More productive companies pay higher wages
The low employment rates of young and old leave much opportunity for greater age diversity
Prime-age and older workers are more productive than younger workers
An increasing share of older workers is employed in low-productivity and low-pay firms
Employees are more productive when they work with others who are of a different age
A higher share of older workers can boost productivity directly and indirectly
Employees are rewarded with higher wages when they work with others of a different age
The CEOs of higher-productivity firms are older relative to the other employees
Older managers seem more successful at achieving high levels of productivity
Having a 50+ worker in the team is associated with increased productivity of co-workers
Employers have few policies in place to support multigenerational workforces but they aim for more
Age diversity and productivity: Main regression results
Age diversity and productivity: Regression results underlying FigureĀ 2.10