"The Financial Benefits of Hiring and Retaining Older Workers in Today's Labor Market"

1 min read
Source: Fortune
"The Financial Benefits of Hiring and Retaining Older Workers in Today's Labor Market"
Photo: Fortune
TL;DR Summary

The U.S. workforce is seeing a surge in employees over 65, with older workers making up a significant portion of the labor force. Employers are recognizing the value of intergenerational teams, as older workers bring loyalty, experience, and a desire to make improvements. Research suggests that teams with a wide age range are more productive, and older workers can help combat burnout. However, pervasive ageism remains a barrier, with many older workers feeling unsupported. To foster age-inclusivity, companies are implementing policies and programs to support and retain older workers, recognizing the need to capitalize on their wisdom and experience.

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