+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

The 50 Best Employers For Older Workers

Jun 18, 2013, 04:31 IST

Chicago Bicycle Program via flickrAmerica's population is aging, yet they're still working past retirement age.

Advertisement

The National Institutes of Health (NIH), a federal agency based in Bethesda, Md., takes the top spot in a list of the best 50 employers for older workers published on Monday by the American Association of Retired Persons (AARP) and the Society for Human Resource Management (SHRM).

Jean Setzfand, AARP’s Vice President for Financial Security, says that employers should take advantage of Boomers' positive working traits, such as loyalty, by offering programs that will attract and retain them.

At NIH, workers are offered flexible telecommuting programs, a "Fit Plus Program," which is a health initiative aimed at older workers and two phased-retirement programs, which allow workers to choose to gradually transition to retirement by reducing hours or a trial-retirement program that allows retirees to return to work within one year of retiring in case they decide they aren't ready to leave the workforce.

“My boss lets me telework one week a month from my home,” 63-year-old Philip Lenowitz, deputy director in the office of human resources at the National Institutes of Health, tells Andrea Coombes at MarketWatch. "That’s one of the things that keeps me here rather than retiring."

Advertisement

Nearly half (47%) of NIH workers are older than the age of 50.

All of the companies in the top five spots are health-related organizations: Atlantic Health System of Morristown, New Jersey; the University of Texas MD Anderson Cancer Center, Houston, and Mercy Health System of Janesville, WI.

A full 41% of this year's top employers for Boomers are hospitals, health insurers or medical research organizations.

“By the nature of their operations, hospitals and some other health care providers operate 24 hours a day, seven days a week, so it is a business necessity for them to offer flexible and compressed work schedules to their prospective and current employees," Setzfand says.

Advertisement

"These practices are appealing to older workers, and other industries should consider adopting them on a more widespread basis."

Any company based in the U.S. with at least 50 employees is eligible to apply for a spot on the list, which evaluates areas incluing recruiting practices; opportunities for training, education and career development; workplace accommodations; alternative work options, such as flexible scheduling, job sharing and phased retirement; employee health and retirement benefits, and retiree work opportunities.

Below is a list of the top companies:

1. National Institutes of Health (NIH)

2. Scripps Health

Advertisement

3. Atlantic Health System

4. The University of Texas MD Anderson Cancer Center

5. Mercy Health System

6. The YMCA of Greater Rochester

7. West Virginia University

Advertisement

8. Bon Secours Virginia

9. National Rural Electric Cooperative Association

10. WellStar Health System

11. Cornell University

12. West Virginia University Hospitals

Advertisement

13. George Mason University

14. Department of the Interior, U.S. Fish and Wildlife Service

15. Monongalia General Hospital

16. S&T Bank

17. Virginia Commonwealth University

Advertisement

18. FCCI Insurance Group

19. TriHealth Inc.

20. Financial Industry Regulatory Authority (FINRA)

21. Stanley Consultants Inc.

22. Southern Company

Advertisement

23. Yale-New Haven Hospital

24. Michelin North America Inc.

25. Department of Veterans Affairs-Veterans Health Administration

26. Saint Vincent Health System

27. Cianbro Corporation

Advertisement

28. SSM Health Care

29. Solix Inc.

30. Mountain States Health Alliance

31. Central Florida Health Alliance

32. Securian Financial Group

Advertisement

33. One Nevada Credit Union

34. Swarthmore College

35. MEI Technologies Inc.

36. School Board of Brevard County

37. Avera McKennan Hospital and University Health Center

Advertisement

38. Tufts Health Plan

39. Massachusetts Institute of Technology (MIT)

40. Coconino County

41. Winston-Salem Industries for the Blind

42. BlueCross and BlueShield of North Carolina

Advertisement

43. Ochsner Health System

44. University of Pittsburgh

45. American University

46. Lee County Electric Cooperative

47. Massachusetts General Hospital

Advertisement

48. Pinnacle Health System

49. Perkins Coie LLP

50. CheapCaribbean.com

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article