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Employers overlooking the 50+ age group are missing out on a valuable source of talent and experience.
50+ workers are motivated by current and future financial needs to stay in the workplace. They also continue to work for psychological and social fulfillment. It is expected that 35% of the workforce will be 50+ in 2022, as compared to just 25% in 2002. Research confirms that the rate of growth of health care costs for workers 50+ is slower than for younger counterparts. The 50+ cohort continues to be the most engaged across all generations, bringing important knowledge, skills and problem-solving experience to the workplace.*
50+ talent is a key ingredient in a high-performing workforce.
A SHRM survey of HR professionals notes the following attributes of 50+ age workers:
Learn more about how hiring older workers can influence your business.
Are you getting the talent and skills you need in your workforce?
Maybe it’s time to rethink 50.
Have specific needs right now? Contact a Business Liaison.
*Source: “A Business Case for Workers Age 50+: A Look at the Value of Experience, 2015” (published by AARP, April 2015)