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c) NEED: Companies that accommodate the special needs of the demographically diverse workforce (by redefining the structure of the work day for those with childcare and/or eldercare responsibilities, or providing qualified assistants and/or apparatus for employees with disabilities) will become more appealing places to work and will thereby reduce absenteeism and turnover costs.
After watching this lesson, you should be able to define age diversity, and explain different ways a company merger would be successful with such a thing. We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities.
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Age diversity is the acceptance of all ages in the work environment.
This is affecting more companies due to the aging population.
INTRODUCTION Diversity means differences, difference of age, sex, race, religion and culture etc.
People with different demographic differences working in the organization makes diverse workforce.(Cox and Blake, (1991) EFFICTIVINESS OF HAVING DIVERSITY IN WORKFORCE Why should companies concern themselves with diversity?Many managers answered this question with the assertion that discrimination is wrong, both legally and morally. The biggest discovery came from some basic online research. workers due to an astounding fact: By 2030, the number of older persons will reach 70 million.The younger generation feels that family comes before work and can be impatient climbing the corporate ladder. M had to create additional benefits to keep the young team motivated. Studies have shown that when intergenerational groups spend time together, the risk of stereotyping and prejudices decrease.ABSTRACT: As companies are becoming more and more diverse it’s becoming more and more important for companies to understand and manage it.The people of different background, races, religion creates diverse workforce.Baby boomers, who were born between 19, will be 20% of the population by 2030.Companies need to make adjustments in work philosophies, , pay, and intergenerational communication in order for both young and old employees to work together.They disagree with the baby boomers' obsession with materialism. The task force was able to have all of their suggestions implemented immediately, which led to a very easy merger between the two companies.The older generation was able to improve their technology skill level, while the younger generation improved their patience and work commitment.