With Baby Boomers reaching retirement age, here are some tips on effectively managing an older workforce.

During the next 30 years, more than 61 million Americans will retire. According to the Employment Policy Foundation, America will experience a labor shortage of 4.8 million workers in 10 years. However, for now, we are witnessing an aging workforce and companies must begin to assess how they can leverage these workers more effectively.

Neil Lebovits, president and COO of Ajilon, a professional staffing firm, offers these key pointers to ensure your older workforce excels:

If you help your older employees continue to move their career forward and foster a passion for your business, they will be more motivated to learn new tasks and stay on top of the most recent industry trends.

It's very important for both you and your employees, old and new, to keep up with the latest technological and computer advances. If you invest a little in ensuring your staff is techno-savvy by implementing specific training programs relevant to your business, it can only benefit your company's growth and productivity.

Smaller companies are always looking to leverage "big company" expertise and many older workers have spent a bulk of their careers at big companies. Be sure to mine their experience and knowledge.