Managing an Ageing Workforce | LGNSW

Managing an Ageing Workforce

A very large number of workers are now retiring and the numbers of younger workers entering the workforce will not be enough to compensate for this reduction. This will result in a smaller supply of potential employees and increased competition by employers for available talent. Local government, in particular, has a significant proportion of older workers.

Increasing the workforce participation of older workers has been identified as one of the top two reforms to enhance the supply of workers and productivity.  Governments are now encouraging older workers to stay working longer.

In its discussion paper Engaging and Retaining Older Workers (February 2013), the Australian Institute of Management has stated that it is time for employers to take advantage of the contribution that older workers can make.

for more information, please download Managing an Ageing Workforce (PDF, 79KB).