Expect a vastly different workplace in 5 years

The aging population will have many needs, and the labor market needs to adapt. - www.fastcompany.com

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We are beginning to see shifts in the workforce that are influenced by an increasingly older population. Requests for more flexible schedules to care for aging family members. Vocal and much needed advocates calling out ageism in the recruitment process.

The rise of fractional executives to lead organizational functions, especially in start-ups. This is not a phase; this will be the new way of working. Here's why.



Global demographics are shifting. According to the World Health Organization, one in six people in the world will be 60 or older by 2030. While countries such as Japan and South Korea have acclimated to having a predominantly older population, the global shift is unprecedented.

Left unaddressed, these demographic shifts will impact the healthcare system, workplace productivity, and a country's GDP. These are all big issues that lead to longer, fuller discussions. Yet from a workplace perspective, there is much that can be done now to prepare for the inevitable changes.

Here are three aspects to consider. Support more flexible work schedules..

.. Honghao Deng.