Sector News

By the next decade, 25% of US workforce may be 55 or older

July 23, 2023
Diversity & Inclusion

Financial security may be front of mind for workers who want to keep working past retirement age. But importantly for employees facing current and future talent gaps, money isn’t the only reason they want to stay employed.

Six in 10 of retirement-age workers in the U.S. say they’ve kept working because they are still healthy and able, according to a survey of more than 1,000 “employment extenders” (those working past traditional retirement age) released in February by the nonprofit Easterseals and Voya Financial program Voya Cares. More than half (56%) said they keep working because it gives them a sense of purpose; 58% are doing so to keep their minds active.

Unfortunately, because of age discrimination, even from retirement-age decision-makers, baby boomers in the U.S. remain an untapped generational talent pool, consultant Dethra Giles pointed out during an April talent conference hosted by the Society for Human Resources Management. READ MORE

By Laurel Kalser


comments closed

Related News

October 1, 2023

Women in Life Science Denmark launches leadership drive

Diversity & Inclusion

Women in Life Science Denmark (WiLD) has announced the launch of its ‘Female Leadership Mentoring Program’ for women working in life sciences in Denmark – a year after it was founded. WiLD aims to inspire women in the Danish life science sector to reach for higher leadership roles by promoting female talent, through professional knowledge sharing and networking.

September 22, 2023

Why ‘Follow Your Passion’ can be perilous career advice for women leaders

Diversity & Inclusion

A 2023 study in the Journal of Personality and Social Psychology revealed that cultures where “follow your passion” is common career advice have greater gender disparities in academia and the workplace because women are more inclined to choose roles that align with traditionally feminine characteristics and interests.

September 15, 2023

Toxic workplaces drive out POC leaders faster

Diversity & Inclusion

Psychological safety at work? Depends on who you are and the environment your employer creates. Data from The Courage Collective suggests that on average, whereas 87% of White men feel safe voicing dissenting opinions at work, only 67% of Black women feel the same.

How can we help you?

We're easy to reach