What's Happening?
Age diversity in the workforce is increasingly recognized as a strategic asset, offering measurable benefits such as institutional knowledge and a long-term perspective from older workers, alongside digital
fluency and innovative ideas from younger employees. In Northern Ireland, the workforce is experiencing demographic changes, with a growing number of employees over 60 and a significant portion under 35. This diversity can drive innovation and adaptability if managed effectively, through practices like intergenerational mentoring and flexible work arrangements tailored to different life stages.
Why It's Important?
Embracing age diversity can enhance organizational resilience and creativity, as teams benefit from a mix of experience and fresh perspectives. This approach can help address challenges such as skill shortages and demographic shifts, ensuring that businesses remain competitive and innovative. By fostering a culture that values contributions from all age groups, organizations can improve employee satisfaction and retention, ultimately leading to better performance and productivity. Additionally, addressing age diversity can help close productivity gaps and support long-term economic growth.
