What is the effect of ageism on people over 50 years old in the workplace?

We all know that age brings experience. A younger worker lacks the great background of first-hand knowledge that an older worker has gained over time. Older workers usually are more mature and assured in their abilities than their younger partners.
Age discrimination creates a hostile working environment for seniors. It takes a toll on those who wish to remain in the workforce later in life.
Experiencing ageism in the workplace can clearly play a part in declining mental health.
Though some workers might not be directly affected by ageism, age discrimination induces distrust within a company’s workforce. If a business encourages ageism, elderly employees will probably notice a loss in productivity and a rise in turnovers. Low morale and an inability to keep a consistent workforce give a business a slight chance for long-term success.