Advantages of an Aging Workforce

Not too long ago, high-school aged employees reigned the fast-casual world. It was one of the only realms that would accept those with very little to no work experience and offered the flexibility to work around their school schedules. Presently, the average age of fast-casual employees is twenty-seven, and there’s notable advantages to hiring more senior staff. Sometimes education is directly correlated with age, and having more life experience and a work background can lead employees to the management track quickly and portend longevity in the company. High turnover is inevitable with teenagers; pay is low and once their financial needs are met for the short term, there’s often little incentive to stay. It pays off to pay more upfront to train employees with higher education and work backgrounds, who usually happen to be older, as opposed to frequently hiring much younger staff and enduring constant turnovers. One of the disadvantages of hiring older employees is the pressure to meet their expectations for higher pay.