Yours forever, boss! – Strategy Letter 44
Employment rate of seniors in France: 38%, putting the country far behind our European neighbours (48% in Germany, 69% in Sweden).
CEO are now facing challenges on three sides:
- Keep talented seniors
- Re-orientate those who are ‘settled in’
- Increase motivation of lower level staff since they are getting a triple negative message: the extension of work length, the possibility of no pensions and no promotion before 10 years