Bain in the News

Bain’s “Better with Age” report finds that 150 million more workers globally will be over 55 by 2030. AARP explores what AI could mean for these workers and their roles as companies continue to adopt new technology.

Andrew Schwedel spoke with Fortune about the rise of aging workers in the global labor force and how employees’ motivations evolve as they age.

James Root spoke with MarketWatch about Bain’s new research on the rising importance of older workers. “The good news is that older workers are excited by the notion of growth and extension,” he said. “So once companies understand which types of extension and reskilling programs are going to work for them, we believe they'll find success."

My colleague Andrew Schwedel spoke with CNBC TV about Bain’s recent study, 'Better with Age: The Rising Importance of Older Workers,’ discussing ways employers can tap into the unique skills and motivations of an aging workforce.

Karen Harris sat down with CNBC Squawk Box on the ground at the WEF Growth Summit to discuss rising inflation and interest rates.

Over the past century, fears of mass joblessness from automation have come and gone in waves. More recently, a series of breakthrough advances in the field of machine learning, alongside new imagination-capturing services such as Amazon’s Alexa and Apple’s Siri, have triggered a fresh upswelling of concern. As businesses ratchet up their ambitions for automation in light of the pandemic, these concerns are likely to continue growing.

Karen Harris, global head of macro research at Bain & Co., discusses the outlook for the U.S. economy and its implications for Federal Reserve policy. The U.S. labor market showed unexpected strength last month despite record Covid-19 infections, extending momentum into the new year as surging wages added more pressure on the Federal Reserve to raise interest rates. Harris also talks about China's economy and the central bank policy. She speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."

New research from Bain, a consultancy, into the attitudes of 20,000 workers across ten countries confirms that people are motivated by different things.

Bain's James Root says that younger employees are much more stressed about their future and are worried about economic insecurity and geopolitical instability, among other things.

The findings, compiled from 20,000 workers in 10 countries, come at a time when Americans are quitting their jobs at a record clip, and employers around the globe are grappling with the pandemic’s disruption of long-held norms regarding when, where and how work happens. Companies that fail to learn the new rules of work could suffer employee defections, a breakdown in corporate culture and lost opportunities, so paying heed to what workers want is more critical than ever, said Bain partner Andrew Schwedel, who co-chairs the firm’s internal think tank, Bain Futures.

The Bain/Dynata survey titled The Working Future: More Human, Not Less looked at 20,000 workers in 10 countries — the United States, Germany, France, Italy, Japan, China, India, Brazil, Indonesia, and Nigeria — representing around 65 percent of global gross domestic product (GDP).

James Root, senior partner at Bain & Company, says it’s a myth that China is simply a “fast follower,” and elaborates on the “extraordinary” innovation levels in the country.