aging workforce News

Viewpoint: Why Retailers Shouldn’t Ignore Older Workers in Managing Work Comp Risk

The U.S. Census Bureau states that by 2030 all baby boomers will be older than 65, so that one in every five citizens will reach conventional retirement age.1 For the first time in history, the older generation will outnumber children …

Businesses Navigate Dementia Conversations With Older Workers

Faced with an aging American workforce, companies are increasingly navigating delicate conversations with employees grappling with cognitive declines, experts say. Workers experiencing early stages of dementia may struggle with tasks they had completed without difficulty. Historically punctual employees may forget …

Employers Take Steps to Keep Older Workers Safe

When managers at Bon Secours Virginia Health System started analyzing workers’ compensation cases, they noticed a bad combination: Older nurses were having problems from lifting heavy and sicker patients. “We saw an increase in back injuries and older workers were …

Aging Workforce May Not Be So Bad for Workers’ Compensation, Says NCCI

The aging workforce may not have the negative impact on loss costs that workers’ compensation insurers have feared. New research from the industry’s National Council on Compensation Insurance (NCCI) also concludes that while loss costs are higher for older workers …