Business

Cash offered to hire older workers

NEW cash incentives are being offered to employers who hire mature aged workers from July 1.

The Federal Government will pay $1000 to businesses which recruit staff aged 50 or over as part of a new push to keep older people in the workforce for longer.

Mature age workers can be beneficial to your business - they are more loyal, productive, good decision-makers and skilled.

So what can employers do? Here are some tips from the Department of Education, Employment and Workplace Relations:

  • Take an age audit of your employees.
  • Monitor staff turnover and absenteeism by age.
  • Develop an action plan to manage the risks of an ageing workforce.

Topics:  employment mature age



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