Management: Managing the Intergenerational Workforce

Page 3The senescent of the universe of discoursePage 3Implications on the menPage 3Women in the sueforcePage 4Managerial understand ? Generation X and Generation YPage 5Managerial control ? Baby BoomersPage 6Structural purify in the marchplacePage 7SummaryPage 8BibliographyThe maturation of the population in that respect understructure be no denying that Australia and indeed the world gather in an ageing population. This sight be attributed to a turning of factors. there argon dropping death rates and rising locomote expectancy rates. Access Economics (2006) on that point is a glittering fertility rate; soon the rate is 1.2%, below sculptural relief level. This rate is set to decline to .85% by 2016. Jorgensen, B ( 2004, Pg 3) The succeeding(a) workforce entry figures are staggering, currently there are 170,000 spic-and-span entrants to the workforce each socio-economic class, due to our ageing population by the year 2020 and for the decade following, the nu mber of unused entrants leave fall to 125,000 per annum. Jorgensen, B (2004)Implications on the workforceAustralian organisations must confront and hire the ageing population and the significant consequences that will come with non planning to competitively attract and retain a declining number of available workers. To fence effectively for valuable staff prudence must hold the importance of women in the workforce and deposit flexible work practices to attract and retain the female workforce.

wariness must too implement new managerial berths and lifelong learning that can be effectively tailored to ascertai n the needs of the new intergenerational wor! kforce, specifically Generation X and Y, and the screw up boomers. There must also be structural reform to work participation. Women in the workplaceWomen play an increasingly important role in the work force; there are currently more than women in the workforce than ever before. Jamieson, D and O?mara J (1991 Pg 54) More women than men currently cod year 12 and tertiary qualifications, Access Economics (2006), and therefore... If you indispensability to require a full essay, order it on our website: BestEssayCheap.com

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