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The workforce is aging. Here’s how tailored benefit packages can make a difference.

  • To sustain their workforces as labor demographics skew older, employers must foster age-inclusive work environments and tailor benefit packages to meet older employees’ needs.
  • Examples of benefits that best support older workers’ needs include: Flexible work and phased retirement options, caregiving and grandparents’ leave, menopause support, and assistance with financial and health care literacy.
  • To cultivate an age-inclusive workplace, managers should focus on engaging multigenerational teams and promoting the sharing of knowledge and expertise.
  • Strategies providing benefits which factor in age and individual needs are key to productivity and retaining workers.

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