Subscribe to Entrepreneur for $5
Subscribe

Evolution of the Workplace for a Changing Demographic

Changing worker priorities accelerates companies' adoption of easy-to-use technology for the hybrid workplace.

By
Opinions expressed by Entrepreneur contributors are their own.

Impact of changing demographics

The number of Americans aged 65 and older is projected to nearly double from 52 million in 2018 to 95 million by 2060. The 65-and-older age group's share of the total population will rise from 16 percent to 23 percent. This demographic trend will impact the younger generation who will have to take care of their aging parents. This will of necessity force the working population to seek more flexible work arrangements. There was an expectation that while this change was unavoidable there was still time to prepare for it. Unfortunately, the once-in-a-century pandemic hastened this change.

Pandemic induced changes

4th of July Subscription Sale - Unlock this subscriber exclusive article and more for 20% off today.

Access all Entrepreneur content with no ads, unlock discounts, and get exclusive advice only available to our subscribers. Plus, our magazine delivered straight to your door.

Get 20% off an annual subscription today. Just use code SAVE20 at checkout.

Entrepreneur Editors' Picks