Bibliographic Details
| Title: |
Understanding and Managing the Value of Experience. |
| Authors: |
Guzzo, Richard A., Nalbantian, Haig R. |
| Source: |
Generations. Summer2026, Vol. 50 Issue 2, p1-9. 9p. |
| Subjects: |
Employees, Occupational achievement, Employment of older people, Retirement, Work environment, Employee assistance programs, Work experience (Employment), Age distribution, Professions, Business, Organizational effectiveness, Flextime, Part-time employment, Aging, Ability, Labor demand, Employee reviews, Industrial relations, Time, Labor supply |
| Abstract: |
With age comes experience. This article focuses on two types of experience that older workers embody, general and firm-specific. General experience accumulates through time in the workforce across all employers while firm-specific experience accumulates through time spent with the current employer. If employers could know the value of each type to them, they could tune management practices affecting older workers to capture that value, but most employers lack the ability to discern the value of each type. The article provides straightforward diagnostic questions that any employer can use to assess the value of experience and set practices accordingly. [ABSTRACT FROM AUTHOR] |
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| Database: |
Psychology and Behavioral Sciences Collection |
