A wise employer recognizes that with age comes solid work experience. Thus, it is beneficial to both you and the employee to accommodate the needs of your aging employees. While an older workforce may trigger a few considerations, flexibility and additional training can ensure that your employees (and business) continue to prosper.
Baby Boomers are all grown up and represent a large portion of today’s workforce. According to the Bureau of Labor Statistics, more than 40 percent of people age 55 and older consider themselves part of the workforce. Before the recession, many companies were becoming increasingly aware of the needs of older workers. However, many initiatives aimed at meeting those needs have been scrapped because of tumultuous financial times. Labor experts now fear that employers are woefully unprepared to meet the needs of the aging labor force.