Demographics And Remote Work: Intertwined Challenges For Business

 Demographics And Remote Work: Intertwined Challenges For Business

Workers and managers will face twin challenges in the coming years: adjusting to what we’ve learned about remote work, and the demographic change to low growth of the working age population. Each will be a challenge, and the interaction of the two will require managers to test their assumptions, adapt, and re-test.

Demographics is the less recognized issue for the workplace in the 2020s. Baby boomers will retire in greater numbers in the coming years. The boom in births lasted from 1946 through 1962, so the later boomers will hit age 65 in 2027. The group turning 25 years old this decade is about the same size as the preceding cohort. So we in the U.S. will see no increase in young people entering their working years…

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