Workers across the board took a hit during the financial crisis and struggled
to find work, but older candidates faced an even harder time regaining
employment during and after the Great Recession. But that tide may be turning as
employers are now looking to add older and more skilled workers to their
payrolls.
“Experience has come back into vogue in a big way,” says Charles W. B. Wardell III, president
and CEO of executive search firm Witt/Kieffer.
“Management experience is beginning to be a real criterion.”
The economic downturn forced companies to do more with less on smaller
budgets, which meant many people were promoted into management positions with
little experience. But a good worker doesn’t equate to an effective manager,
and some promotions hurt office morale and led to high
turnover.
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