Hiring Older Workers – 6 Key Benefits for Your Business
Myths about older workers cause many organizations to lose out on top quality employees. But, older workers possess qualities that most employers strive to find – knowledgeable, dedicated, willing to learn, and team players.
If you are not convinced that older workers are a critical part of the workforce, take a look at these five reasons why employers should hire older workers.
Older workers can tap into both professional and personal experiences that help them excel in the workplace. It’s an obvious but sometimes overlooked asset.
Some employers might worry about a learning curve when it comes to technology. However, research proves that older adults can and are willing to learn tech skills. On the other hand, you cannot teach a younger worker what the older employee has learned after 20 years on the job.
Wisdom comes with time. And wisdom often means the difference between a smart decision that helps your business and a mistake that sets you back.
They are reliable
Older workers tend to be reliable employees. Research shows that older employees are more likely to show up to work on time, and less likely to call in sick. Older workers also do not switch jobs as often as their younger colleagues.
Older employees shine when it comes to maturity and professionalism – resulting in a strong work ethic. With an older worker, you often find yourself with someone who works hard to get the job done right.
They can be cost effective
One stigma about older workers is that they cost an employer more money than a younger employee. Some costs, such as health insurance, might go up, but long-term effects often outweigh expenses.
Usually, older workers show up to work and do not job jump. This saves a company from the high cost of frequent turnovers. Recruitment is one of the highest staffing expenses, but an older workforce reduces your need to constantly recruit.
Older workers also play an important role in providing skills to younger team members. By passing on their knowledge and experience, you gain more long-term employees through younger workers that stay with your company. Organizations that tend to have long-term employees save money.
They have confidence
In many cases, confidence is a result of experience. As we age, we become more comfortable with who we are and what we know. The combination of confidence and expertise goes a long way in the workplace.
Confidence exuded by older workers can have a positive effect on younger employees. Older employees can guide their younger counterparts through gaining self-esteem at work. When your team is confident in what they do, your business runs more effectively.
They’re great listeners
As well as verbally communicating, another reason to hire older workers is their ability to listen.
If they’re still motivated to work, they’ll be willing to take things on board and learn quickly.
Their calm demeanour and handling of workplace politics will make them the ideal people for younger colleagues to confide in as well.
Age Diversity Is Smart Business, Including Hiring Older Workers
Having an age-diverse workforce makes sense for most workplaces. Older employees represent the largest part of the buying market. They might find it easier to connect with the people you are targeting as customers. This connection can also provide valuable insight into your business.
Creating a diverse, welcoming environment for all reflects positively on your brand. It will likely result in growing your customer base and retention of existing customers.