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The Plight of Older Workers Handout for BCCDA Conference, March 9, 2013


Myths and Realities About Older Workers
Some of the social, economic, safety and medical myths about older workers are based on a
perception that older workers are frail, unreliable and incapable of working effectively and safely. It is
time to set aside these stereotypes and negative attitudes. The following chart presents and responds
to some of these myths
                              Myths and Realities About Older Workers

Myth                                                   Reality
Older workers are more likely to have work-            Not True. In fact, older workers suffer fewer job-
related injuries.                                      related injuries.

Older people are all alike.                            Differences within age groups are often greater
                                                       than those between age groups.

Older adults are unable or unwilling to learn new      Age does not determine curiosity or the
things or skills.                                      willingness to learn. Older workers may
                                                       sometimes take slightly longer to learn certain
                                                       tasks and may respond better to training methods
                                                       more suited to their needs.

Older adults avoid new approaches or new               Many people, regardless of age, enjoy new
technologies.                                          technology.
                                                       Older workers are likely to respond well to
                                                       innovation if it: • relates to what they already know
                                                       • allows for self-paced learning • provides
                                                       opportunities for practice and support.

Older workers have failing memories.                   Long-term memory continues to increase with
                                                       age.

It is not worthwhile investing in training older       Older workers tend to be loyal and less likely to
workers because they are likely to leave or are        change jobs frequently. This is particularly the
“just coasting to retirement.”                         case if older workers know their efforts are
                                                       appreciated and they are not faced with a
                                                       mandatory retirement age.
                                                       Mature workers are part of a growing and diverse
                                                       group, ranging in age from their 50s to their 70s.
                                                       The Government of Alberta forecasts that 78% of
                                                       workers aged 55-64 and 20% of those over 65 will
                                                       be participating in the labour market by 2019. 1
                                                       In a knowledge economy, the payback period on
                                                       investment in training is becoming shorter for all
                                                       workers. That means that spending on training
                                                       older workers is very likely to be recovered before
                                                       these workers retire.




       1
                     Fraser Valley Training Group info@idothat.ca 604-649-1181
The Plight of Older Workers Handout for BCCDA Conference, March 9, 2013

                                Myths and Realities About Older Workers
Myth                                                 Reality
Older workers are less productive.                   Productivity is individual and varies more within
                                                     an age group than between age groups. No
                                                     significant impact on productivity due to aging is
                                                     likely until workers are well into their 70s. Older
                                                     workers may be less productive doing heavy
                                                     physical work. However, most jobs do not require
                                                     maximum physical exertion. Older workers
                                                     generally make up for any decline in physical or
                                                     mental ability through experience and
                                                     forethought. If strength and agility are a factor,
                                                     older workers can usually find ways to
                                                     compensate by “working smarter.”
                                                     Older workers are often well trained and have a
                                                     track record of responsibility and dedication.

Older workers relate poorly to customers.            Older workers can often be more effective than
                                                     younger workers when experience or people skills
                                                     are needed, as when dealing with customers or
                                                     building a client base.

Older workers are inflexible.                        Older workers may be more cautious, a trait that
                                                     can improve accuracy and safety.

Older adults have impaired mental or intellectual    Studies show intellectual abilities stay intact into
capacity.                                            the 70s and beyond. Short-term memory may
                                                     start declining well before age 45, but
                                                     measurable, in-depth knowledge continues to
                                                     increase as we age.
                                                     Age tends to enhance the ability to perform
                                                     activities depending on judgment, decision-
                                                     making and general knowledge.

Most older adults have poor health.                  Three-quarters of Canadians aged 65 to 74 and
                                                     two-thirds of those over 75 rate their health as
                                                     good or very good. These figures are even higher
                                                     for workers aged 45 to 64.

Older workers are more likely to suffer from         Most studies show older workers have lower
illness and are more often absent or late for work   absenteeism and tend to be more punctual than
than younger workers.                                younger workers.
                                                     Usually, older workers with health conditions
                                                     requiring extensive sick leave have left the
                                                     workforce on their own accord. Any significant
                                                     increase in hospital stays or sick leave are not
                                                     likely to show up until people are over 80.

Older workers have less education.                   While this may have been true at one time, it is
                                                     less a factor now when many well-educated baby
                                                     boomers fill the ranks of older workers

       2
                     Fraser Valley Training Group info@idothat.ca 604-649-1181
The Plight of Older Workers Handout for BCCDA Conference, March 9, 2013

Future Work

Some Facts About Older Workers
Older workers will be increasing in number and many will stay on the job for an extended period of time. As
American and most of the developed world’s businesses face increasing numbers of employees over age 55,
they have two choices: to ignore the demographic challenge looming on the horizon, or prepare for it
creatively. Here are some facts backed up by wide research on who these workers are.

Workers age 55 years and older grew 8 percent in the 15 years from 1975-1990 and 44 percent in the 15 years from
1990 to 2005. There are currently more than 56 million people aged 55 or older, and 32 million are 65 and older. By
2005, the number of people 55 and older expanded to 66 million.

Thirteen percent of U.S. workers today are 55 or older; by 2015 that number will increase to 20 percent but
most companies haven’t caught on. In 2020 there will be more than 115 million Americans 50 years old and
over. By 2030 nearly one-third of the total U.S. population will be 55 or older, raising the U.S. median age
from the current 33 years to nearly 42.

Today’s 50+ adults account for more than $2 trillion in income, 80% of personal wealth in financial institutions,
and 50% of all discretionary income: $13,286 per household.

They own over 70% of the financial assets in America, control nearly $9 trillion in net worth of U.S.
households –– 70% of the total, and represent 40 million credit card users, owning almost 50% of the credit cards
in the U.S.

Older Workers: Increasing in Number but
Seldom Valued

From now until 2030 the 19 - 55 age group in the U.S. will increase by just one percent. The ratio of younger to
older workers is now five to one; by 2030, it will drop to two to one. But fewer than half of all business surveyed
by SHRM and AARP provide training to upgrade older workers’ skills. According to the U.S. Bureau of
Labor Statistics, workers 55 and older received only 23 hours of total training, while workers 45 to 54 received
two and one-half times as much, or 57-plus hours.

Some Myths and Realities about Older Workers
A number of myths, lumped together under the heading of "ageism," persist in companies about how older
workers approach their jobs

MYTH: Older adults are not interested in working
FACT: Many want to advance and find challenges in their work. Many remain longer than their younger counterparts

MYTH: They are slow, unproductive workers
FACT: Older workers tend to have fewer incidences of absenteeism and tardiness than their younger counterparts.

MYTH: Older workers don’t want to work because of their retirement benefits.
FACT: Many older workers are interested in working; there are powerful motivations to support this. Many older workers
are not yet eligible for social security benefits, (CPP or OAS in Canada) or find that working offsets any loss in benefits.

MYTH: Older workers are difficult to work with. They are inflexible and resistant to change.
FACT: Because of their life experience, many have enhanced interpersonal skills and abilities.

MYTH: They are often absent from work because of illness and are more accident-prone. The older workers have poorer health
than younger workers, decreased physical and mental capacity and less stamina.
FACT: Research shows that age is a poor predictor of physical and mental abilities but productivity generally tends to improve with
age. Older workers have fewer on-the-job accidents than their younger counterparts.




        3
                          Fraser Valley Training Group info@idothat.ca 604-649-1181
The Plight of Older Workers Handout for BCCDA Conference, March 9, 2013
                                          Some Facts About Older Workers
                                             The FutureWork Institute

                                             Facts About Older Workers

Older workers are busy, healthy and happy. The Small Business Survival Center report concluded that workers older
than age 55 have better attendance records, averaging only 3.1 sick days a year, and they account for only 9.7
percent of workplace injuries.

 Older workers are not uncomfortable about being supervised by younger employees _ Older workers are much less
likely to file workers’ compensation claims

As a group, they spend more than young adults on virtually all products and services

 The most striking reason why older Americans return to work or remain longer on the job has been the
shift from goods-to-service-producing industries in which work is typically less physically demanding

Work ethic, loyalty and experience are among the traits older workers possess as demonstrated in
employer surveys.

 More than 60% of companies with a policy on rehiring retirees will bring them back as independent
contractors or consultants. About the same number will bring them back as part-time or temporary workers.

Insurance costs are not necessarily higher when older workers are employed in part because they have fewer
dependents.

The training investment by employers is quickly repaid (they stay on the job longer and make fewer mistakes

What Motivates Older Workers?
Aspects of work that are important to older employees include:

        Respect and support, fair compensation
        Involvement and use of expertise
        Flexible scheduling
        Working with and helping others (mentoring)
        Working on and completing important tasks

Aspects of work that cause disengagement include:

        Lack of respect from management
        Valuing education over experience
        Lack of recognition of their work.

Copies of a compilation of Myths About Older Workers that runs to 11 pages can be
obtained from Fraser Valley Training Group for free by emailing Richard@idothat.ca or
info@idothat.ca or varelse1@gmail.com.

The entire PowerPoint Presentation “The Plight of Older Workers” can be obtained the
same way or can be downloaded from Slide Share or LinkedIn for free.
http://ca.linkedin.com/pub/richard-lindfield/1a/757/38a/

There is also a Power Point Presentation on Ageism that is available by email.



       4
                      Fraser Valley Training Group info@idothat.ca 604-649-1181
The Plight of Older Workers Handout for BCCDA Conference, March 9, 2013

            Interview Tips for Older Workers
Most employers don’t intentionally discriminate against older
workers, but there are a few things that employers are looking at
when they interview a mature worker for a position; even if they
cannot ask the question outright. Addressing these concerns and/or
integrating answers to these issues in your interview will assist you
to be considered more equally for the position.


  1) Your ability to manage change – stress your flexibility in all
     aspects and that you are not that stereotypical senior with
     rigid views on everything

  2) Over-qualification – stress where you are now in your life and
     why you are looking for “employment enjoyment” rather than
     a multitude of responsibility

  3) Don’t be a technological dinosaur – speak to how you use
     technology and that you know what social media is and what it
     can be used for, even if you choose not to use it

  4) Integrate how you have a balanced lifestyle and what you do in
     your spare time to show physical fitness, an employer is
     worried that you can’t keep up or that you will miss work

  5) Speak to how you would enjoy working with those that are
     both younger and older than you, that you can still learn
     something from everyone and that you enjoy learning still.

  6) Learn how to market your skills and be confident when
     describing those skills. Mature women especially find this
     difficult to do, as they have been brought up to think of it as
     boasting.




    5
                Fraser Valley Training Group info@idothat.ca 604-649-1181
The Plight of Older Workers Handout for BCCDA Conference, March 9, 2013



                                          SOURCES
1Government of Alberta (2010). Engaging the Mature Worker: An Action Plan for Alberta.
Retrieved on July 21, 2011

Institute of Electrical and Electronics Engineers

Overcoming Myths About Older Workers Flash Cards is a set of 40 cards designed as a fun
way to help dispel common myths about older workers. The cards were developed by Carleen
MacKay, Workforce Policy Advisor to AARP/California and co-founder of Ageless in
America (where you can purchase a card deck). http://www.AgelessInAmerica.com.

(ref: Overcoming Myths About Older Workers Flash Cards at
http://www.AgelessInAmerica.com )

The American Association of Retired Persons (AARP)

Business Week,

Health Canada

Statistics Canada

Canadian Centre for Occupation Health and Safety.

Bureau of Labor Statistics.

The Center on Aging & Work/Workplace Flexibility at Boston College

LESLIE AYRES, THE JOB SEARCH GURU

Duke University

Wharton School of Business at the University of Pennsylvania

http://www.aging.unc.edu/groups/work/forum2008/

Source: American Business and Older Employees. AARP.
Washington DC: 2000; Bureau of Labor Statistics



      6
                    Fraser Valley Training Group info@idothat.ca 604-649-1181

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Bccda handouts

  • 1. The Plight of Older Workers Handout for BCCDA Conference, March 9, 2013 Myths and Realities About Older Workers Some of the social, economic, safety and medical myths about older workers are based on a perception that older workers are frail, unreliable and incapable of working effectively and safely. It is time to set aside these stereotypes and negative attitudes. The following chart presents and responds to some of these myths Myths and Realities About Older Workers Myth Reality Older workers are more likely to have work- Not True. In fact, older workers suffer fewer job- related injuries. related injuries. Older people are all alike. Differences within age groups are often greater than those between age groups. Older adults are unable or unwilling to learn new Age does not determine curiosity or the things or skills. willingness to learn. Older workers may sometimes take slightly longer to learn certain tasks and may respond better to training methods more suited to their needs. Older adults avoid new approaches or new Many people, regardless of age, enjoy new technologies. technology. Older workers are likely to respond well to innovation if it: • relates to what they already know • allows for self-paced learning • provides opportunities for practice and support. Older workers have failing memories. Long-term memory continues to increase with age. It is not worthwhile investing in training older Older workers tend to be loyal and less likely to workers because they are likely to leave or are change jobs frequently. This is particularly the “just coasting to retirement.” case if older workers know their efforts are appreciated and they are not faced with a mandatory retirement age. Mature workers are part of a growing and diverse group, ranging in age from their 50s to their 70s. The Government of Alberta forecasts that 78% of workers aged 55-64 and 20% of those over 65 will be participating in the labour market by 2019. 1 In a knowledge economy, the payback period on investment in training is becoming shorter for all workers. That means that spending on training older workers is very likely to be recovered before these workers retire. 1 Fraser Valley Training Group info@idothat.ca 604-649-1181
  • 2. The Plight of Older Workers Handout for BCCDA Conference, March 9, 2013 Myths and Realities About Older Workers Myth Reality Older workers are less productive. Productivity is individual and varies more within an age group than between age groups. No significant impact on productivity due to aging is likely until workers are well into their 70s. Older workers may be less productive doing heavy physical work. However, most jobs do not require maximum physical exertion. Older workers generally make up for any decline in physical or mental ability through experience and forethought. If strength and agility are a factor, older workers can usually find ways to compensate by “working smarter.” Older workers are often well trained and have a track record of responsibility and dedication. Older workers relate poorly to customers. Older workers can often be more effective than younger workers when experience or people skills are needed, as when dealing with customers or building a client base. Older workers are inflexible. Older workers may be more cautious, a trait that can improve accuracy and safety. Older adults have impaired mental or intellectual Studies show intellectual abilities stay intact into capacity. the 70s and beyond. Short-term memory may start declining well before age 45, but measurable, in-depth knowledge continues to increase as we age. Age tends to enhance the ability to perform activities depending on judgment, decision- making and general knowledge. Most older adults have poor health. Three-quarters of Canadians aged 65 to 74 and two-thirds of those over 75 rate their health as good or very good. These figures are even higher for workers aged 45 to 64. Older workers are more likely to suffer from Most studies show older workers have lower illness and are more often absent or late for work absenteeism and tend to be more punctual than than younger workers. younger workers. Usually, older workers with health conditions requiring extensive sick leave have left the workforce on their own accord. Any significant increase in hospital stays or sick leave are not likely to show up until people are over 80. Older workers have less education. While this may have been true at one time, it is less a factor now when many well-educated baby boomers fill the ranks of older workers 2 Fraser Valley Training Group info@idothat.ca 604-649-1181
  • 3. The Plight of Older Workers Handout for BCCDA Conference, March 9, 2013 Future Work Some Facts About Older Workers Older workers will be increasing in number and many will stay on the job for an extended period of time. As American and most of the developed world’s businesses face increasing numbers of employees over age 55, they have two choices: to ignore the demographic challenge looming on the horizon, or prepare for it creatively. Here are some facts backed up by wide research on who these workers are. Workers age 55 years and older grew 8 percent in the 15 years from 1975-1990 and 44 percent in the 15 years from 1990 to 2005. There are currently more than 56 million people aged 55 or older, and 32 million are 65 and older. By 2005, the number of people 55 and older expanded to 66 million. Thirteen percent of U.S. workers today are 55 or older; by 2015 that number will increase to 20 percent but most companies haven’t caught on. In 2020 there will be more than 115 million Americans 50 years old and over. By 2030 nearly one-third of the total U.S. population will be 55 or older, raising the U.S. median age from the current 33 years to nearly 42. Today’s 50+ adults account for more than $2 trillion in income, 80% of personal wealth in financial institutions, and 50% of all discretionary income: $13,286 per household. They own over 70% of the financial assets in America, control nearly $9 trillion in net worth of U.S. households –– 70% of the total, and represent 40 million credit card users, owning almost 50% of the credit cards in the U.S. Older Workers: Increasing in Number but Seldom Valued From now until 2030 the 19 - 55 age group in the U.S. will increase by just one percent. The ratio of younger to older workers is now five to one; by 2030, it will drop to two to one. But fewer than half of all business surveyed by SHRM and AARP provide training to upgrade older workers’ skills. According to the U.S. Bureau of Labor Statistics, workers 55 and older received only 23 hours of total training, while workers 45 to 54 received two and one-half times as much, or 57-plus hours. Some Myths and Realities about Older Workers A number of myths, lumped together under the heading of "ageism," persist in companies about how older workers approach their jobs MYTH: Older adults are not interested in working FACT: Many want to advance and find challenges in their work. Many remain longer than their younger counterparts MYTH: They are slow, unproductive workers FACT: Older workers tend to have fewer incidences of absenteeism and tardiness than their younger counterparts. MYTH: Older workers don’t want to work because of their retirement benefits. FACT: Many older workers are interested in working; there are powerful motivations to support this. Many older workers are not yet eligible for social security benefits, (CPP or OAS in Canada) or find that working offsets any loss in benefits. MYTH: Older workers are difficult to work with. They are inflexible and resistant to change. FACT: Because of their life experience, many have enhanced interpersonal skills and abilities. MYTH: They are often absent from work because of illness and are more accident-prone. The older workers have poorer health than younger workers, decreased physical and mental capacity and less stamina. FACT: Research shows that age is a poor predictor of physical and mental abilities but productivity generally tends to improve with age. Older workers have fewer on-the-job accidents than their younger counterparts. 3 Fraser Valley Training Group info@idothat.ca 604-649-1181
  • 4. The Plight of Older Workers Handout for BCCDA Conference, March 9, 2013 Some Facts About Older Workers The FutureWork Institute Facts About Older Workers Older workers are busy, healthy and happy. The Small Business Survival Center report concluded that workers older than age 55 have better attendance records, averaging only 3.1 sick days a year, and they account for only 9.7 percent of workplace injuries. Older workers are not uncomfortable about being supervised by younger employees _ Older workers are much less likely to file workers’ compensation claims As a group, they spend more than young adults on virtually all products and services The most striking reason why older Americans return to work or remain longer on the job has been the shift from goods-to-service-producing industries in which work is typically less physically demanding Work ethic, loyalty and experience are among the traits older workers possess as demonstrated in employer surveys. More than 60% of companies with a policy on rehiring retirees will bring them back as independent contractors or consultants. About the same number will bring them back as part-time or temporary workers. Insurance costs are not necessarily higher when older workers are employed in part because they have fewer dependents. The training investment by employers is quickly repaid (they stay on the job longer and make fewer mistakes What Motivates Older Workers? Aspects of work that are important to older employees include: Respect and support, fair compensation Involvement and use of expertise Flexible scheduling Working with and helping others (mentoring) Working on and completing important tasks Aspects of work that cause disengagement include: Lack of respect from management Valuing education over experience Lack of recognition of their work. Copies of a compilation of Myths About Older Workers that runs to 11 pages can be obtained from Fraser Valley Training Group for free by emailing Richard@idothat.ca or info@idothat.ca or varelse1@gmail.com. The entire PowerPoint Presentation “The Plight of Older Workers” can be obtained the same way or can be downloaded from Slide Share or LinkedIn for free. http://ca.linkedin.com/pub/richard-lindfield/1a/757/38a/ There is also a Power Point Presentation on Ageism that is available by email. 4 Fraser Valley Training Group info@idothat.ca 604-649-1181
  • 5. The Plight of Older Workers Handout for BCCDA Conference, March 9, 2013 Interview Tips for Older Workers Most employers don’t intentionally discriminate against older workers, but there are a few things that employers are looking at when they interview a mature worker for a position; even if they cannot ask the question outright. Addressing these concerns and/or integrating answers to these issues in your interview will assist you to be considered more equally for the position. 1) Your ability to manage change – stress your flexibility in all aspects and that you are not that stereotypical senior with rigid views on everything 2) Over-qualification – stress where you are now in your life and why you are looking for “employment enjoyment” rather than a multitude of responsibility 3) Don’t be a technological dinosaur – speak to how you use technology and that you know what social media is and what it can be used for, even if you choose not to use it 4) Integrate how you have a balanced lifestyle and what you do in your spare time to show physical fitness, an employer is worried that you can’t keep up or that you will miss work 5) Speak to how you would enjoy working with those that are both younger and older than you, that you can still learn something from everyone and that you enjoy learning still. 6) Learn how to market your skills and be confident when describing those skills. Mature women especially find this difficult to do, as they have been brought up to think of it as boasting. 5 Fraser Valley Training Group info@idothat.ca 604-649-1181
  • 6. The Plight of Older Workers Handout for BCCDA Conference, March 9, 2013 SOURCES 1Government of Alberta (2010). Engaging the Mature Worker: An Action Plan for Alberta. Retrieved on July 21, 2011 Institute of Electrical and Electronics Engineers Overcoming Myths About Older Workers Flash Cards is a set of 40 cards designed as a fun way to help dispel common myths about older workers. The cards were developed by Carleen MacKay, Workforce Policy Advisor to AARP/California and co-founder of Ageless in America (where you can purchase a card deck). http://www.AgelessInAmerica.com. (ref: Overcoming Myths About Older Workers Flash Cards at http://www.AgelessInAmerica.com ) The American Association of Retired Persons (AARP) Business Week, Health Canada Statistics Canada Canadian Centre for Occupation Health and Safety. Bureau of Labor Statistics. The Center on Aging & Work/Workplace Flexibility at Boston College LESLIE AYRES, THE JOB SEARCH GURU Duke University Wharton School of Business at the University of Pennsylvania http://www.aging.unc.edu/groups/work/forum2008/ Source: American Business and Older Employees. AARP. Washington DC: 2000; Bureau of Labor Statistics 6 Fraser Valley Training Group info@idothat.ca 604-649-1181