Wednesday, July 27, 2011

Valuing Older Workers



In today’s business world, older workers can become an invaluable asset to any organization. There are studies that indicate that older workers tend to be more committed to organizations. They tend to take on positions for the long term rather than the short term. In addition, older workers tend to call off less form work unless there is an emergency. In this, they are more likely to generate, or accumulate, vacation time than are younger workers.

Now, in addition to being committed to organizations, while in an organization, older works can provide invaluable insight within different areas of an organization. For example, if a person has been in a position for 20, 30, 40, or 50 years, then that person most likely knows the ropes of that position. They can provide you with information that you may not be able to get from your market research or looking at the history of your company or industry. The older worker just might know some inside stuff that can actually help your organization to get a competitive advantage.

Nonprofits have taken advantage of older workers. A number of nonprofits have Baby Boomers on their boards, and they have Baby Boomers as volunteers within their organizations. This actually strengthens their human capital which increases their market share; and it helps organizations or nonprofits to make more money.

When looking at older workers, they’ve been invaluable in nonprofits, and they can also be invaluable in the for-profit world. If you’re that for-profit and you need a consultant or someone to give you information or insight, then you might want to consider hiring an older worker on a part-time basis to help your organization to gain the competitive advantage that it needs.

Thank you for listening. I’m Jovi “Professor Jovi” Brown. Until next time, let’s think better, and do better. I’ll take comments on this blog right here on jovibrownweekdaywords.blogspot.com, or you can go to Facebook, Twitter, LinkedIn, and YouTube.

Again, thank you for listening; and if you want more information on my company, then go to topbrainiac.com/development. Thank you, and have a great day! 

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5 comments:

  1. I think we'll see even more attention paid to older employees as life expectancy increases and we become an older crowd of people in general. Eventually we'll have to retire later, though...

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  2. Nice !!!I think we'll see even more attention paid to older employees as life expectancy increases..They have more experience more than freshers.. Thanks..

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