Later Life Workplace Index (LLWI)
While only 20.6% of the global population were aged 50 and above in 2010, the share of this age group is projected to increase to 32.7% in 2050 (United Nations, 2019). Consequently, within the next decades, the demographic change will have a severe impact on the global workforce, particularly in Asia, Europe, and the U.S. The increasing number of older workers is caused by a variety of reasons including the aging baby boomer generation, higher statutory retirement ages as well as the growing proportion of working pensioners. Growing health and fitness levels of older people as well as the increasing life expectancy enhance the motivation to continue to pursue meaningful and fulfilling employment in old age (OECD, 2011; United Nations, 2019). Aging populations and workforces lead to a variety of consequences for society and the economy. Some countries already responded to this development with pension reforms to relieve governmental pension systems. Skilled labor force shortages affect key industries, challenging organizations in terms of recruitment, succession planning, and knowledge retention.
It is hence in the interest of both, organizations and policy-makers, to retain the job performance, motivation, and health of older employees. In light of this, organizational practices that enable and foster working in later life become increasingly important. While research has identified many individual levers (e.g., flexible work, occupational healthcare, training, leadership; Pak et al., 2019), organizations still lack a well-founded self-assessment tool to assess their readiness for an aging workforce and to derive possible courses of action (Henkens et al., 2018; Truxillo et al., 2015). Moreover, little research has covered the relative importance of individual organizational practices for older employees’ performance, motivation, and health.
Wöhrmann, Deller, and Pundt (2018) hence propose the Later Life Workplace Index (LLWI) to systematically describe beneficial working conditions for older employees and to compare organizations regarding their practices for an aging workforce. The index aims to serve as a free tool for self-assessment within organizations and benchmarking among peers on industry and regional levels.
Partner
Goinger Kreis
The Goinger Kreis is a German forum und think tank of leading business managers and scientists for the future of human resource management and employment. Within its interest group for "employment potentials of older workers" the Goinger Kreis has supported the (further) development of the index for successful and sustainable later life work for many years. Further information is available at www.goinger-kreis.de.
Demographie Netzwerk (ddn)
The Demographie Netzwerk (ddn) is networking association of companies and institutions that aims to actively shape the demographic change within the workforce. The ddn supports the development of the Later Life Workplace Index as a practice-oriented tool allowing companies and organizations to self-assess themselves regarding their capabilities regarding an aging and increasingly age-diverse workforce.
Federal Institute for Occupational Safety and Health (BAuA)
The BAuA is a federal institute from the German Ministry of Labour and Social Affairs (BMAS) and conducts scientific research in four divisions: Issues and Programmes, Products and Work Systems, Work and Health, as well as Hazardous Substances and Biological Agents. The BAuA supports the (further) development of the Later Life Workplace Index scientifically and methodologically.
ias Gruppe
The ias Group provides integrated solutions regarding health and performance management in Germany. Over the last 40 years the ias Group has pioneeringly accompanied all changes in the world of work. As one of the leading providers in its industry, it develops prevention-oriented solutions that help to keep managers, employees, and whole organizations healthy, productive, and successful. The ias Group supports the Leuphana University of Lüneburg in embedding the Later Life Workplace Index and its findings and insights in practice.
Age Smart Employer Award
The Age Smart Employer Award is a culture-change strategy to honor New York City businesses whose practices engage and retain workers of all ages, with a specific focus on older workers. The award was initiated by the Robert N. Butler Columbia Aging Center and The New York Academy of Medicine in 2012 as an extension of the Age Friendly NYC initiative, a public-private partnership to make New York City a better place to grow old. It honors New York City employers whose policies and practices promote generational diversity in the workforce and highlights the positive contributions of older workers.