Dealing with greying workers

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16% of Indian corporate houses have already implemented retention strategies to keep the older skilled workforce in the organisation.

Retraining older employees may be necessary to ensure that they have the skills that are in demand in today’s economy. With most of 50-plus workers in the country having spent the earlier part of their work life up in an era when computers and the Internet had not even entered the lexicon, technology can indeed be a sticky issue.

“Skills’ reassessment is extremely important if you are planning to re-enter the job market and compete with the youth. Find out what your core skills are and how you can use them in a new job,” says Madan Padaki, co-founder and director, MeritTrac, a skills assessment company. “While part-time work and consulting contracts are making their presence

felt, not too many companies offer them,” he says.