InfoPEIHOME / EMPLOYMENT / OLDER WORKER AWARENESS / Employers
Older workers are the most rapidly growing segment of the labour force, but are often looked upon by employers as being less productive, inflexible and more costly to retain compared to "younger" workers. Nothing could be further from the truth. Productivity is not age related. It often increases as a worker matures through greater accuracy and dependability and the ability to make better on-the-spot decisions. It has also been shown that older workers' productivity rates are steadier than other age groups. Older workers are keen to learn and apply new skills. They adapt to new technology quickly. Given the high employer loyalty among older workers, the future work life of an older worker more than covers most training investments. It pays to keep older workers' skills current! And with low turnover, low number of lost days (sick days and days off) and lower accident rates, salary and benefit costs for older workers are often lower overall compared to other age groups. It all adds up...older workers are a great business investment! | ||||||
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What is an older worker? Definitions vary, but an older worker is generally someone 45 to 50 years of age and older.