Abstract
This research on the factors affecting management of the aging workforce in Kho Wang, Yasothon Province aims to: 1) study the factors affecting management of the aging workforce; and 2) provide guidelines on management of the aging workforce at Kho Wang District, Yasothon Province. This is a qualitative research in which data are derived from literature review in various forms such as text books, research papers, academic materials as well as specialized journals and magazines. Content analysis has been selected as a research methodology, and data presentation is descriptive in nature. The results show that transformation leadership style and management of diversity are important factors that provide positive effects on management of the aging workforce in Amphoe Kho Wang, Yasothon Province. The changing structure of population towards aging society produces a severe shortage at the labor market. As a result, there are less young people joining the workplace. Thus, every organization has to deal with the situation when it lacks employees. Therefore, appropriate management of elderly workforce becomes a challenging issue in HR management for the near future. Firms should be able to use the skills, knowledge, capacity, expertise as well as accumulated experience from the older workers in order to benefit their own organizations.
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