How employers, policymakers, and society must adapt to meet the needs of individuals throughout their longer lives
A collaboration with the World Economic Forum.
Over the past 4 years, Mercer (Marsh McLennan) has worked with The World Economic Forum’s Longevity Economy Initiative to convene leaders across business, government, and civil society. The goal of this initiative is to bring alignment across sectors to address the demographic and financial challenges of global ageing and to support individuals to be resilient in their longer lives.
As part of this initiative, we drove the development of longevity economy principles, in collaboration with over 35 leading organizations. These principles are designed to create a common language and framework to bring together the many core factors that employers, policymakers, and society need to consider to help people age well.
Increasing lifespans require changes to ensure that we have corresponding increases in time spent in good health and wealth. This means employers will need to create an inclusive environment for all generations, with education and reskilling opportunities available for all workers in the multigenerational workforce, not only for young and new employees. Finding purpose is essential to remaining happy and healthy in a longer life, and a continued focus on equality is vital, particularly to support those from disadvantaged backgrounds.