Ageing Population and Ir
The aim of this paper is to discuss the ageing population in the workforce and the shift toward non-standard employment arrangements. This essay will first explore how work has changed, the issues and the implications for an ageing population in the workforce and will be followed by an explanation on how employment arrangements and the workplace has changed, the issues of this transformation and also implications. This paper will conclude by giving recommendations on the issues raised by the ageing population of the workforce in Australia, these will focus on how can employers better handle the influx of older employees and also what the Government can do to help both employees and employers adjust to the ageing workforce and its demands. Non standard employment arrangements will conclude by giving recommendations on courses of actions that employers could do to better address this controversial issue.
Ageing population
Ageing population rates are increasing and fertility rates are decreasing in Australia (Productivity Commission 2005, p.15). Mature workers have been at the centre of policies designed to promote higher workplace participation, longer working life and enhanced savings for retirement. (Toten 2003, p.30). Since the mid 1990s in Australia, the elimination of mandatory retirement in all states has paved the way for increasing the opportunities and representation of older workers in the workforce.
It is estimated that by 2047, the number of Australians aged 65 and over will nearly double to 25%. This increase will be reflected in our dynamic workforce and will likely result in more people working for longer than they are today. Recently, the Australian Government announced an increase in the eligibility age for the age pension. This change is likely to result in workers postponing retirement – since we are living longer than before we will have to work longer than once originally thought (Aus Government 2009, p. 9). Currently there are many
Ageing population
Ageing population rates are increasing and fertility rates are decreasing in Australia (Productivity Commission 2005, p.15). Mature workers have been at the centre of policies designed to promote higher workplace participation, longer working life and enhanced savings for retirement. (Toten 2003, p.30). Since the mid 1990s in Australia, the elimination of mandatory retirement in all states has paved the way for increasing the opportunities and representation of older workers in the workforce.
It is estimated that by 2047, the number of Australians aged 65 and over will nearly double to 25%. This increase will be reflected in our dynamic workforce and will likely result in more people working for longer than they are today. Recently, the Australian Government announced an increase in the eligibility age for the age pension. This change is likely to result in workers postponing retirement – since we are living longer than before we will have to work longer than once originally thought (Aus Government 2009, p. 9). Currently there are many
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