Retention of Older Workers Essay - 1100 Words

Many physical changes associated with aging can affect productivity. Those that have been investigated include decreased cardiorespiratory functioning, reduced muscle strength and sensory deterioration. A decrease in cardiorespiratory functioning often leads to increased fatigue, according to a 1995 study. This can reduce productivity in older workers, who may be relegated to more physically demanding tasks if they lack technical skills for more cognitive tasks. Deterioration of muscular strength has been implicated in the decline in productive work performance of industrial workers who must repeatedly lift heavy objects. Muscular endurance, however, has proven more difficult to assess. A 1991 study found that 80 percent of workers on†¦show more content†¦1. Knowledge: Factual procedural knowledge relevant to the performance of ones job appears to remain stable with age. 2. Skills: Physical or cognitive procedures acquired through experience are relevant to the performance of specific jobs and not adequately measured within standard laboratory assessments. 3. Abilities: General physical or cognitive abilities that set limits on the acquisition of knowledge or skills are relevant to functioning in novel situations. 4. Other: Miscellaneous factors affect job performance such as motivation, loyalty and morale. Research clearly indicates that with age only some abilities tend to decline and the job performance of older workers can remain stable despite deterioration in general physical and/or cognitive abilities. Where do we go from here? While most empirical research finds no significant association between age and job performance, older workers do require training and proactive general and physical health interventions to maintain maximum productivity. Replacing negative age-biased stereotypes with factual knowledge derived from empirical research from the fields of physical health, psychology and sociology have led to some effective suggestions and strategies aimed at recruiting and maintaining valuable, experienced and loyal older workers. As baby boomers gray and a quot;baby bustquot; sets in on the other end of the age spectrum, older employees will become increasingly more valuable andShow MoreRelatedLiterature Review. While There Has Been Research In Subjects1028 Words   |  5 Pagesfactors in employee turnover and satisfaction. Studies have been done on the retention and turnover of older workers (Armstrong-Stassen Ursel, 2009), developing retention policies (Mitchell, Holtom, Lee, 2001), job content and satisfaction (Ertas, 2015), and the effects of employee retention on an organization (Davis, 2013). However, little research also exists concerning millennials as well. Employee Turnover and Retention Employees leaving an organization voluntarily is a substantial problem.Read MoreRetaining The National Nursing Shortage1643 Words   |  7 Pagesissue. Possible solutions to the nursing shortage include retaining older nurses who are looking to retire, increasing the amount of students graduating from nursing schools, and drawing nurses who have left the nursing workforce back to the bedside (Hatcher, 2006). Leaders must assess the nursing turnover in their organization and strategize on ways to retain those nurses. Organizations must implement techniques to retain older nurses to help combat the national nursing shortage and prevent a nationalRead MoreThe National Nursing Shortage1724 Words   |  7 Pages Possible solutions to the nursing shortage include retaining older nurses who are looking to retire, increasing the amount of students graduating from nursing schools, and drawing nurses back to the bedside who have left the nursing workforce (Hatcher, 2006). Leaders must asses s the nursing turnover in their organization, and they must strategize on ways to retain those nurses. Organizations must implement techniques to retain older nurses to help combat the national nursing shortage and preventRead MoreInvestment on Hr761 Words   |  4 Pagespeople 55 and older holding jobs hitting a record 28 million in 2010. At the same time, the portion of people ages 16-24 in the labor market was at the lowest level since the government began tracking in 1948, falling from 66% in 2000 to 55%, just 17 million of the overall employment base1. Leaving aside the obvious issue of where we get replacement workers for the retiring workforce, these two employee cohorts are quite different. The ways organizations will hire and retain these workers going forwardRead MoreLuxor Cosmetics Case Study Analysis Essay886 Words   |  4 Pagesrespect to age certain facts are undeniable. As workers become older, younger workers are always there to fill in, however, because more and more older workers are choosing not to retire, log jams are popping up in many large companies. The positives here are that older workers can be assets, not liabilities to their employers. Older workers retain their mental faculties, can learn new skills, and are not necessarily more rigid. Healthy older workers do not cost more in medical benefits than youngerRead MoreA Brief Note On Older Care And Employment Of Migrant Workers795 Words   |  4 PagesMarketisation of Older Care and Employment of Migrant Workers in Western Countries Researchers focus on the marketization of older care in western countries, including Northern European countries, Italy, Spain, and the UK (Bettio et al., 2006; Shutes and Chiatti, 2012). Meanwhile, there are findings revealing the difficulties of care workers recruitment and retention, as well as potential labour shortage in the care sector and demand for migrant workers (Shutes, 2014). The migrant workers they concernedRead MoreRecruitment, Selection, And Retention . The Amount Of Healthcare1382 Words   |  6 PagesRecruitment, Selection, and Retention The amount of Healthcare employees in the United states is expected to continue to change dramatically in the upcoming years. The generation known as the â€Å"Baby Boomers† are retired or heading towards retirement. The first set in this generation was born in 1946 and became entitled in 2008 for retirement which lead to a 11 percent decrease in the workforce. This decrease lead to an inadequate supply of replacement workers to fill the gaps so in 2015 twenty percentRead MoreA Letter Regarding the Shortage of Skilled Employees1803 Words   |  7 Pages companies are finding it hard staffing their companies with skilled workers. Australian companies across all sectors are not spared in the ensuing demand for skilled workers of which demand far outstrip supply. There have been reported cases of labor and skilled shortages. In some Australian territories, this shortage is absolute as observed in the Northern territories of Australia while in other areas, the low skilled workers there are not willing to take up jobs for the wages being paid by theRead MoreLabour Force Essay901 Words   |  4 Pages28 million prime-age workers and 1.7 million workers 55 and over joined the labor force, while reductions in the youth labor force amounted to about 2.4 million. Over the next decade, instead of having nearly all increases in employment coming from the 25 to 54-year-old age group, fewer than one in three (31 percent) of the added workers will be in this category. In short, the evidence suggests that there is substantial potential for increased labor force participation at older ages. There has beenRead MoreThe Aging Workforce And Its Impact On Organizations1430 Words   |  6 Pagesthere are not enough younger workers to replace the older workers. Labor shortages in key industries will force a radical rethinking of recruitment, retention, flexible work schedules and retirement. About 76 million baby boomers are set to retire by the end of this decade. 35 % say that they will work part time just for the interest and enjoyment. 26% say that they will work mainly for the income. 17% say that they have a plan to start their own business. 5% of older workers say that they plan to work