The 50+ Generation: A Key Demographic in Employee Engagement 2.0
STORY INLINE POST
In today's workforce, characterized by generational diversity, workers over 50 face unique challenges that limit their full participation in organizational dynamics. Despite their experience, commitment, and skills, this generation remains in a vulnerable position: 73% of them in Mexico feel overlooked in the workplace, according to a recent study by Robert Walters Mexico.
At the same time, the concept of Employee Engagement 2.0 emerges as an opportunity to redefine workforce engagement. This contemporary model advocates for a deeper understanding of individual needs, recognition of contributions, and ensuring that all employees, regardless of age, feel valued.
Beyond Superficial Recognition: Redefining Engagement
Traditional workforce engagement has often focused on tangible incentives like competitive salaries and corporate benefits. However, Employee Engagement 2.0 goes further, asking: What truly matters to each generation?
For professionals over 50, this involves addressing critical issues:
• Equity in professional development opportunities: The study reveals that 59% of workers over 50 in Mexico feel their age prevents them from accessing necessary training or upskilling programs.
• Distorted perceptions: In recruitment processes, 43% of these individuals report being dismissed as "overqualified," a bias that overlooks their true potential.
• Lack of active listening: Global studies show that engaged employees are three times more likely to feel heard at work than their disengaged counterparts. Yet, 86% of workers believe their organizations fail to listen to everyone equally.
Rather than being a challenge, integrating workers over 50 into engagement strategies can bring substantial benefits. Their experience, stability, and loyalty are invaluable assets that many companies underestimate.
An Intergenerational Model: Unlocking the Potential of Older Generations
A multigenerational approach is a key solution within Employee Engagement 2.0. This model not only integrates older employees but also leverages their potential as mentors and strategic leaders.
1. Creating spaces for dialog: Workers over 50 need more than just to feel heard — they must play an active role in strategic decisions. Their perspectives, shaped over decades, can be invaluable in solving complex problems.
2. Continuous learning: While 66% of workers believe continuous learning is essential, many over 50 are excluded from these programs. Providing equitable access to training ensures this generation remains relevant in dynamic environments.
3. Comprehensive recognition: Valuing this generation goes beyond awards or bonuses. It means identifying and highlighting their unique contributions to building sustainable organizational cultures.
These elements, integrated under the umbrella of Employee Engagement 2.0, have the potential to transform workplace experiences for employees of all ages, particularly those over 50.
Impact on Career Life Cycles
One of the biggest challenges older workers face is uncertainty about their future. According to the study, 68% of workers over 50 in Mexico believe they will need to work beyond retirement age due to a lack of savings. This is not just a financial concern but also a reflection of how organizations can improve their engagement with this generation:
• Robust retirement plans: Increasing contributions to pension funds (from 7% to 10%, instead of the current average of 3% to 6%) can provide greater peace of mind for these professionals.
• Transitional roles: Offering positions that combine mentorship, consulting, and leadership allows older employees to share their knowledge while preparing for retirement.
• Tailored flexibility: Policies such as flexible hours or hybrid work arrangements can be particularly beneficial for this generation, balancing personal and professional needs.
A Call for Inclusion
Age discrimination not only limits workers over 50 but also represents a missed opportunity for companies. In a labor market that increasingly values diversity, it is crucial for organizations to recognize the strategic value of this generation.
Employee Engagement 2.0 is not just a trend but an essential tool for building a workplace where all generations can thrive together. Prioritizing the integration of workers over 50 not only enhances their engagement but also ensures long-term competitiveness.
Ultimately, investing in this generation means investing in the future of work.







By Alejandro Paz | Managing Partner Mexico & Andean -
Thu, 12/19/2024 - 08:00







