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by Towers Perrin   Updated September 01, 2007 Published September 01, 2007 / Updated September 01, 2007

Among the challenges and opportunities created by aging workforces, one of the biggest is the need to redefine both employees’ and employers’ notions of how and when a career evolves and

transitions to retirement. How prepared are the world’s leading economies to address and respond to this changing dynamic?

With its comprehensive overview of aging workforce issues in the countries comprising the Group of Seven (G7) – Canada, France, Germany, Italy, Japan, the United Kingdom and the United

States – this AARP study breaks new ground by exploring how key stakeholders in these nations are responding to the aging workforce dynamic:

are economically competitive and that the social welfare benefits they provide are financially soundEmployers, who in light of the declining proportion of younger workers and projected

shortages of skills in key areas, will increasingly need to turn to mature, experienced workers to gain and maintain a competitive advantageEmployees themselves, who are living longer and

healthier lives and increasingly are more open to working beyond the traditional retirement ages both because they want to stay active and need to work to support themselves and their

dependents

While this research found both commonalities and significant differences among the G7 countries on aging workforce issues, its findings suggest that, in a global seller’s market for talent,

the countries and companies in the best position to compete are those that are investing the time today to understand the coming challenges and laying the groundwork for seizing future

opportunities.

Conducted for AARP in early 2007 by Towers Perrin, a global professional services firm, the study utilized information drawn from previously published research, insights from local experts,

new employee research and interviews with selected employers. Further information may be obtained by contacting S. Kathi Brown of AARP Research at 202-434-6296.

Suggested citation:

Towers Perrin. AARP Profit from Experience: Perspectives of Employers, Workers and Policymakers in the G7 Countries on the New Demographic Realities. Washington, DC: AARP Research, September

2007.

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