Anika Heavener, Vice President of Innovation and Investments at The SCAN Foundation: Ageism and the Aging Workforce

On this episode of WorkforceRx, we turn our attention to the challenges and opportunities of one of the fastest growing parts of the US workforce: mid-career and older employees. In fact, the percentage of people over sixty-five who are currently employed is nearly twice as high as it was in the 1990s. “The key driver of the growth we're seeing is an increase in financial insecurity for older adults. Nearly half of adults age fifty-five to sixty-six have no retirement savings,” says Anika Heavener, vice president of Innovation and Investments at The SCAN Foundation, an independent public charity focused on solutions to help adults age well. But, as Heavener explains to Futuro Health CEO Van Ton-Quinlivan, the financial imperative to keep working is bumping up against ageism in hiring, particularly a mistaken belief among hiring managers that older people are not well-suited to using new technologies like artificial intelligence. “Our research found that older workers have embraced AI, and they’re actively using it to enhance their work. Employers need to acknowledge and value those workers.” Tune in to this enlightening conversation to learn about other revealing research on the aging workforce and how workforce development programs can evolve to meet the needs of this important demographic, plus you’ll hear about the role of venture capital in fostering intergenerational working environments.