Articles & Papers
Leveraging Europe's Aging Workforce
New research shows the pool of potential EU workers risks decreasing to 217 million by 2050, down from 239 million in 2015. The shrinking European workforce creates long-lasting ramifications—economically and politically—for countries in Europe and worldwide. Countries like Germany, the UK and Ireland are now facing some of the most severe talent shortages. As business leaders aim to remain competitive, they must now consider a wide variety of factors to manage a multi-generational workforce including creating effective succession plans, implementing new training processes, and building a culture to best attract and retain a generation of highly skilled, but older, workforce.
