Professional development opportunities are often geared toward novice workers, but veteran employees say they appreciate and benefit from ongoing training and educational opportunities as well. The “Wisdom at Work: Retaining Experienced Nurses” study found that even short off-site retreats that allow experienced nurses to re-envision their practice contributed to improved morale and lower turnover. Case studies of “best practice” institutions, meanwhile, showed that nurses also appreciated opportunities to advance their education.
Health and wellness programs also led to increased job satisfaction and lower turnover rates among experienced workers. One hospital saw turnover rates fall significantly after it offered employees financial incentives to encourage them to participate in fitness, weight-loss and anti-smoking programs. In case studies, “best-practice” companies, meanwhile, cited corporate cultures that emphasize employee health, safety and wellness as significant factors in their appeal to older workers.