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Consider the numerous benefits an older employee may provide: They are a steady and reliable source of skilled labor. They may offer your younger employees valuable mentoring for free. They're probably more comfortable than younger candidates with flexible hours.
Older workers make great mentors and are able to help their younger colleagues develop professionally. As a result of mentorships, stronger relationships can develop among your workers, which should lead to a more enjoyable culture and work environment and an increase in employee engagement.
Decision-making skills. An obvious benefit of older workers is the experience and skills they bring to a job. You've got someone who can solve your problem today. Employers may have quibbles about older workers being behind the curve when it comes to technology.
In general, older workers are perceived as being less efficient and flexible than their younger counterparts. As shown in Figure 2, the most frequently cited disadvantages of hiring older workers were their: preference to work on known tasks and with known methods (23.3%). Lack of foreign language skills (20%).
Factors that make work fulfilling for older workers are largely the same as they are for other ages. Older workers look for employment that is personally meaningful, flexible, intellectually stimulating, sociable and age-inclusive. They also value opportunities for learning, mentoring others and career progression.
Reality. Myth: Older workers are more likely to be burned out and less productive than their younger colleagues. Reality: According to a 2009 report from the Sloan Center on Aging & Work, hiring managers gave older employees high marks for loyalty, reliability and productivity.
The tight labor market isn't the only reason some employers are hiring older workers. They're also finding, as research from the National Council on Aging has shown, that these employees have lower absentee and turnover rates than younger workers.
Believe it or not, if you're over 40, you're considered an older worker. Older workers may be 45, 55 or 65 years old. In their 70s. Or even older. They are full-time and part-time, temporary and permanent, white collar and blue collar.
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