The percentage of employees beyond 50 years of age will grow tremendously over the next 25 years. Fewer younger workers will be available and companies will face the challenge to retain older workers. Companies will be required to introduce an age-differentiated human resource management that deals with the challenges of an older workforce. Based on the results of a survey of companies primarily from the industrial sector, the paper analyses the current situation and develops recommendations for necessary changes in the design of HR instruments of companies.
