Should Employers Focus More on Age Diversity?

Should Employers Focus More on Age Diversity?

January, 2022

Diversity is an ongoing topic in workplaces, and while this includes ethnicity and gender, age diversity is just as important. There are currently four generations of employees in the workplace, from Baby Boomers to Generation Z. Including all types of workers can greatly help boost productivity and contribute to a healthier work environment overall. Below are six reasons all employers should consider age diversification in the workplace.

Improved Performance

According to a recent study, age diversity in the workplace can improve the overall performance of a business. Creating mixed-age workgroups within a business is particularly beneficial when complex decisions have to be made.

Low Employee Turnover

When a company has a high employee turnover, it becomes extremely costly for business owners that have to continually hire and train new employees. A high employee turnover is also damaging to the morale in the workplace. Age diversification in the workplace does not only bring employees with more skills and experience to a business, but it also reduces employee turnover. Workers aged 55 and older are less likely to leave a company and more likely to be loyal workers.

A More Innovative Workplace

Age diversification in the workplace allows employers to bring in multiple points of view and people with different experiences, which drives innovation. Employees of different ages will have different strengths and can foster creative thinking.

A Combination of Skill Sets

Every generation will bring their own unique skills to a company. For example, younger workers may be more familiar and experienced with technology, while older workers may have better interpersonal skills. Combining these skill sets in a business that is age-diverse can strengthen the entire company.

An Opportunity for Traditional Business Skills

Many companies are doing business differently these days, and that often involves relying on technology more and more. However, the traditional business model is still very important, and some customers and clients still prefer the old ways of doing business. Older employees will bring these traditional business skills with them, which can attract new customers and increase profits.

Mentorship Platforms

Mentoring in the workplace is important, but it is only possible when employees of different generations are working together. Older workers can rely on their years of work experience to teach younger workers. Younger workers, on the other hand, can utilize their knowledge of technology or industry-related skills to teach older workers. When a workplace is diverse, all employees have the opportunity to teach.

Our Employment Lawyers in Columbus Will Uphold Your Rights

Age diversification in the workplace is not only beneficial for companies. Under the law, employers must provide opportunities to workers of all ages. If you have been discriminated against based on your age, our Columbus employment lawyers at Marshall Forman & Schlein, LLC, can help you file a claim against your employer to recover the full damages you deserve. Call us today or fill out our online form to schedule a consultation and to learn more about how we can help.