The working population is ageing, is your business prepared for the new challenges?
In this report, we will share how the change in global demographics is impacting the Future of Work, what we need to understand about the largest growing cohort of workers in their mid-to-latecareers or ‘sandwich generation’, and how different countries or companies are managing the needs of this cohort of workers.
Over the last twenty years, the UK has seen an increase of 4 million workers aged 50+ totalling 11 million workers today. Generation X (aged 43-58) employees now make up 33% of the UK workforce (Source: Office for National Statistics, UK) Notably, in 2023, for the first time in history, the UK workforce also began to look after more adult dependents over 65, than under 15 years of age.
Employers need to recognise this global shift in the makeup of their workforce, and adapt their benefits and well-being strategies.
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