Knowledge economy

To quote from the Harvard Business Review, "Older workers are often seen as a burden, with younger candidates preferred in recruitment decisions. But in economies where knowledge rules, the experience of older workers grows in value. Employer surveys commonly reveal that the over 60s are seen as more experienced, knowledgeable, reliable and loyal than younger workers".

With millions of older workers leaving the workplace in the next 5-10 years it will become increasingly important for employers to ensure that this knowledge is passed onto younger workers to enable them to compete more effectively. Inter-generational mentoring schemes are just one of the ways to do this, helping to build links between generations, improving understanding, respect and performance.