Compas Poll / Survey

In the era after the end of compulsory retirement, the CEOs and business leaders on the COMPAS panel are convinced that keeping older workers is key to business success. Older workers, they say, provide knowledge, mentoring, and workforce stability.

The key to keeping them lies to providing meaningful work and tailored schedules. Bonuses for staying are a far less effective stratagem. Money is a lower priority for older workers. In practice, companies need to treat their employees on an individual basis - tailoring schedules and striving to keep the older worker while ensuring that the young still have opportunities.

These are the key findings from this week’s Internet survey of the COMPAS panel of CEOs and business leaders, undertaken for Canadian Business magazine under sponsorship of BDO Dunwoody LLP.