Question

In the context of human resource management challenges, which of the following statements is true of older workers?

	a.	Older workers have a multicultural perspective unlike younger workers.
	b.	Older workers rarely feel that they owe their companies strong loyalty.
	c.	Older workers have startlingly high expectations for their pay and their responsibilities, but they have little willingness to pay dues.
	d.	Many companies have started offering flexible schedules, training opportunities, and creative pay schedules to retain their best older employees.

Answer 1

d.

Many companies have started offering flexible schedules, training opportunities, and creative pay schedules to retain their best older employees.

The Companies realize that many older skilled workers require little or no training and their lower rates of turnover often make them more dependable employees than younger workers. Therefore although employer concerns about higher benefit costs associated with older workers are realistic, but in many cases these may be offset by the more efficient work habits, lower turnover and lower absenteeism of older workers. Hence many Companies have started offering flexibility to the older employees and creative pay schedules to retain them and if need be, in order to keep them abreast with the changes in the current work environment, training opportunities are also offered to them.