Monday, June 8, 2015
Forbes Living Looks at the Graying Workforce
Workers aged 50 to 59 grew by 28 percent in the last decade. The percentage of workers between the ages of 60 and 69 also grew but at a larger 72 percent. Older workers are being hired and keeping jobs at better rates than the younger generations. Forbes Living looks at the graying workforce in
The AARP found that more than 35 percent of the workforce is expected to be more than 50 years old by the year 2022. That is only seven years away. Older workers bring a career’s worth of experience to the workforce. With long resumes and an impressive list of skills, it would be foolish for any employer to overlook the 62 year old for a younger worker. Employees who have matured bring less risk to the business. The mature worker also brings a lifetime of contacts and possible industry open door opportunities. Younger workers have not had a chance of developing those needed career prizes.
Forbes Living TV suggests keeping the older worker on the payroll as long as possible so they can continue to contribute and guide the next generation. Many younger staff members may not think the business lessons learned 30 or more years ago are valid. But they are valid in many more ways the younger generations have not considered. The mature, older employee is a valued asset in any line of business and in any position.