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- Profitability can be sustained through
alternative work arrangements such as part-time or job sharing as an
alternative to de-hiring when cut backs are needed
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- IBM found that experienced workers 45 and over
do as well in technology training as do younger workers
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- Sustain your productivity by keeping
experienced employees longer
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- Many experienced workers are motivated by
personal growth, training and workplace variety
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- Investigate your long-term hiring needs to
ensure experienced workers remain with your company
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- Experienced workers are conscientious,
hardworking, have a strong work ethic and have fewer accidents than
people under 25 years of age
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- Start a re-training strategy for existing
employees over 45 years of age
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- Those 45 and over are multi-skilled from years
of experience
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- Think about helping workers 55-65 to share
jobs and plan for retirement
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- More experienced workers between 45-65 years
of age are staying in the work force longer and given a choice, half
of retired people are interested in full or part time work
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- Implement rotating responsibilities with your
current employees to give employees more experience
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- Mature workers produce lower insurance
premiums as they are unlikely to have dependents
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- Devise an alternative strategy to lay-offs
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- Younger workers call in sick an average 3.7
days annually. Those 45 or older call in sick an average of 2.1
days annually
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- Form "job corps" for community
projects to stimulate initiatives on "alternative employment
opportunities"
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- Probability of older workers being retained
longer is higher than for younger workers
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- Fill your part-time requirements with your
retired or laid-off workers
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