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The future of work may become more about the changing and aging demographics in the office than about hybrid, flexibility, or nomadism. What's really going on is that under the surface of a lot of people doing really well career and business-wise, with pensions and full 401ks, there are millions who either never had access or the resources to climb that ladder up. The demographics at the office will change and reflect the overall aging population - the number of people in the labor force who are 75 and older grew 53.7% from 2010 to 2020 and is projected to grow 96.5% between 2020 and 2030. This is the only age group projected to increase its share of the workforce, from 8.9% in 2020 to 11.7% in 2030. There will need to be thought and conversations around how to best structure benefits, inter-generational mentorship, how best to communicate and set expectations, and best practices for leading this type of workforce going forward. Think about that for a minute... working later in life can definitely be beneficial but more people need to think now about what their later years are going to look like, what it will consist of, how that time will be spent. And they need to adjust today to make it happen, secure that freedom and flexibility with action now. What are your thoughts? #money #finances #linkedinfinance
Sam Panini
1 年
I think this is highlighting that the concept of “retirement” was a flash-in-the-pan relative to the long lens of history. The structural forces of the Industrial Revolution, two World Wars, and ambition for a Great Society converged to generate a virtuous desire to avoid the elderly languishing in poverty by saving the accumulated largesse of capitalism. That hoped-for reality for people under the age of 50 seems be diminishing due to rising costs (living/healthcare), inequality, and technology-enabled life.
Ariel Serber My 87 year old father still works full time as a CPA, not because he has to but because he really loves it, bli ayin hara.
Anatoly Zaslaver
1 年
By reading this one thought crosses my mind: the best time to plant a tree was 30 years ago, and the second best time is NOW. This is an important one Ariel!
Marketing Leader (CMO, SVP) | Business Builder, Advisor, & Investor | Prime Life Podcast Co-Host??| Startup Investor Events | Growth Marketer?? | Digital Marketing | Customer Acquisition | I Stand with Israel ????
1 年The money earned may or may not be important to a specific person but keeping your mind sharp/engaged, being social, and staying active are important parts of aging well. As for the workforce one way or another we are going to see more "older adults" working longer and later. The demographics are shifting and the economy will need people to keep things humming along. It is going to be exciting and interesting to see how organizations adopt and change.