in the organization such as experience and mentorship in the organization. There should also be disciplinary measures to curb some of their negative attributes in the organization. With regard to the human resource role with regard to the older workforce, it has various roles. Some of them include implementation of the organization plans as it is the human part of the organization that is charged with the role of implementation. Moreover, human resource is responsible for developing talent in the organization, recruitment, selection and introduction of workers to the organization. Moreover, it is charged with monitoring and rewarding performance in the
My current employer has multigenerational workforce from baby boomer to Gen Y. According to Shroer (n.d.) the baby boomer were born from 1945 to 1964, which would make the generation with 71 million people who were 20 years apart in age. The baby boomer life experience were completely different bonded by the Kennedy and Martin Luther King assassinations, the Civil Rights movements and the Vietnam War.
Older workers have been lifesavers to employment when it comes to training and experiences. For many nonprofit organizations, older workers have a strong belief in the nonprofit’s causes like mission and purpose to make a difference in the community; younger employees are motivated by getting that next promotion and raise. It is important to remember that ADEA prohibits any company to advertise a certain age for a position, allowable training to younger employees, and forcing retirement at a certain
For the purpose of this paper I will be addressing the Federal Government as one entity. This briefing will address the issue of an aging federal government workforce and how to attract and retain younger employees as evidenced by available research. As a federal government worker at the Department of State, my organization’s mission is to promote American foreign policy throughout the world. To ensure the continued serves to our nation, it is imperative that we plan for the future workforce. Aging population across the world will continue to pose a challenge for organizations.
Majority of them are poor and work very dangerous jobs. If you are past sixty-five years of age then you are considered elderly. It is not normal for anyone to make it past age sixty-two. Most of the elderly who retired lost more than half of what their retirement would have been. Many of them had to go back and work again and change their plans.
Businesses have reported challenges in integrating the Generation Y employees into the Baby Boomer culture. The Generation Y, also known as the Millennials form the latest generation of workers entering the job market. However, dealing with them is quite complex, which means managers balance both the expectations of the millennials and company objectives to achieve optimal performance and productivity. This report seeks to provide insight on recruitment, management, and retention of the Generation Y employees to Baxter Electronics, a Chicago-based software manufacturer. This report will also discuss the characteristics of the Millennials and provide recommendations for managing and retaining them in the workforce.
Human Resource Management Student: Vera Lopez LP1.1: Strategic Plan Paper Human Resource Management strategy must match the organizations goals. Human Resource Management is operated as a company within itself in which policies and activities are established and measured within the mission and strategic objectives of the organization. The scope is to assist with all activities related to staffing and maintaining an effective workforce (Bernardin, & Russell, 2013). One critical area involving Human Resource is organizational design that is critical for an organizations overall strategic plan. Organizational design is defined as “the arrangement of work tasks based on the interaction of people, technology, and the tasks to be performed in the context of the mission, goals, objectives, and strategic plan of the organization” (Bernardin & Russell, 2013, p.11).
There are a number of socioeconomic issues this condition creates. One is that the growth of an economy is predicted by economists using two statistics, the size of the workforce and its level of productivity (Hoagland, 2017, p.17). In advanced economies, as the population moves to a higher concentration of older adults, a larger percentage of the workforce retires and is not replaced, shrinking the size of the workforce. Unless these workers are replaced through immigration or productivity increase offset this decline in workforce size, the economy will contract. One other factor that may influence the size of the workforce is young adults entering the workforce.
Ageism is a serious problem in today’s society. Ageist stereotyping happens today just as it did in the stories I read. We need stereotypes to a point, but it goes too far when the stereotype is wrong. Especially, ageism because people group others into vast age categories that are often wrong. The stereotype may be wrong for more than half of the people in the age group that’s why ageism is unjust.
A business undergoes the process of converting to an environment that does not only teach millennials how to be their best, but how to look back on past generations and learn from their mistakes. The millennials need more exposure to more fulfilling and old fashioned times, so that they can fix themselves and work more efficiently in a corporate
The Age Discrimination in Employment Act of 1967 prohibits employer for age discrimination. The U.S. Congress assembled this act to protect applicants. The law prohibits any aspect of discrimination such as employment, which includes hiring process, layoff, firing, job assignment, pay and promotion other term or employment condition. I found the website with rich of information on how to take care of people who are at the age of forty years old or older. It reminds me of the Philippine culture.
Intergenerational issues in the workplace can cause tension between the employees and employer. Millennials feel that it is harder to grow and develop their careers in organizations because of this problem due to an absence of guidance from other generations in higher positions. Where Millennials feel lack of guidance, Baby Boomers and Generation X feel that Millennials entering the workforce are directly after their positions, therefore causing a strain on workplace relationships between employees. If intergenerational problems in the workplace continue to remain unsolved, it can and will cause disruption within the organization. Productivity can decline due to low cooperation between multigenerational employees resulting in lower efficiency and completion objectives leading to disruption within the organization.
Younger employees can assist older employees by sharing new ideas whereas older employees can share positive qualities including experience, judgment, strong work ethic and commitment to quality. By this way it is possible to reduce age discrimination in the workplace. But the main role will be played by organization by maintaining the good relationship between
In a company Human Resource is a very important part of the strategic plan. The HR department is the go-to when a company decides how to approach a problem or gain Ideas. If there needs to be hiring, the HR department will take care of it. They will provide the proper training and tools to achieve the organizations goals. There must be a strategic plan put in place that way everyone is on the same page internally within the company to be successful outside of the company.
Administration and operations are the two major areas covered under HR. Human Resource Management is a wing of the organization, which is formulated to maximize the employee performance in serving the employer’s objectives. HR concentrates on people management within the organization. HR departments carry out the activities like employee benefit schemes, design employee recruitment procedures, training and development methodologies, managing performance appraisal of
It could be applied for retaining an ageing workforce to promote continuity of care, and retain more experienced HCP in the workforce. The experienced HCP would act as role model among young HCP, and pass their knowledge and skills to them and subsequently improve the quality of healthcare services. They would decide to stay in the organization because of familiarize of working culture and appreciated, and they might not be able to get high salaries in other organizations due to high competition. However, more money does not indicate higher motivation. Therefore, additional retention strategies for HCP should be