Value of hiring mature workers

Drive by Friday

Drive by Friday –

 

Many companies today recognise the value of hiring mature workers and actively seek to recruit and retain them.  There are several reasons for this trend.

Experience and Expertise

Mature workers often bring a wealth of knowledge and expertise to the table, which can be highly beneficial for businesses.  They may have skills and knowledge acquired over decades of work that are difficult to replace.

Work Ethic and Reliability

Mature workers are often known for their strong work ethic, reliability, and dedication to their jobs.  Employers value these traits as they contribute to productivity and overall performance.

Diversity and Inclusion Initiatives

Many companies are prioritizing diversity and inclusion in their hiring practices, recognising that a diverse workforce leads to better decision-making, innovation, and customer satisfaction.  Hiring mature workers adds age diversity to the workforce.

Knowledge Transfer and Mentorship

Older workers can play a crucial role in knowledge transfer and mentorship within organisations.  They can pass on valuable skills and insights to younger employees, ensuring continuity and succession planning.

Reduced Turnover and Training Costs

Older workers tend to have lower turnover rates compared to our younger workforce.  Additionally, they may require less training due to their extensive experience, resulting in cost savings for employers.

Changing Demographics

With the mix of cultures and the aging population in many countries, companies are recognising the need to adapt their hiring practices to attract and retain mature workers.  This demographic shift has led to a greater focus on age-inclusive policies and practices in many businesses.

Overall, companies are increasingly recognising the benefits of hiring mature workers and actively seek to leverage their skills, experience, and diversity to gain a competitive advantage in the marketplace. 

EXPERIENCE NEVER GETS OLD!

If you haven’t already – watch “The Intern”

The Intern: 7 Movie Clips with Robert De Niro, Anne Hathaway (collider.com)


Need to know more – let’s chat

Please feel free to contact me

lorraine@simpli-u.com.au

Previous
Previous

Feedback in the workplace

Next
Next

Workplace Culture and Employee Perks