Opportunities for Older Employees during the Fourth Industrial Revolution

Abstract

Given the fact that worldwide the aging population continues to reach new peaks, there is a pressing need to explore if the labor force frame can be extended for older employees reaching 65 and beyond. Mandatory age retirement dominated the previous Industrial Revolution. From this point onwards, the Fourth Industrial Revolution will question for sure if a potential context for facilitating longer careers is necessary on one hand or if postponing retirement is realistic on the other hand or not. The present article explores in some manner certain answers to these questions by taking into account the rise of flexible work arrangements and their daily impact and by also taking into account the changes visible today when it comes to work-related skills.