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Age is An Asset: Exploring the Benefits of Hiring Older Workers

Mar 15, 2023
Posted by: Brian Hernandez

As the workforce continues to evolve, employers are faced with the challenge of finding the best candidates to fill their open positions. While many companies focus on hiring younger workers, there are significant benefits to hiring older workers. 

Here are just a few reasons why:

1. Experience: Older workers often have years of experience in their field, which means they can bring a wealth of knowledge and expertise to the job. This can be particularly valuable in industries that require specialized skills or knowledge, as older workers may have a deep understanding of the industry that younger workers simply don't have.
2. Reliability: Older workers are often seen as more reliable than their younger counterparts. They are less likely to miss work due to illness or personal issues and tend to have a stronger work ethic. This means that employers can count on them to be at work when they are needed and to be productive while they are there.
3. Loyalty: Older workers are often more loyal to their employers than younger workers. They are less likely to leave for another job or switch careers, meaning employers can rely on them for the long term. This can be particularly valuable in industries where training new employees takes time and money.
4. Lower Turnover: Hiring and training new employees can be costly, so reducing turnover is important for employers. Older workers are less likely to leave their jobs, meaning employers can save money by not having to hire and train new employees constantly.
5. Diverse Perspectives: Older workers come from a different generation and often have different life experiences than younger workers. This means they can bring a diverse perspective to the job, which can be valuable for employers looking to innovate and stay ahead of the curve.
6. Mentorship: Older workers can also be valuable mentors to younger workers. They can share their knowledge and experience and help younger workers develop their skills and careers. This can be particularly valuable in industries with a shortage of skilled workers.

Overall, hiring older workers can bring a range of benefits to employers to boost their bottom line. 

For older workers, think of age, no matter what the number is, as an asset. Think of it as a stronghold in diversity. The truth is, diversity of thought is critical to the survival of many of today’s companies, who boast customers and users that span generations.

By tapping into the skills and knowledge of older workers, employers can create a more productive and successful workforce.

Ready to expand your recruiting strategies? Connect with our Workforce Solutions Rural Capital Area Business Services Team - email businessservices@ruralcapital.net.