Research Report Current Strategies to Employ and Retain Older Workers
Lauren Eyster, Richard W. Johnson, Eric Toder
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As the U.S. population ages and the number of people reaching traditional retirement ages increases, employers need to do more to attract and retain older workers, many of whom are highly experienced, knowledgeable, and skilled. Successful approaches include offering formal and informal phased retirement options and creating flexible work arrangements, such as part-time work, flexible schedules, job sharing, telework arrangements, and snowbird programs. Federal, state, and local governments, as well as nonprofit organizations and post-secondary educational institutions, help older workers find employment and secure job training. They also educate employers about the value of older workers.
Research Areas Aging and retirement
Tags Workplace and industry studies Economic well-being Older workers Pensions Retirement policy
Policy Centers Income and Benefits Policy Center