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Retaining and engaging older workers: A solution to worker shortages in the U.S

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  • Heisler, William
  • Bandow, Diane

Abstract

Over the next 20 years, many organizations will experience significant shortages of skilled workers. At the same time, because of longer lifespans and a gradual rise in what society has considered the traditional retirement age of 65, older workers will represent a growing proportion of the American workforce. For a variety of reasons, many of these older workers desire to continue working and, if retained and engaged, they constitute a significant labor source for mitigating the emerging shortages of skilled workers. However, many organizations are not prepared to take advantage of this demographic shift; some even generate barriers that impede the retention and engagement of older workers. In this article, we identify a variety of ways in which organizations can retain and engage older workers to meet their staffing needs and enhance organizational performance. We also discuss the relationship of these proposals to prominent theories of motivation in management.

Suggested Citation

  • Heisler, William & Bandow, Diane, 2018. "Retaining and engaging older workers: A solution to worker shortages in the U.S," Business Horizons, Elsevier, vol. 61(3), pages 421-430.
    • Handle: RePEc:eee:bushor:v:61:y:2018:i:3:p:421-430
    DOI: 10.1016/j.bushor.2018.01.008
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    References listed on IDEAS

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    1. Taylor, Philip & Earl, Catherine, 2016. "Making the case for older workers," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 27(1-2), pages 14-28.
    2. Taylor, Philip & Earl, Catherine, 2016. "Making the case for older workers," management revue. Socio-economic Studies, Rainer Hampp Verlag, vol. 27(1-2), pages 14-28.
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    Cited by:

    1. Sullivan, Diane M. & Bendell, Bari L., 2023. "Help! Lonely at work: Managerial interventions to combat employee loneliness," Business Horizons, Elsevier, vol. 66(5), pages 655-666.
    2. Crystal Kwan & Ho Chung Tam, 2021. "Ageing in Place in Disaster Prone Rural Coastal Communities: A Case Study of Tai O Village in Hong Kong," Sustainability, MDPI, vol. 13(9), pages 1-21, April.
    3. Hana Urbancová & Monika Hudáková & Adéla Fajčíková, 2020. "Diversity Management as a Tool of Sustainability of Competitive Advantage," Sustainability, MDPI, vol. 12(12), pages 1-16, June.
    4. Ali M. M. S. ALAJMI & Peter LENGYEL, 2020. "Managing Employee Resources The Extent To Which Labour Flexibility Can Generate Employee Commitment," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 24, pages 321-327, December.

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