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September 2011 Article

        

Training Older Employees – it makes sense and pays dividends.

Whilst many employers have no hesitation in training new employees and their younger less experienced employees, the same employers will frequently baulk at training their older or more experienced and long serving employees.

  

Employers often give as their reason for showing training preference to younger employees that they are training for the future. Yet there is good evidence to show that older employees are more loyal and more likely to stay with a firm than younger employees and are thus as good if not better bets for the training dollar.

 

Perhaps it is time to turn around the paradigm and to move away from the stereotypes about older employees being less willing to change and adapt to new methods and ways of working, to a frame of mind where companies take the initiative to invest in their older employees as well as their younger ones. If it is worthwhile in training a 30 year old for say an expected lifespan in your company of 3 - 5 years, then it makes more sense to train a 50 year old, who will likely have a 10 - 15 year lifespan in your company.

 

One of the many myths about older workers is that they are less willing to change and to learn new things; however a survey conducted over 400 senior US HR professionals revealed the following results: 

·         77% agreed that older workers have a higher level of commitment to the organization than younger workers  (only 5% disagreed)

·         68% concluded training older workers costs less or the same as training their younger counterparts (6% disagreed)

·         57% reported that age does not affect the amount of time required to train an employee (14% disagreed)

·         49% determined that older workers grasped new concepts as well as younger workers (18% disagreed)

  

The evidence clearly points to the benefits of training and in particular putting a focus on training of older employees. Employers who continue to avoid employing older people or to neglect their ongoing training are selling both their older employees and themselves short.

 

Disclaimer: This newsletter has been prepared for the information of clients (current and prospective) of The Appointments Group. It should not be relied upon as a substitute for professional or legal advice. The proprietors and consultants of The Appointments Group expressly disclaim any and all liability from any act done or omitted in reliance upon the part or the whole of the contents of this newsletter