Why investing in skills development for older workers makes economic sense
Negative stereotypes about the capability of older workers held by employers are a major barrier to the provision of equal access to training. Common perceptions include older workers don’t want to learn, have difficulty adapting to new technology or struggle to adapt to change. Other perceptions include a belief that investment in training older workers offers a poor return.
However, a report from The Business, Work and Ageing Centre for Research, Australia, makes it clear that:
older workers are interested in undertaking training and furthering their careers
older workers can use their experience and skills to offset any decline in performance due to ageing
when learning programmes are tailored to the age, knowledge and experience of older workers, learning is just as effective as and no more expensive than for younger workers.