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Table 12.8 - Guidelines for Termination Meetings With Employees

Table 12.8 - Guidelines for Termination Meetings With Employees

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Table 12.8 - Guidelines for

Termination Meetings With Employees



12-30



Dealing With Older Workers

 Companies can take the following actions:

Provide flexibility in scheduling, which allows

older employees to take care of sick spouses,

go back to school, travel, etc.

Ensure that older employees receive the

training they need to avoid obsolescence and

to be prepared to use new technology.

Provide resources and referral help that

addresses long-term health care and elder

care.

12-31



Dealing With Older Workers

(cont.)

Provide assessment and counseling, which are

necessary to help older employees recycle to

new jobs or careers.

Consider moving valuable older employees

who are suffering skill deterioration to other

jobs.

Ensure that employees do not hold

inappropriate stereotypes about older

employees.

12-32



Dealing With Older Workers

(cont.)

 Preretirement socialization - helping

employees prepare to exit from work. It

addresses the following topics:

Psychological aspects of retirement.

Housing, transportation, living costs, and

proximity to medical care.

Health during retirement.

Financial and estate planning.

Health care plans.

The collection of benefits from company

pension plans and Social Security.

12-33



Dealing With Older Workers

(cont.)

 Early retirement programs - offer

employees financial benefits to leave the

company.

To avoid costly litigation, companies need to

ensure that:

The program is part of the employee benefit plan.

The company can justify age-related distinctions for

eligibility for early retirement.

Employees are allowed to voluntarily choose early

retirement.

12-34



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Table 12.8 - Guidelines for Termination Meetings With Employees

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