The Long-Term Benefits of Hiring Older Workers

Some insights on why hiring older employees can be beneficial to companies

Photo by Amy Hirschi on Unsplash

I got quite a few responses to my last article on searching for a job in my 50s, and one of them was incredibly insightful. Here’s an excerpt from MXM’s reply:

I have removed years from my degrees in LinkedIn and on my resume, and even dropped some early jobs or early job titles in a long running job. I also only use 20 year old pictures in LinkedIn or on my portfolio website. I am trying to make it seem I am as close to 40 as possible. I have even considered dying my hair to at least reduce the gray the last two times I was job searching.

You can read his full reply at the link above.

Since writing this article, I have done some more research on job searching later in life. I found some great facts and discovered some things I never even considered. Here is what I found:

Older employees lead to reduced turnover costs

Turnover is a significant expense for any company, involving recruitment, training, and lost productivity costs. Older employees, particularly those over 50, tend to stay in their jobs much longer than their younger counterparts. According to the U.S. Bureau of Labor…