Seminar paper from the year 2012 in the subject Leadership and Human
Resource Management - Miscellaneous, grade: 1,3, University of Cologne,
language: English, abstract: Demographic change, the "war for talent",
global competition - key words that companies should seriously deal
with. Whether in trade magazines, regional newspapers, Internet articles
and television news - in all media the issues of demographic change and
shortage of skilled labor are omnipresent. The population in Europe is
growing older due to the high living standards, while the birth rate is
alarming low1. The population of working age will be strongly influenced
by the older workers and decline in the longterm period from 2015 on2.
Due to quantitative and qualitative imbalances in the labor market in
many industries qualified young professionals are missing, while the
in-house workforce is getting older continuously. Demographic change and
the resulting consequences for companies are often underestimated or
ignored. Companies should have taken precautions much earlier. Strong
action is required now. But how can companies overcome the "demographic
gap"? The aim of this paper is to analyze demographic changes and their
impacts on the labor markets. The paper will begin with brief r e view
of Europe's demographic development and its driving forces followed by
an overview of different proposed countermeasures to prevent the
consequences of demographic change. [...] 1 Euröpäisches Statistikamt
(eurostat) online: Fewer, older and multicultural? Projections of the EU
populations by foreign/national background (2012), P. 5 2 eurostat
online: National reports on the demographic developments in 2010 (2012
edition)0
