As global populations age, the need for businesses to recruit and retain older workers becomes increasingly vital. This new report, together with GCOA member Bank of America, explores the importance of embracing this demographic shift, not only to combat ageism but also to enhance organizational success and foster healthier communities.
Employee benefits packages, including health insurance, retirement plans, and flexible work arrangements, are crucial tools for attracting and retaining older talent. By offering tailored benefits—such as caregiving leave, phased retirement, and financial planning support—employers can extend careers, leverage the unique expertise of older workers, and ensure sustained productivity.
This report highlights best practices for creating an age-inclusive environment, demonstrating how businesses can build comprehensive benefits that support both personal and professional well-being, resulting in a healthier, more engaged workforce.