Demographics and the American workplace

Younger workers are becoming managers and are often managing people 20+ years their senior. How do the older workers handle this?

We’re in the midst of two tectonic demographic shifts in the workplace that, at first glance, seem to be at odds with each other. We’re living longer and working longer–either by choice or necessity (it’s hard to finance a 30-year retirement with a 40-year career). The fastest-growing age demographic of employees in the workplace is 65 and older, which has experienced a 35% jump in numbers over the past half-decade. In fact, nearly half of the age-demographic increase in the number of people participating in the U.S. labor force between 2016 and 2026 is attributable to those 60 and older. So, many of us are surprised today to find ourselves at midlife and mid-career.

At the same time, there’s such a growing reliance on DQ (digital intelligence) that companies are desperate to hire and promote digital natives. Nearly 40% of Americans now report to a younger boss, and this will become the majority by 2025. Seven of the 10 most valuable companies in the world today are tech companies. The average employee age at giants like Facebook, Apple, and Google isn’t quite 30. And we’re seeing startup entrepreneurs in their early 20s become global disruption billionaires before they turn 30. Sixty may be the new 40 physically, but when it comes to power in the modern workplace, 30 is the new 50.


Some like to portray this as a generational war now that we have five generations in the workplace for the first time. I beg to differ. Because, based upon my experience over the past half-dozen years, I’ve seen how a symbiotic relationship between generations can be created–like an intergenerational potluck–to take companies to great heights.


My story: “More music left inside”

Read the rest at the link.