Are you looking for experienced staff?
Canberra Business Chamber and CIT and the ACT Government (Skills Canberra) have partnered in the Mature Workers Grants Program. The program will help drive greater awareness amongst employers of the business benefits of hiring older workers, address barriers experienced by older workers – people aged 45 years or older and Australian Apprentices aged 25 years or older – and help opening doors for job seekers seeking to upskill or reskill.
Mature workers as a source of wisdom capital: broadening perspectives
Like all employees, mature workers bring a range/variety of skills and capabilities, talents, abilities and experience to the workplace. They are, in fact, a type of human capital, with a great work ethic, creating value for organisations with numerous positive outcomes, such as:
- increased employee loyalty,
- decreased employee turnover,
- retention of institutional knowledge,
- increased employee productivity and;
- helping hone young talents.
Employing mature workers ensures that your team best reflects the community in which it operates.
Numerous studies have shown employees and customers are more loyal to organisations that demonstrate they value diversity and inclusion and that their workforce reflects the community as a whole. Increasingly, evidence of inclusion is being taken into consideration when awarding contracts and tenders.
Mature and experienced employees bring a complete set of skills to your organisation and can help you understand what your customers or clients may need and give you an edge over your competitors by providing better service. In addition, a workforce that reflects the diversity of the wider community is likely to lead to greater customer loyalty and satisfaction.
A schedule of information sessions will be published in the coming weeks. These sessions will give you the opportunity to learn more about the program and the opportunities and positive outcomes it provides. You will also meet fellow Canberra Business Chamber members who are already doing this.
What can I do?
- Register your interest here
- Consider attending a peer-to-peer information session. A schedule of information sessions will be published here in the coming weeks
- Use the information, stories and video on this page to help you gain a greater understanding of employing a mature worker
Frequently asked questions
- Research shows there is often lower absenteeism and low incidence of workplace
- Numerous studies have shown that older workers are valuable assets and well-equipped and able to enhance companies/organisations to achieve other patterns of performance. It is advocated here that their knowledge and expertise constitute and authentic source of organizational wisdom capital that deserves careful attention.
- There is scarce evidence suggesting that productivity declines with age. Taken as a whole, older workers tend to be more reliable and show lower rates of absenteeism. Given the age-related declines in strength, stamina, and response speed, jobs that are physically demanding or highly paced may be suitable for older workers. In contrast, flexible work schedules or alternative work arrangements (e.g. working from home) may also be suitable for older people.
Evidence also indicates that older workers often perform as effectively as their younger counterparts.
Older workers have high loyalty and retention/reduced staff turnover and re-training costs. Older workers are experienced (life skills), dedicated, loyal, keen, motivated and responsible people.
The Mature Workers Grants Program is an initiative of the ACT Government Skills Canberra