Workforce aging and decent work in the era of the digital economy – towards a holistic public policy approach

The aging of populations and the labour force, combined with the process of digitalisation, have a significant impact on labour markets, employment, and labour rights worldwide. Industries and jobs that rely on age-appreciating skills, which improve with age, are positively affected by both aging an...

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Main Authors: Sanja Stojković Zlatanović, Predrag Jovanović
Format: Article
Language:English
Published: Institute of Social Science, Belgrade 2023-07-01
Series:Stanovništvo
Subjects:
Online Access:https://stnv.idn.org.rs/STNV/article/view/508
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author Sanja Stojković Zlatanović
Predrag Jovanović
author_facet Sanja Stojković Zlatanović
Predrag Jovanović
author_sort Sanja Stojković Zlatanović
collection DOAJ
description The aging of populations and the labour force, combined with the process of digitalisation, have a significant impact on labour markets, employment, and labour rights worldwide. Industries and jobs that rely on age-appreciating skills, which improve with age, are positively affected by both aging and digitalisation, since automation compensates for the lower physical abilities of older workers, thereby increasing their productivity. On the other hand, automation threatens physical and routine jobs that require low skills. In this paper, the authors used an empirical approach and inductive method to analyse the simultaneous influence of aging and digitalisation on workforce skills and demand for employees. In the future, governments’ efforts to stimulate employment and decent work should include providing high-quality education that prepares the workforce to gain and upgrade creative and social skills. These changes require policy and regulatory interventions to address the issues of skill shifts and the transition towards both digital and green economies, while simultaneously promoting and standing for decent work conditions. This presupposes that businesses introduce and adopt sustainable, dynamic, and inclusive workplace practices. The authors propose the age management mechanism as a human resource tool, as well as its legal counterpart, the age-responsible due diligence approach, for managing the necessary changes.
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spelling doaj-art-5def48bde7ff48d7a45bc27b13c937b42025-08-20T02:29:45ZengInstitute of Social Science, BelgradeStanovništvo0038-982X2217-39862023-07-01611Workforce aging and decent work in the era of the digital economy – towards a holistic public policy approachSanja Stojković Zlatanović0Predrag Jovanović1Center for Legal Research, Institute of Social Sciences, Belgrade (Serbia)Center for Economic Research, Institute of Social Sciences, Belgrade (Serbia)The aging of populations and the labour force, combined with the process of digitalisation, have a significant impact on labour markets, employment, and labour rights worldwide. Industries and jobs that rely on age-appreciating skills, which improve with age, are positively affected by both aging and digitalisation, since automation compensates for the lower physical abilities of older workers, thereby increasing their productivity. On the other hand, automation threatens physical and routine jobs that require low skills. In this paper, the authors used an empirical approach and inductive method to analyse the simultaneous influence of aging and digitalisation on workforce skills and demand for employees. In the future, governments’ efforts to stimulate employment and decent work should include providing high-quality education that prepares the workforce to gain and upgrade creative and social skills. These changes require policy and regulatory interventions to address the issues of skill shifts and the transition towards both digital and green economies, while simultaneously promoting and standing for decent work conditions. This presupposes that businesses introduce and adopt sustainable, dynamic, and inclusive workplace practices. The authors propose the age management mechanism as a human resource tool, as well as its legal counterpart, the age-responsible due diligence approach, for managing the necessary changes.https://stnv.idn.org.rs/STNV/article/view/508aging workforcedigitalisationage-appreciating skillsdecent work standardshuman rights due diligence approach
spellingShingle Sanja Stojković Zlatanović
Predrag Jovanović
Workforce aging and decent work in the era of the digital economy – towards a holistic public policy approach
Stanovništvo
aging workforce
digitalisation
age-appreciating skills
decent work standards
human rights due diligence approach
title Workforce aging and decent work in the era of the digital economy – towards a holistic public policy approach
title_full Workforce aging and decent work in the era of the digital economy – towards a holistic public policy approach
title_fullStr Workforce aging and decent work in the era of the digital economy – towards a holistic public policy approach
title_full_unstemmed Workforce aging and decent work in the era of the digital economy – towards a holistic public policy approach
title_short Workforce aging and decent work in the era of the digital economy – towards a holistic public policy approach
title_sort workforce aging and decent work in the era of the digital economy towards a holistic public policy approach
topic aging workforce
digitalisation
age-appreciating skills
decent work standards
human rights due diligence approach
url https://stnv.idn.org.rs/STNV/article/view/508
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