German seniors working to advise a younger generation

Global Business

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German car makers are dealing with a shrinking skilled workforce. A new trend is gaining popularity in Germany, where several companies are now asking retired employees to come back to work.

It’s their expertise these firms want, and their willingness to pass it on to younger workers. It is also a good way for retirees to transition to their new lives.

CCTV America’s Paul Barber reports.

German seniors working to advise a younger generation

German seniors working to advise a younger generation

German car makers are dealing with a shrinking skilled workforce. A new trend is gaining popularity in Germany, where several companies are now asking retired employees to come back to work.

More details:

  • The scheme is dubbed ‘Space Cowboys’ after a Hollywood movie about retired astronauts heading back into space.
  • Senior employees are cheaper than external consultants.