The Cost of Ageing at Work

Ageing Employees at Work

Getting older isn’t optional, but how we age at work is. Too often, we push the thought of ageing aside. We avoid it. We act as if “old” is someone else, not us. In fact, when I asked workers “how old is old?”, the answer was consistently the age they weren’t yet, about 20 years older than their current age.

Consider a room of 45-year-old workers being asked “what age is an ‘old worker’?” , time and again their answer is around 65. Yet here’s the catch: whether 45, 55 or 65, those workers will eventually be that age too.

If you don’t recognise the impact of ageing in the workplace, you’re creating avoidable risk and missing huge opportunity.

Four consequences of ignoring ageing at work

  1. We fail to plan for changing bodies and family needs.
    As employees age, their physical capacities, recovery times and external responsibilities (care, chronic conditions, fatigue) change. Without proactive planning, this can drive unnecessary absences or disability claims.

  2. We don’t nurture health and ageing-well behaviours.
    If we assume “ageing” happens some time later, we delay interventions like health checks, ergonomic design, flexible work and psychosocial supports. That means we don’t age well.

  3. We increase risk where there’s no need to.
    Ageing doesn’t have to equal higher risk if work is adapted, designed well and supported. Without that, older workers face elevated injury risk profiles, both physical (e.g., musculoskeletal, slower recovery) and psychosocial (e.g., isolation, disengagement, stress).

  4. We miss the value-add of older workers continuity, experience, and teaching others.
    Ageing doesn’t mean “past it”,  it means richer. Older workers bring institutional knowledge, mentoring ability, wider perspective and a stabilising influence. If they’re not connected, engaged or taught, you lose those benefits.

Why this matters now

Australia’s workforce is ageing and that’s a strength, not a weakness.

  • The proportion of Australians aged 55+ in the workforce has more than doubled since 1991 (from ~9% to ~19% in 2021).

  • The workforce participation rate for Australians aged 65+ has increased from 6% in 2001 to 15% in 2021.

  • Supporting an ageing workforce pays off: older workers bring experience, knowledge, and can improve productivity when the job design supports them.

In short: your workforce is ageing. Your organisation must treat ageing as a strategic asset, not a liability.

Integrating physical & psychosocial safety for an ageing workforce

If you have an ageing workforce, psychosocial safety is as important as physical safety, because they’re intrinsically linked.

  • Physical safety has long been a focus (ergonomics, slips/trips, ageing bodies).

  • But psychosocial factors (connection, belonging, purpose, flexibility, autonomy) affect how an older worker engages, recovers, stays motivated, and learns.

  • An older worker may physically be capable, but if they feel isolated, undervalued or disconnected, their risk of injury, absence or exit goes up.

  • Conversely, when you intentionally support psychosocial health through inclusion, purposeful roles, intergenerational teaching, meaningful connection, you also boost safety, reduce risk and retain experience.

So what do you do? Here are three practical steps.

  1. Health + Ageing Check-in
    It’s not about age per se, but how your workforce is ageing. Schedule regular health-and-wellbeing check-ups (physical, mental, social) for staff in the 45+ cohort. Use these to identify changes, plan job design adjustments and support proactive ageing-well behaviours.
  2. Connection & Belonging Review
    Ask: Do older workers feel connected, valued and equipped to continue contributing? Do they feel current and engaged? Are there mentoring roles, cross-generational teams, knowledge-handover structures? Disconnection can lead to exit, disengagement or hidden risk.
  3. Redesign Work for Flexibility & Inclusion
    Think about job redesign, flexible work options, role transitions (rather than exits), accessible tasks and training for older workers. Let older staff shift into roles that leverage their strengths (experience, mentoring, oversight) and reduce high-risk physical tasks. This protects safety and ensures continuity.

Final Thought

Ageing isn’t going away. Whether it’s people in their 40s, 50s or 60s, the reality remains: your teams are ageing and so are you. This isn’t someone else’s problem, it’s everyone’s.

If you want to turn ageing into an advantage, and ensure your workplace remains safe, engaged and productive for all ages, then start by treating physical and psychosocial safety as two sides of the same coin.

Build a Workplace Where People Thrive at Every Age

Managing psychosocial safety isn’t just about compliance — it’s about building a culture where every employee can contribute, connect, and thrive, regardless of age.
Let’s discuss a tailored psychosocial safety strategy that supports your people and strengthens your organisation.