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Ageing Workforce

The Australian workforce is ageing, creating new challenges for organisations.

Overview

The Australian workforce is greatly transforming with mature workers now retiring later and considering career changes. The average retirement age is being pushed back and older Australians are participating in the workforce. This might not appear obvious at first. However, Australia is managing an ageing workforce. It is predicted that a quarter of Australians will be 65 years or older by 2050 (Australian Human Rights Commission). This shift in demographic can bring new challenges and opportunities to the workplace. Organisations have legal obligations to monitor the health of workers and implement strategies to support them when they know or ought reasonably to have known of a worker’s physical and psychological conditions or difficulty within the workplace.

Program Objectives & Key Outcomes

Workplace Risk support employers to take a new approach to the ageing workforce including;

  • Building meaningful workplace transition programs that are industry specific and align with workplace culture and needs
  • Upskilling and reskilling strategies
  • Developing the policies, resources and templates to support transition programs and manage risk
  • Executive engagement sessions to support workforce planning and interventions specific to the workplace
  • People Manager capacity building through training to support better conversations, proactive transition management and intervention for at risk team members
  • Team member education sessions designed to empower the workforce to make more informed decisions regarding their own transition process based upon the holistic elements of wellbeing
    • physical health
    • psychological wellbeing
    • cognitive capacity
    • social wellbeing
    • financial literacy.