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.