This report by Marsh McLennan, in collaboration with Mercer and Oliver Wyman, examines and quantifies the risks of rapid societal ageing and of experienced workers' susceptibility to automation across 15 major markets in the Americas, Europe, and Asia-Pacific, revealing that older workers are at moderate-to-high risk of being displaced by automation, with those in advanced and emerging markets in Asia at highest risk. Although automation has the potential to offset the productivity fallouts from societal ageing, it can also suppress labour opportunities for experienced workers. The report discusses the potential corporate response to these trends and proposes a pathway for companies to not only guard against adverse trends in the labour market, such as shrinking labour forces and talent shortages, but also help companies reposition themselves to leverage both new technologies as well as the extraordinary value that the experienced workforce can offer.