Reasons to Hire Older Workers
Older workers often perform as well as younger workers.
Trust their emotional intelligence to show that they wouldn't be applying for a job if they didn't think they could not only handle it but excel at it.
"There is also ample evidence to assume that traits like drive and curiosity are catalysts for new skill acquisition, even during late adulthood. When it comes to learning new things, there is just no age limit, and the more intellectually engaged people remain when they are older, the more they will contribute to the labor market."
Some feel that older workers demand higher pay. That may be true, but remember, you get what you pay for. Taking a chance on a new grad or hiring someone younger with far less experience, who you believe would perform better, may not be your wisest decision. This increases the chance of a higher turnover rate or the necessity of hiring two people to do the job that someone older and more experienced could handle alone.
Embrace the more experienced, mature workforce! They will undoubtedly surprise you with their wisdom and brilliant ideas. Our future will see people working well beyond age 65. With the Boomer generation retiring and disappearing, there are are plenty of opportunities to hire those well into their 40s and over 50. Women and men equally!
Women over 50 are dealt a double whammy. Why do you think they keep dying their hair and investing so heavily in skin care and makeup?
Here is a response I received when I queried professionals:
"Cost and liability are the main reasons, and the myth that we lose our ability to adapt, change, and improve as well. We are also neglected as mentors to pass on skills, especially soft skills, to the next generations. In the energy industry for example, the benefit burden rate is now nearing 40% of overall salary and wage costs. [sic] ... As far as liability, we actually use our benefits, and the perception is we are not as flexible to travel, visit, or put ourselves at potential risk or liability, and thus OSHA and other costs are much higher to cover reinsurance for us as risk mitigation and liability costs. [sic] ... We are [also] looked upon as preventing younger workers from rising and being promoted."
I still say that you get what you pay for. Sadly, the almighty dollar wins in business most every time.
What are your thoughts on hiring 50+?
What are your thoughts on job searching at 50+?