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Ignoring older workers

Organisations are “foolish” to ignore older workers as the economy reportedly spirals to a critical skills shortage, Deloitte Australia financial chief executive, Giam Swiegers, says. Mr Swiegers believes the reluctance to invest confidence in older workers contributes to a “slide in the nation’s productivity”.

Posted
by DPS

Organisations are “foolish” to ignore older workers as the economy reportedly spirals to a critical skills shortage, Deloitte Australia financial chief executive, Giam Swiegers, says.

Mr Swiegers believes the reluctance to invest confidence in older workers contributes to a “slide in the nation’s productivity”.

Speaking at a recent conference in Melbourne, he says organisations that fail to retain workers in the 55 to 70-year-old age group were not just “missing out on wisdom, but letting go of talented workers”.

“A current topic of discussion is why is this happening when there is a generation of leaders that are now being overlooked?” Mr Swiegers asks.

The “biggest road block” to economic growth, according to Siemens Australian chief, Albert Goller, is the “failure to measure productivity – especially among leaders”.

Share your thoughts on the benefits older workers bring to the workforce by commenting in the box below.

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