Abstract

The article is devoted to discussing the issues of improving the efficiency of using senior age group specialists’ competencies in the conditions of innovative economic development while transiting to Industry 4.0.
 The paper analyses the causes of senior age group workers’ vulnerability conditions associated with the subjective characteristics of their age group and leading to various manifestations of age discrimination in the open labour market. One of the main causes for such vulnerability is a deliberately underestimated assessment of their own competencies, which forces senior age group specialists to accept job invitations that do not correspond to their qualifications. The reasons for the systematic underestimation of their self-esteem are the constant feeling of external pressure from younger colleagues and management, as well as the inability to conduct an independent objective assessment of their own position in the labour market.
 Based on analysing foreign experience of successful integration of senior age group specialists’ competencies into the innovative economy, the paper states the proposals for forming a comprehensive solution to such a problem, taking into account the domestic labour market realities. At the same time, one of the necessary areas of work is creating information solutions that allow specialists to correctly assess their position in the labour market, one of which, built by the authors and based on the precedent analysis, is described in sufficient detail in the work.

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