National Older Workers Employment Week: History, Facts & Insights

This is an in-depth look at all the must-know facts about National Older Workers Employment Week (2024) 🗓️ that no one tells you about. National Older Workers Employment Week is celebrated on March 12th.

Among the information you’ll find below: the history of National Older Workers Employment Week, activities to do on and how to observe this holiday, as well as captivating facts you may want to know about National Older Workers Employment Week.

📅 What day is National Older Workers Employment Week 2024?

In 2024, National Older Workers Employment Week is on Sunday, March 12th. It is the 2nd Sunday in March; in 2024, it is Tuesday. There are until the next observance. You also can see all intriguing details and facts about March 12, 2023, that you might not be aware of.

National Older Employees Employment Week takes place in March and aims to recognize the valuable contributions of older workers in the workforce. It also encourages businesses to hire more older employees. This year, the week will be observed from March 12 to March 18. Interestingly, prior to the introduction of retirement in 1883, individuals used to work until they were physically unable to continue. In the United States, the retirement age is currently 65 years. Unfortunately, in recent years, companies have implemented various tactics to push individuals over the age of 40 out of employment. National Older Workers’ Employment Week serves as a campaign against forced retirement.

📜 National Older Workers Employment Week History

During the mid-1800s, the US government started providing public pensions to certain municipal workers in major cities like firefighters, police officers, and teachers. American Express became the first company to offer individual pensions in 1875. By the 1920s, private pensions had become widespread, with various industries such as railways, oil, and banking offering them to their employees. In 1935, during President Franklin D. Roosevelt’s administration, the US government introduced the Social Security Act, which required employees to contribute to their retirement and set the official retirement age at 65.

In the 1900s, retirement became more prominent, and Florida became a popular destination for retired professionals. Retired individuals were referred to as “senior citizens,” and the American Association of Retired Persons (AARP Inc.) was renamed. Nowadays, governments and organizations worldwide are exploring ways to involve older people in the workforce and allow them to continue working until they are no longer able to.

✅ National Older Workers Employment Week Facts

🔖 Older people value older workers
A majority (51%) of individuals from the baby boomer generation hold the belief that older employees excel in problem-solving abilities.

🔖 They experience discrimination from their 50s
A majority of older workers face age discrimination after reaching the age of 50, as revealed by a survey conducted by A.A.R.P.

🔖 Social security does not cover all expenses
Social security benefits provide only 40% of the income you earned before retiring.

👍 Why Is National Older Workers Employment Week Important

Age diversity has been demonstrated to increase productivity in organizations. A mixed-age team will provide greater outcomes than a squad of just young people.

Older employees possess a wealth of information and expertise. They have developed their talent into mastery through the years in the sector, giving the best value to clients, unlike young employees who have limited experience and are more prone to blunders.

Older workers provide steadiness that younger colleagues do not. When they obtain a higher offer, they are less likely to leave, lowering the cost of acquiring new employees.

🙂 How To Observe National Older Workers Employment Week

⚡ Raise awareness about the importance of older workers
In observance of National Older Employees Employment Week, take advantage of your influence and available resources to raise awareness about the advantages of having older workers in the workforce. Utilize platforms like Twitter Spaces to engage in discussions about the contributions of older employees to the economy. Share informative statistics about older workers on social media platforms such as Facebook or Instagram. Additionally, consider supporting charitable organizations that are dedicated to promoting the inclusion of older individuals in the workforce.

⚡ Hire an older worker
During National Older Workers’ Employment Week, it is important for both employers and talent recruiters to focus on finding a balance between older and younger workers within their organizations. This can be achieved by actively encouraging older workers to apply for positions that are currently vacant and prioritizing the candidate’s professional aspirations, skills, and experience over their age.

⚡ Eliminate age stereotypes in your workplace
The company values and prioritizes their older employees. You can play a role in dispelling stereotypes about older workers by educating your coworkers about them and advocating against mandatory retirement practices. It is important to realize that your efforts in combating age discrimination today will have positive outcomes for you in the future.

📅 When is National Older Workers Employment Week?

See all 🔗 March holidays, including 🔗 Special Interest and other 🔗 Awareness holidays.

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