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Best Employers for Workers Over 50

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Vanguard

Winner: 2008 AARP Best Employers for Workers Over 50

Wellness programs for Vanguard’s full- and part-time employees include: flu shots, health screenings, health-risk appraisals, smoking-cessation programs, health club discounts, physical activity and exercise programs, weight-loss programs, an on-site fitness center, and stress-management training.

Vanguard offers dependent care benefits, such as referral services to help employees find care for children and grandchildren and for eldercare, and backup care for children, grandchildren, and elders, to its full- and part-time employees.

Benefits/Alternative-Work Arrangements: Vanguard offers full- and part-time employees the option of flexible work schedules. Full-time employees can work compressed work schedules. Many full-time employees are eligible to move to part-time work on a permanent or temporary basis. 

Opportunities for Retirees: Vanguard currently has 110 retirees. The company stays connected with its retirees by communicating on a regular basis, by providing retirees with ongoing access to retirement-planning workshops and information, and by formally acknowledging employees on the occasion of their retirement. It offers retirees temporary work assignments and full- and part-time work.

Age of Workforce: Sixteen percent of the company’s employees are age 50+. The average tenure of employees age 50+ is 9.8 years.

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