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Research suggests that companies can save money by retaining older workers who are more loyal. Here are guidelines to follow and areas to focus on to retain these valuable employees.

Workplaces are dynamic and constantly changing, which leads some managers to think that a new perspective is better. However, older employees are an advantage for employers because they often bring a strong work ethic and unparalleled knowledge from their tenured careers.  

The federal Age Discrimination in Employment Act (ADEA) prohibits discrimination against people aged 40 or older. It applies to companies with at least 20 employees during any 20 weeks in either the current or preceding calendar year. Keep in mind that some states have lower threshold ages than 40 for their laws.

Companies must have a zero-tolerance attitude for derogatory comments, like referring to older employees as “dinobabies,” “grandma,” “grandpa,” or “mother hen,” and require that they are reported and corrected quickly.

To have a dynamic workplace and comply with the law, employers must be poised to identify potential age discrimination in the workplace by following these guidelines.

Read the complete Fast Company article BY VANESSA MATSIS-MCCREADY: https://www.fastcompany.com/90733899/how-to-identify-and-prevent-age-discrimination-at-work

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