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Fact-of-the-Week: 6 September 2011

fact of the week

Employers Try to Retain Older Workers to Avoid Knowledge Drain

Among steps that employers plan to take to mitigate the potential loss of knowledge as older workers retire, more than half of the employers say that they will try to keep older workers on as part-time workers or consultants (69%)... while almost half (46%) will try to entice older workers to remain as full-time employees, according to a 2011 AARP survey of over 1000 HR directors.
Perron, R. (2011). Employer experiences and expectations: Finding, training, and keeping qualified workers. Washington, DC: AARP. Retrieved from (chart 24, p. 30).

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