HR Tip of the Week

HR Tip of the Week

HR Tip of the Week: Tapping Into the Senior Market

The senior labor market holds value that many companies are finding they can’t afford to overlook. Unemployment rates continue to hover at record-low levels and employers are increasingly challenged to fill positions requiring specialized skills and experience. More and more seniors are choosing to work past the age of 65, which presents opportunities for employers looking for knowledge and skills to fill the gap. Consider the following strategies to appeal to the senior workforce:

  • Well-being enhancements, such as financial and retirement planning programs.
  • Flexible employment.
  • Consulting arrangements.
  • Phased retirement, in which employees work fewer hours per week in exchange for flexibility.

Read more about what companies are doing to attract the senior market.


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