While big companies keep shedding older workers, one-fifth of small businesses report that their workers are staying on the job past age 65, with two thirds saying employees are staying on because they want to keep working. The other third can’t afford to retire. The National Association of Professional Employer Organizations (NAPEO) surveyed 400 small companies to learn how looming Baby Boomer retirements are being handled. “Either way, these older employees represent both an opportunity, thanks to their valuable experience, and a huge challenge, because small businesses have to get ready now for the graying work force,” said Milan P. Yager, executive vice president of NAPEO. The full survey results are here.

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