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Older Workers Play Key Role in Workforce,
Despite continued Ageism
Workers over the age of 55 represent a large portion of the population and are projected to represent 25% of the labor force by 2024.
Although the pandemic resulted in a mass exodus in retirement age workers, many older employees are working longer and, in some cases, well beyond the traditional age of retirement.
There is a tremendous opportunity for employers to adopt stay, return, contract or part-time models to accommodate older workers while filling organizational skills and knowledge gaps.
Despite this opportunity, older employees continue to face age discrimination in the workplace. Some employers avoid hiring older workers, force them into early retirement, and reduce or deny certain benefits due to their age. For this reason, it's important to incorporate bias training as well as DE&I initiatives to ensure equal treatment and opportunity for all current and potential employees.
Source: SHRM
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