New York City’s Age Smart Employer Awards recognize firms that embrace policies supporting workers of all ages — including older employees — and the benefits these companies reap can be instructive to us all.
A full 18 percent of New York City’s workforce is composed of 700,000 actively employed residents over the age of 55. The aging of the sizeable Baby Boom generation, coupled with longer lifespans and the desire among many people to work later into life, means the number of employed older New Yorkers will continue to grow for at least the next 20 years. Employers that wish to maximize their access to and retention of this experienced workforce must install policies and practices that make work work for people of all ages, including older workers — not only in New York, but across the country. Read more…