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Older Workers: The Next Hot Hire

Posted By Dave Simon, Monday, June 18, 2012

A recent survey by the Society for Human Resource Management, conducted in partnership with AARP, found that nearly half of all employers think the loss of older workers over the coming decade could be a problem for them. Nearly 40 percent think their entire industries will be adversely affected. Nearly two-thirds of organizations with more than 25,000 employees have developed succession plans to deal with the loss of experienced employees.

As employers, ESA member companies seek out college grads and potential new employees to join our industry. But if you’re only concentrating your efforts on grads and new workers, you may be missing a hidden jewel: Older workers. The reality for most people working today is that they’re going to continue to work past the previously-defined retirement age of 65.

Considering the current economic reality, it’s likely the baby boomer group in the 55-70 age bracket will keep working throughout their 60’s. This age group has a lot going for it, including experience, knowledge and consistency. So, when you need to hire, include older workers in your recruiting process. An experienced worker can jump in and be more productive more quickly than someone right out of high school or college, which can benefit your business and your bottom line.

Tags:  employees  experience  hire  recruitment  security 

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