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Workforce » Older Worker Policies


Why It's Important

Information and incentives provided to employers will help encourage employers to develop policies that account for and are inclusive of an older workforce.

 

How Richmond Is Doing

While data is available regarding employer interest, their use of information and incentives is unknown from our research. (ODP BUSINESS LEADER, 2008)

  • Two in five employers said they would find information and/or assistance in helping their organization or company address planning and policies helpful (ODP BUSINESS LEADER, 2008)
  • Employers are most interested in retaining corporate knowledge and supporting an aging workforce (ODP BUSINESS LEADER, 2008)
  • Employers say tax incentives are the most effective way to motivate businesses to support planning and policy for an aging workforce (ODP BUSINESS LEADER, 2008)

OLDER

How Virginia Is Doing

Employers say tax incentives will motivate employers to support aging workforce

How the U.S. Is Doing

Respondents to the AARP 2007 Work and Career Study said they believe age discrimination exists in the working world. Six in ten (60%) believe that age discrimination exists in the workplace, and 13 percent say they have personally experienced such discrimination in the past five years. (AARP, WORK AND CAREER STUDY, 2007)

Data & Information Sources

AARP Work and Career Study, 2007

http://assets.aarp.org/rgcenter/econ/work_career_08.pdf

Federal Interagency Forum on Aging Related Statistics

http://www.agingstats.gov/agingstatsdotnet/main_site/default.aspx

ODP, Residents’ Study & Business Leaders’ Study

http://www.olderdominion.org/documents/ODP_Exec_Sum_03_26-08.pdf

Older American Act

http://www.areaagency8.org/ooact 1965.htm

U.S. Census Bureau, American Community Survey

http://www.census.gov/acs/www/

Virginia Workforce Connection

http://www.vawc.virginia.gov/analyzer/default.asp