Your Number One Sustainable Competitive Advantage is Your People
There is an amazing talent pool ready to work.
Are you taking advantage of this incredible resource?
Or are you stuck repeating the practices of the past?
Age Smart Employers understand the benefits of older workers.
Many older adults want to and need to continue to work
About two thirds of those who retired early due to Covid, would happily return for the right role
Given their experience, most are “job ready” with minimum on-boarding and training needed offering immediate relief
Life and experience has instilled many key attributes employers are looking for: problem solving, critical thinking, self-management and personal accountability, resilience, leadership and social skills
Age Smart Employers understand the value or preserving institutional knowledge and providing mentoring for those with less experience.
Obviously, when experienced workers are walked out the door, they take with them critical knowledge and relationships - capturing institutional knowledge is critical for your future
Older workers are happy to mentor younger workers and understand there is much for them to learn as well from their colleagues of all ages
Age Smart Employers gain significant benefits.
Improved morale, productivity, innovation, engagement and retention.
Workforce stability improves as older workers tend to stay longer and in some cases just simply adding a 10% share of older workers can reduce turnover by close to 5%.
Older workers are just more engaged and find greater meaning in their work
The presence of older workers boosts productivity and tenure among younger workers
An overwhelming majority of employers say that older workers perform as well or better than younger employees and have the potential to stay a company long term
Age diversity always improves productivity and innovation – there is a spillover effect that comes from experience in terms of avoiding mistakes
Improved profitability and resilience. They recover faster when setbacks occur.
Would you like to learn more about our Age Smart Employer program?
We are here to help if you’d like to explore some new and innovative approaches to building a powerful sustainable competitive advantage.