Megan Carannante Quoted in HBJ Article on Workforce Strategies

Megan Y. Carannante, co-chair of Pullman & Comley’s labor, Employment Law and Employee Benefits practice, discusses how companies are striving to retain experienced older workers in light of labor shortages post-COVID-19 in an article for the Hartford Business Journal. She notes that many employers are struggling to maintain productivity as older workers retire, highlighting the importance of keeping their valuable knowledge through succession planning.

To encourage older employees to delay retirement, companies are offering other benefits, such as reduced hours, remote work, and gradual retirement transitions. “They’re trying to find meaningful ways for them to continue contributing, while offering individualized flexibility… to find meaning in mentoring others and leaving a legacy,” Megan explains.

Megan also emphasizes the mutual advantages of having older employees in the workforce, as they can mentor younger professionals while receiving support in adapting to new technologies. She advises businesses to embrace the strengths of senior staff and address potential barriers to capitalize on the growing older workforce.

To read the full article, please click here.