- 4 out of 10 U.S. workers say their organizations want to hold onto older workers because they are difficult to replace
- More than twice as many businesses encourage older workers to stay on the job than to retire early
- Only 1 in 10 organizations are promoting retirement for older workers
What's behind it all?
- More than a third told the Hudson survey that their firms offer formal mentoring programs to pair a younger worker with an older one for guidance and training. That number rises to half of companies with 250-500 employees.
BOTTOMLINE: "Organizations that go beyond accommodation to active engagement of older workers stand to benefit from a loyal, hardworking labor force that offers tremendous experience and institutional knowledge."