Aging & Work Facts Database
This database provides you with easy-to-access facts and statistics related to aging & work. Here you will find:
- A sentence with a fact/statistic.
- The full citation so you can locate the source of the statistic (e.g., article, report, etc.).
- A short description of the study connected to the fact/statistic.
- And, in some cases, a figure representing the facts or statistics, such as a bar graph.
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Older Workers, Advantages of
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- The Society for Human Resources Management (SHRM) reports that 43 percent of its members think that the loss of talent associated with the retirement of baby boomers is a ... more
- In a 2006 survey of employers, 87 percent of the respondents indicated that they perceive the retention of aging workforce to preserve knowledge to be a very significant busin... more
- A 2007 McKinsey survey found that the Boomer generation "not only is the best-educated, most highly skilled aging workforce in US history but also accounts for a disproportion... more
- According to a 2007 AARP report, 34.4% of workers ages 62 and older had had a job that demanded "high cognitive ability," compared with 40.5% of workers ages 50-61, 37.6% of w... more
- According to analysis of 2002 Health and Retirement Survey data, "most older workers face intense non-physical demands on the job. About 55 percent reported in 2002 that their... more
- In a 2007 survey of employees, 74% of Mature workers and 70% of Baby Boomers rated being "Professional" as "extremely or very important" to workplace culture. In comparison,... more
- In a 2007 survey of employees, 90% of Mature workers rated being "Ethical" as "extremely or very important" to workplace culture. In comparison, 84% of Baby Boomers, 83% of G... more
- In a 2007 survey of employees, 56% of Mature workers and 54% of Baby Boomers perceived "Management Skills" to be an element of success in the workplace. In comparison, 45% o... more
- In a 2007 survey of human resource professionals at over 500 organizations, 22.4 percent said it was very true that early-career employees were loyal to the company, compared... more
- In the 2007 National Study of Business Strategy and Workforce Development, 26.5% of employers responded that it is "true/very true" that early-career employees have a high rat... more
- In the 2007 National Study of Business Strategy and Workforce Development, employers responded that it is less likely that late-career employees would look outside the company... more
- Employers in a 2007 study indicated that it was "very true" that late-career employees tend to have positive attributes such as high skill levels (46.7%), professional network... more
- In a 2007 study, over 50% of employers felt it was "very true" that their late-career employees were loyal, reliable, possessed a strong work ethic, and had a low turnover rat... more
- According to data from the 2007 National Study of Business Strategy and Workforce Development, employers respond that is it "very true" that their older adult/late career empl... more
- Despite the fact that over half of the Benchmark organizations reported that knowledge transfer is a challenge, 41% had either not developed processes to transfer institutiona... more
- “Among older employees, men are more likely (33 percent) than women (28 percent) to report having high job autonomy. Older women are more likely than men to report that they... more
- “…women, 50 or more years old, are as likely as older male employees to hold managerial or professional positions (36 percent of men and 37 percent of women).” (p.5)... more
- Seventy-two percent of the HR respondents to the Older Workers Survey indicated that one advantage to hiring older workers was their willingness to work different schedules. (... more
- Information from the 2007 National Study of Business Strategy and Workforce Development indicates that 44.4% of employers report that it is "very true" that their older adult/... more
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| For a print-ready file of all statistics for this topic, click here.
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140 Commonwealth Avenue - McGuinn, 6th Floor - Chestnut Hill, MA 02467
Email: age.work@bc.edu - Phone: 617.552.9195 - Fax: 617.552.9202
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