In the Group of Seven countries, Bain predicts, older and experienced workers will make up more than quarter of the workforce by 2031.
"That's a massive shift," Andrew Schwedel, partner at Bain & Company, told CNBC's "Squawk Box Asia" on Tuesday.
What older workers wantIn recent years, countries around the world have been increasing retirement ages — but not without pushback.
"That speaks to some of the different things that companies need to do if they're trying to appeal to younger workers versus older workers."
How to retain older workersIt is also crucial for companies to design workplace experiences that tap into the motivations of older workers, said Schwedel.
Persons:
Bain, Andrew Schwedel, CNBC's, Schwedel
Organizations:
Bain & Company, Companies
Locations:
Japan, Europe, U.S, France