7
in10
7
in10
WORKERS
say they like working
with generations
other than their own.1
72
%of workers age
45-74 expect to
work in retirement.2
5
generations
working
together today.
7
in10
7
in10
WORKERS
say they like working
with generations
other than their own.1
72
%of workers age
45-74 expect to
work in retirement.2
5
generations
working
together today.
From a variety of viewpoints to a more creative
skill set, multi-generational teams can help in
all facets of your business. Learn how
47
average age of
innovators at the time
of their innovation.3
Inclusive
companies are
Inclusive
companies are
1.7
xmore likely to be
innovation leaders.4
87
%Valuable resource for
training and mentoring.
86
%Important source of
institutional knowledge.
82
%More knowledgeable, with
more life experience.
69
%More
responsible,
reliable and
dependable.
59
%More adept at
problem solving.
87
%Valuable resource for
training and mentoring.
86
%Important source of
institutional knowledge.
82
%More knowledgeable, with
more life experience.
69
%More
responsible,
reliable and
dependable.
59
%More adept at
problem solving.
77
%value older workers for
their skills as mentors.6
76
%appreciate older worker’s
different perspective.6
65
%of employees age 55+
in large companies are
engaged, meaning they
are committed to the
work they're doing at
their company every day.7
81
%of workers age 55+ are
motivated, meaning
they exert extra effort
and contribute more
than is normally
required in their job.7
companies don't prioritize a multi-gen workforce, losing a potential advantage.8
OFBy 2034, adults
65
+will outnumber
children 18 and under.9
PERCENTAGE OF WORKERS THAT POSE A RISK OF UNEXPECTED TURNOVER 10
49
%UNDER 50
29
%OVER 50
49
%UNDER 50
29
%OVER 50
7
YEARSBaby Boomers
5
YEARSGEN X
2
YEARSMillennials
Learn more about diversifying your workforce, post a job if you're ready to hire or download our Managing Mixed-Age Teams brochure.
1. https://www.aarp.org/research/topics/economics/info-2019/multigenerational-work-mentorship.html
3. https://www2.itif.org/2016-demographics-of-innovation.pdf
4. https://joshbersin.com/2015/12/why-diversity-and-inclusion-will-be-a-top-priority-for-2016/
5. Transamerica, December 2014, "Baby Boomers Are Revolutionizing Retirement: Are They And Their Employers Ready?"
6. Anderson, G. Oscar. Mentorship and the Value of a Multigenerational Workforce. Washington, D.C.: AARP Research, January 2019.
7. Aon Hewitt Engagement Database 2009-2013 / 5 Reasons to Hire 50plus
8. LinkedIn Talent Solutions, Global Recruiting Trends, 2018
9. https://www.census.gov/newsroom/press-releases/2018/cb18-41-population-projections.html
10. Aon Hewitt Engagement Database 2009-2013; 2014 analysis by Aon Hewitt
11. Bureau of Labor Statistics