Aging workforce in labour market transition
Demographic change is a major challenge for all countries. An aging population and workforce has a major impact on our lives, our jobs, our pensions, health and education systems – and the business world. Mature workers (above 50) are still a small segment within the agency work population, however their numbers are increasing.
We value mature workers
We are convinced that mature workers and retirees add tremendous value to the workforce and assist them in the labour market.
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In 2000, Adecco USA launched the Renaissance Program, encouraging older workers to apply for temporary positions by developing recruitment materials aimed specifically at this demographic group. The American Association of Retired Persons (AARP) recognised Adecco’s achievements by naming Adecco USA one of the “Best Companies for Workers Over 50”.
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In the Spanish labour market, people over 45, and in Italy, those over 40, are already considered to be at a disadvantage because of their age. The Adecco Foundations in Spain and Italy helped some 20,178 and 11,500 people respectively who faced difficulties finding new employment due to their age.
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The Adecco Institute has created a Demographic Fitness Index (DFX) to measure firms’ readiness for the onset of an aging workforce in Europe. Since 2006, the Adecco Institute has surveyed 8,500 companies. The Institute publishes its DFX index periodically, giving firms and policy makers a tool to measure European progress on demographic fitness.