Journal
AGEING INTERNATIONAL
Volume 48, Issue 1, Pages 41-77Publisher
SPRINGER
DOI: 10.1007/s12126-021-09442-w
Keywords
Aging workforce; Challenges; Policy initiatives; Potential impact; Technological contribution
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This paper provides an overview of recent policy initiatives and emphasizes the importance of technology in addressing the challenges faced by an aging workforce.
Today's working population is expected to experience a longer and healthier life than previous generations did. This, combined with a currently shrinking workforce, means the participation of older adults in the labor market is expected to positively contribute to national economic and social development. Policymakers have therefore implemented a series of reforms to motivate and encourage both employers and employees to embrace the prospect of an aging workforce and to respond to the associated challenges of such a demographic change in the workplace. This paper aims to provide an overview of recent policy initiatives in this context and to identify the role of technology in major international initiatives in overcoming the key challenges faced by developed countries. We have conducted a scoping review to obtain large volumes of peer-reviewed and gray literature. Our findings suggest that the stakeholders (researchers, government agencies, employers, and communities) are not only aware of the current issues relating to the aging population but also understand the importance of policies in terms of retaining older people in the workforce. In particular, our results indicate that technology, in both the public and private sectors, can be leveraged as a tool to facilitate older adults' participation in the workforce.
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