The Aspects of Age Management Towards Sustainable and Responsible Business

Abstract

The aim of this article is to present and promote current research outcomes in the field of age management and its impact on sustainability through a review of the appropriate literature sources and pieces of empirical experience. The identification of relations between the work ability index, ageing population and the needs of the labour market can significantly improve the decision-supporting models that the managers can use to achieve higher competitiveness and sustainability for their enterprises.

Sustainable Human Resource Management and Generational Diversity: The Importance of the Age Management Pillars

“…Age management is often associated only with aging employees, but it is very important to keep in mind that the concept of age management includes all employees, and therefore the youngest ones, the employees who care for children of older employees and employees of retirement age [95]. The issue of age management is a basic strategic tool in the sustainable management of human resources, which helps to develop employees, ensure their cooperation and synergy, and at the same time, leads to resilience and sustainability at all management levels in the enterprise [96], while it is also very important to perceive the importance of age management, as it is a prerequisite for achieving long-term sustainability [35]. Although theoretical knowledge researches in the field of age management often emphasize older employees, age management deals with all age categories of employees, and therefore it is necessary to achieve cooperation through all generations in the enterprise/labor market.…”