The lifespans of people across the world has increased substantially over the years. This is true for the most developed economies like the USA, the mid- tier ones like China or even the least- developed ones such as Rwanda in Africa. This has resulted in people having to work longer, to support the increased number of years post- retirement. Companies too will need to tweak their talent management policies to take advantage of this growing pool of people ready to work longer, but also requiring this assistance. For a lot of people in their 20s right now, they need to be prepared to work till quite late in their lives, plus maintain substantial savings.

Source:https://sloanreview.mit.edu/article/the-corporate-implications-of-longer-lives/

Uploaded Date:13 February 2019