NORWICH – As the fastest-growing sector of today’s workforce, Americans age 55 and older play a vital role – a trend the U.S. Department of Labor (DOL) says will continue through the 21st century.
Experience Works, a national nonprofit organization providing training, community service, and employment opportunities for older workers in 30 states and Puerto Rico, joins the DOL in celebrating the contributions of older workers and the great value they bring to the workplace during National Employ Older Workers Week, Sept. 21-27, 2014.
According to DOL, nearly half of all employers think the loss of their older employees over the next decade could be a problem for them. Forwarding-thinking employers are developing strategies to attract and retain older workers. Older workers’ experience enhances their decision-making skills, they keep institutional memory within a business, and can help reduce employee turnover.
“Employers are beginning to recognize that by developing an intergenerational workforce, they can increase their competitive advantage,” said Sarah Biggers, Chief Executive Officer for Experience Works. “It’s all about creating opportunities to succeed – not only for the business, but for the older worker as well.”