Saturday, December 08, 2007

Canada: Study Presents Value of Partnership between Small Business and Older Workers

According to a study conducted by Canadian Federation of Independent Business (CFIB), small business and older workers form a valuable partnership in dealing with the skills and labour shortage in Manitoba. CFIB reports that the study--"Small Business & Older Workers--shows that almost half of small businesses employ at least one older worker over the age of 60 and are actively taking steps to retain them.

The steps taken by small business to retain older workers include allowing greater flexibility with hours, reducing the physical demands of the job, offering part-time or job sharing options, and allowing unpaid time-off for activities/volunteering. The report's conclusion states:
Concern over the shortage of qualified labour among small business owners in Western Canada will likely continue for many years. While there is no silver bullet solution to this challenge, one solution is to improve the participation rate of older workers, to encourage older workers who have already left the workforce to return and to maximize the contribution of older workers in the workforce from a small business perspective.
Source: Canadian Federation of Independent Business
Media Release (December 6, 2007)

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