11/20/12 – Does Having a ‘Seasoned’ Staff Pay Off?

Delaying your retirement for a few years can do a lot to shore up your financial health – you can sock away a few more years of savings while increasing the size of your eventual Social Security check. But your desire to extend your career may not match up with your employer’s plans. Compared to a younger worker, chances are you’re earning more, costing more to insure, and spending more time humming Grand Funk Railroad tunes in your cubicle. Still, as America’s workforce gets gradually grayer, employers need to figure out how to value and keep people who keep working past retirement age. A new white paper from the human resources consultancy Mercer offers a fresh perspective on the issue.

Read the full article at MarketWatch.