One of the worst practices I have seen is incentivizing older employees to retire early for fear of losing some key benefits. I saw it at a previous employer when they threatened to take away health insurance for anyone retiring after year X. The result was everyone who was retirement eligible (regardless if they were ready to retire) left the company in a mass exodus. Tremendous amounts of institutional knowledge walked out the door simultaneously. I saw it with my father when they threatened to take away pensions.
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One of the worst practices I have seen is incentivizing older employees to retire early for fear of losing some key benefits. I saw it at a previous employer when they threatened to take away health insurance for anyone retiring after year X. The result was everyone who was retirement eligible (regardless if they were ready to retire) left the company in a mass exodus. Tremendous amounts of institutional knowledge walked out the door simultaneously. I saw it with my father when they threatened to take away pensions.