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Hiring Older Workers

Get the Experience You Need

By 2012, nearly 20% of the total U.S. workforce will be age 55 or older. As more and more seniors are available for work, more employers are seeing the benefit in hiring them. Click on the tabs below to see how their experience can benefit you.

 

12 Benefits of Hiring Older Workers

Click here External link opens in a new window for the 12 reasons why hiring older workers can help you maintain a reliable, dedicated workforce and provide a significant cost savings for both the short-and long-term. In light of the declining proportion of younger workers and projected shortages, many employers will need to turn to mature, experienced workers in order to gain and maintain a competitive advantage. 

The AARP's study on "The Business Case for Workers Age 50+: Planning for Tomorrow's Talent Needs in Today's Competitive Environment External link opens in a new window "demonstrates that attracting and retaining mature experienced workers is a business imperative.

AARP Workforce Assessment Tool

The AARP Workforce Assessment Tool assists employers in assessing and planning for their current and future workforce needs. The workforce assessment tool produces an individualized report that can serve as the business case for developing your aging workforce strategy. 
Click here to complete a free online assessment of your organization. External link opens in a new window

Planning for Tomorrow’s Needs, What Businesses Should Know

  1. Companies face a potentially significant loss of experienced talent in key roles.
  2. If today's 50+ workers remain in the workforce, companies may be able to escape the talent crunch.
  3. Many U.S. workers expect to be working past retirement age.
  4. Many new workers lack overall professionalism, written communication skills, analytical skills or business knowledge.
  5. Older workers are more motivated to exceed on-the-job expectations.
  6. The benefits of a stable workforce—avoiding turnover costs—can outweigh the incremental cost of benefits for 50+ workers.
  7. Companies need to offer the right mix of rewards to retain and attract older workers.
  8. Few companies are fully prepared for the changes to come in workforce demographics.

State and Federal Programs

In accordance with federal Older American's Act regulations, the Illinois Department on Aging External link opens in a new window has divided Illinois into 13 Planning and Service Areas (PSAs). The 13 Planning and Service Areas in Illinois are managed and served by an Area Agency of Aging. 
Click on the Illinois map link External link opens in a new windowto see which Area Agency on Aging covers your communities.

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