What the Statistics say:

Benefits of Hiring Workers 55+

1. Growing demographic – Adults aged 55+ will soon make up roughly a quarter of the workforce
2. Experience & judgement – Decades of industry knowledge mean they've learned to ask the right questions and strive to avoid costly mistakes
3. Reliability – Workers aged 55–64 typically stay nearly ten years, more than three times longer than 25‑ to 34‑year‑olds
4. Higher performance – Multigenerational teams meet or exceed expectations 73 % of the time, and companies with above‑average age diversity enjoy 19 % more innovation revenue and 9 % higher profit margins
5. Knowledge transfer – Senior employees mentor younger colleagues
6. Customer trust & adaptability – Long‑tenured staff build customer loyalty and, with training, older workers adapt to new technology

https://www.futureofbusinessandtech.com/future-of-work-and-family/5-key-benefits-of-hiring-older-workers/

https://www.publichealth.columbia.edu/research/others/age-smart-employer/resources/guides/advantages-older-workers