Is 50 too old to work? Compared to previous years, the survey saw an increase in the number of respondents reporting no reluctance to employ older workers.
A new survey on attitudes to employing older workers has found that up to 30 per cent of Australian businesses are reluctant to hire workers over a certain age.
For more than two thirds of this group, that age was over 50.
The survey of more than 900 human resource professionals was conducted by the Australian HR Institute, supported by the Australian Human Rights Commission, between July and August 2018. It builds on research conducted by AHRI in 2014 and 2012.
Despite a significant minority reporting that their organisation was reluctant to hire people over 50, the trend overall indicates an increase in respondents reporting definitely no reluctance to employ older workers (28 per cent in 2018, up from 8 per cent in 2014).
Age Discrimination Commissioner Dr Kay Patterson said while it was deeply concerning that some employers were still reluctant to hire people over 50, it was encouraging to see progress.
“Age discrimination in employment is tied to damaging, dated and inaccurate ideas about older workers. It is heartening to see the age at which people define ‘older’ has shifted upwards to 61 years or more and that more recruiters don’t see age as a barrier,” Dr Patterson said.
“As we live longer and healthier lives it is crucial for people to be able to contribute through the paid workforce, which is not only good for the economy and workplaces but contributes to a sense of meaning and purpose for individuals.”
The survey found a significant number of respondents believe their businesses gain an advantage from older workers’ experience (76 per cent) and the professional knowledge they possess (68 per cent). Yet, only 26 per cent of organisations methodically capture corporate knowledge from departing employees.
Almost two thirds of the sample group (63 per cent) report older worker departure caused a loss of key skills.
AHRI chief executive Lyn Goodear said the demographic group leaving the workforce in significant numbers at present is largely made up of the cohort born in the years after the Second World War.
“That is a disproportionately large cohort, yet only 21 per cent of respondents to this study report their organisation engages in phased retirement practices as a way to manage the loss of intellectual capital,” Ms Goodear said.
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