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Why Employers Value Older Workers (US)
1st May 2012
As the imminence of baby boomer retirements becomes more of a reality for employers, many have realized that the departures of some of their most experienced and competent employees will create big gaps. There has been no significant erosion of the traditional retirement age of 65. But there is evidence that many more employers will be developing programs to retain or even recruit older employees.
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.
A new report (Monday 14 April 2014) funded by the Centre for Ageing Research and Development in Ireland (CARDI) finds that many older people enjoy good social connections. However, a substantial number are at risk of social exclusion.