01 Mar 2016

How to address the challenges of the 4G workforce

The Office of National Statistics predicts that by 2020 a third of workers will be over 50 years old whereas CIPD research shows that the number of 16-24 year olds in paid employment is falling. Just under 52% of this age group were employed in 2012 and this figure is set to fall to 45% by 2017.

How do you address the challenges of the 4G workforce? Find out how with a new white paper from Simplyhealth.

The multigenerational workforce that statisticians have long predicted is finally here. It is now a reality that employers must get to grips with. There are now four generations in work at the same time, ranging from 16 years old upwards to 65.

So just how do you deal with the challenges of recruiting, retaining, managing and engaging with such a diverse workforce in a cost effective manner?

Many employers are turning to flexible benefits in order to offer a wide range of solutions to meet so many varying individual needs. Flexible benefits give employees control over the benefits they receive and allow them to opt for an offering that fits their differing lifestyles and personal circumstances.

Find out more on how to address the challenges of a multigenerational workforce and how flexible benefits can help you achieve your strategic HR goals by downloading Simplyhealth’s latest white paper, ‘Addressing the challenges of the 4G workforce’

This article was provided by Simplyhealth.