A large majority of Canadian small- and medium-sized enterprise (SME) owners agree that workers 65 years and older offer more valuable experience and expertise than younger workers, according to new research from Investors Group.
According to the Canadian financial firm, 96 per cent of SME owners said retirement-age employees bring more value to the table, while 69 per cent contend that this group is not more expensive to employ.
“As more boomers and seniors continue working in their later years, it’s encouraging to see that their value and contribution to the workplace are acknowledged by Canada’s small business owners,” Investors Group tax and estate planning director Dave Ablett said in a statement. “At the same time, finding work in later years will require thinking outside the box and a sound retirement plan to ease the transition into a new phase of life.”
According to Investors Group, the majority of small business owners do not have concerns about lack of stamina and reduced productivity from older workers. To the contrary, 85 per cent said workers 65 years and older are just as productive as younger workers, and 79 per cent concur that senior workers have the required level of energy and ambition for their jobs…
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