What strategies are companies using to retain older workers instead of pushing them into early retirement?
Understand the Problem
The question appears to be addressing the employment dynamics of older workers and the strategies used by companies like IBM to retain their skills while balancing cost reductions. It seems to explore the implications of temporary employment and bridge jobs for older individuals transitioning into retirement.
Answer
Flexible work, wellness programs, career opportunities, age diversity support.
Companies use strategies like flexible work conditions, health and wellness programs, career development opportunities, and HR policies supporting age diversity to retain older workers.
Answer for screen readers
Companies use strategies like flexible work conditions, health and wellness programs, career development opportunities, and HR policies supporting age diversity to retain older workers.
More Information
Retaining older workers not only leverages their experience but also supports diversity and inclusion in the workplace.
Tips
A common mistake is not implementing flexible working arrangements which are vital in accommodating older workers’ needs.
Sources
- Aging Workforce Strategy - acuityinternational.com
- 7 Principles to Attract and Retain Older Workers - hbr.org
- How to Hire and Retain Older Workers - peoplescout.com