Experience Makes You Wise – Tips You Can Learn from Your Older Co-workers

Experience Makes You Wise – Tips You Can Learn from Your Older Co-workers

February 28, 2024

Many companies are pushing for a more diverse workforce with employees from all walks of life and ages. Greater diversity helps foster creativity and collaboration, which are essential to helping a company grow. For younger workers, it also allows them to learn more from those who have worked longer and are more experienced. Read on for a few tips that older co-workers can teach those younger or at least less experienced.

1. Knowing When to and How to Delegate Work

Older workers know how to control their work better, which helps reduce stress and provides a healthier work/life balance. The ideal way to control the flow and output of work is by learning when and how to delegate. Older co-workers know when demands may be pushed back and others expedited. They also know that finding the right person to help out or take over a project will lead to better efficiency.1

2. How to Manage Their Finances Efficiently

Older workers have learned how to manage their finances and build up their assets to prepare for retirement and the demands that life may throw at them. They come from a generation of savers who understand that putting off frivolous wants will lead to greater financial rewards and better stability in the future.1

3. The Importance of Networking

Building a diverse network is crucial for workplace advancement and a more fulfilling life. New contacts mean mentoring opportunities, new skill acquisition, coaching, and even a support system when needed. Older workers understand the importance of developing and nurturing these relationships and have the social skills to build them.2

4. How to Build a Good Reputation

In business and life, reputation is everything. If you have a reputation for being reliable, honest, and hardworking, you will find more opportunities in life. In some cases, your reputation may be what helps you or prevents you from obtaining the things you want. Older people had to build their reputation before the popularization of social media and understand that what is put out in the world on these sites may affect their future. They know how to present themselves as a good worker and person and avoid looking unprofessional publicly or privately.2

Older co-workers are able to teach younger co-workers much about building relationships and maintaining them, as well as how to manage their time and money more efficiently. These tips will help younger workers enjoy a better work-life balance and get on a solid path to creating their desired future.



Important Disclosures:

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.

This article was prepared by WriterAccess.

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Footnotes:

1 What Younger Workers Can Learn from Older Workers, and Vice Versa, Harvard Business Review, https://hbr.org/2016/11/what-younger-workers-can-learn-from-older-workers-and-vice-versa

2 Want to Keep Learning? Look to Your Co-workers for Inspiration, Idealist, https://www.idealist.org/en/careers/keep-learning-co-workers-inspiration

 

Sources

https://hbr.org/2016/11/what-younger-workers-can-learn-from-older-workers-and-vice-versa

https://www.idealist.org/en/careers/keep-learning-co-workers-inspiration