10 best companies for older workers
It's difficult for older workers to job hop in this economy, but if they are jumping ship, here are some good places to land.
This post comes from Catey Hill at partner site SmartMoney.
Over 25 years, the average tenure at a company for men age 55 to 64 declined by more than five years, from 15.3 years in 1983 to 10.1 years in 2008, according to data from the Center for Retirement Research at Boston College. "Older workers are increasingly moving from one job to another," writes Alicia Munnell on Encore.
Of course, the current economy has made it tougher for older workers to job hop. But that doesn't mean that burned-out boomers aren't looking to jump ship. In fact, nearly one-third of boomers had job interviews set up or planned to in the coming year, according to a 2010 study by staffing firm Adecco. Post continues after video.
If you find yourself in that group, AARP has a new resource for you: its "2011 Best Employers for Workers Over 50" list. To compile the list, the organization looked at employers that had at least 50 employees and ranked them on a variety of criteria, such as how frequently they recruit older workers; how much training and education they offer them; flexible scheduling, job sharing and phased retirement options; and the quality of retirement and health benefits. (How much will your 401k provide? Try MSN Money's calculator.)
Here are AARP's top picks for employers for older workers:
- Scripps Health
- Cornell University
- National Institutes of Health
- First Horizon National
- West Virginia University
- The YMCA of Greater Rochester
- Atlantic Health System
- Mercy Health System
- Bon Secours Richmond Health System
- The Aerospace Corp.
You can read the full list here.
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