There are more people over age 55 in the American work force today than at any time in history—more than 24 million in fact. A quarter of them are older than 65. These figures represent a 45% increase from just a decade ago, according to consultants Challenger, Gray & Christmas.
The trend runs even stronger in Ohio, which has more residents over 65 than the national average. Currently, Ohio is tied with two other states for 17th, with 12.8% of its population over the age of 65. The national average is 12.1%.
The aging work force presents both opportunities and challenges to Ohio employers. Older workers bring many years of experience, strong work ethics and wisdom to the workplace.
Because many Americans are remaining healthier longer, they’re opting to work longer, either staying in current jobs or trying new careers. And they’re not just working in low-paying, low-skill jobs.
Government research shows that older emplo...(register to read more)
- How to Fire an Employee the Legal Way: 6 Termination Guidelines
- 14 Tips on Business Etiquette
- Employee refuses to cooperate with internal investigation? That's a firing offense
- Double jeopardy: 2 lawsuits seek to stop overtime rules
- Court upholds observed urination for rail workers during drug tests
- Confidential comp: Can we ban talk of pay?