Aging & Work Facts Database
Now, for a limited time, the Center on Aging & Work is making this resource available publicly before granting exclusive access to Center Partners & Affiliates, and members of the Center’s research team.
Features of the Aging & Work Facts Database include:
• individual facts searchable by topic
• brief descriptions of studies connected to facts
• powerpoint-ready graphics
• full citations, for those interested in locating the statistic’s source
During this initial period of Beta-testing we welcome your feedback.
The Aging & Work Facts will soon be accessible only through a password protected web page, with exclusive access given to Employer Partners and Affiliates, and members of the Center Research Team. For more information on how to become a Partner or Employer Affiliate, please contact agework@bc.edu.
KEYWORD Search Tips:
• Enter one or more keywords in the search box below. Using “and” between keywords is not necessary. To find only facts with graphs, include the word “graph” in your search.
• If you use more than one word in the search box and no results appear, try removing one or more of the words.
• If no results appear, you may try alternate forms of the word (for example, if "marriage" does not work you may try "marital")
• To view the facts relevant to your search, click on “more” in the first item. Then use the “next” button to view each of the facts retrieved by your search.
• At this time, exact phrase searching is not available.
TOPIC Search Tips:
• Topics are arranged alphabetically. Scroll down to view topics, clicking on a topic to access facts of interest. To view a specific fact, click “more.” Click the “next” button for additional facts on that topic.
• To view a print-ready file of all of the facts for a particular topic, scroll to the bottom of the results display.
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Older Workers, Costs of
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- A 2009 analysis of data from the US Census and Quarterly Workforce Indicators, "the typical worker aged 55 to 64 years earns $3,941 per month, 17% higher than the all-age aver... more
- A 2009 analysis of Bureau of Labor Statistics data shows that the median usual weekly earnings in 2007 for full-time wage and salary workers increased from $450 at ages 20 to... more
- In the 2006 "Center for Retirement Research Survey of Employer Attitudes towards Older Workers," 51% of employers with 1000+ employees said that rank-and-file workers ages 55... more
- In the 2006 "Center for Retirement Research Survey of Employer Attitudes Towards Older Workers," 46% of employers with 1000+ employees said that white-collar workers ages 55 a... more
- According to a 2006 survey of employers, 39 percent cited health care expenses as highly significant factors in the cost of employing older workers. In contrast, 36 percent sa... more
- According to a 2006 survey of employers, 62 percent of respondents said the cost of transferring older workers' knowledge and skills to younger workers was highly signifi... more
- According to a 2006 MetLife report on caregiving costs, the total estimated cost to employers for all full-time, employed caregivers is $33.6 billion; the average cost per emp... more
- In a 2006 survey of 400 private-sector employers, 39 percent of employers said that older white-collar workers were more costly than their younger counterparts, and 43 percent... more
- A 2005 analysis of Towers Perrin data shows that paid time off (e.g., vacation, holidays, personal days), representing about 8% of total compensation cost, depends on length o... more
- A 2005 analysis of Towers Perrin data on company-paid medical claim costs shows that employees aged 50 to 64 and their covered dependants use on average 1.4 to 2.2 times as mu... more
- A 2005 analysis of Towers Perrin data shows that four components make up 97% of average total annual recurring compensation costs in large US companies. These components are:... more
- A 2005 analysis of Towers Perrin data indicates that replacing an experienced worker of any age can cost 50% or more of the individual's annual salary in turnover-related... more
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| For a print-ready file of all statistics for this topic, click here.
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