Last Updated Sep 5, 2007 12:52 PM EDT
- At CVS pharmacies, more than 1,000 employees take part in a "snowbird" program that allows them to migrate between stores in different parts of the country as the seasons change.
- Massachusetts General Hospital now provides lengthier training for older nurses who wish to return to their occupation but are no longer current with the latest technology.
The strategies are worth looking into as older employees can offer more than experience. Managers at CVS, for instance, claim that "older workers sometimes are friendlier to customers and have a better work ethic than their younger counterparts." In some retail sectors, managers believe that boomer workers better understand their customers. Borders Group, for example, recognizing that over half of book buyers are over 45, has increased its efforts to hire middle-age workers.
If some of your most knowledgeable workers are getting perilously close to retirement, consider what measures might help your company retain these boomer employees and their wealth of experience.