Attracting Older Workers with Hearing Benefits
Writing for the Employee Benefit News, Molly Bernhart wonders "why are hearing plans such a forgotten benefit while dental and vision coverage is considered standard?" She quotes Terry Portis, Ed.D., executive director of the Hearing Loss Association of America, as saying "If a company is interested in valuable employees effectively communicating, then hearing benefits should be one of their first considerations in considering health and wellness."
The Better Hearing Institute says there will be a continued increase in the baby boomer and the 75-years-or-older bracket in the coming years. The Institute expects the hearing-loss population to grow by one-third and up to 40 million people within a generation.Source: Employee Benefit News "Hearing benefits could be music to employee ears" (October 2006)
Baby boomers are often considered one of the most motivated and skilled segments of the employee population. To retain older workers, companies are expected to begin offering hearing benefits to accommodate older workers along with more flexible work schedules.