One significant but often overlooked strategy is to include age in diversity and inclusion programs and efforts. A 2015 survey by PwC found that while 64 percent of firms had diversity and inclusion strategies, only eight percent of those included age.
Not surprisingly, workplace culture determines whether workers are valued without regard to age or whether they are devalued based on age, according to the report.
The report includes a link to an assessment tool developed by the AARP and the Center on Aging and Work at Boston College that evaluates organizational strengths and weaknesses in attracting, managing, and retaining a multigenerational workforce.
Why it matters: The report comes as several companies are facing lawsuits involving age bias in how layoffs are conducted. Meanwhile, scrutiny of tech companies’ recruitment, hiring, and promotion practices, including social media advertising algorithms for job postings, is increasing.