This document discusses the concept of "recareering" which refers to older workers over 50 pursuing new careers later in life. It argues recareering is important from demographic, organizational, and social perspectives to address labor shortfalls and keep older individuals engaged. However, barriers exist on both the demand side, with employer focus on youth and perceptions of older workers, and supply side with older individuals' confidence and awareness. The document advocates for normalizing recareering and celebrating diversity to address these challenges. Specific cases of individuals recareering are also presented.
IN THIS SUMMARY
Throughout human history, most countries have had more young people than old people. This is no longer true in the United States and is even less true in most western European countries and Japan. Between 2010 and 2040, the numbers of elderly Americans will more than double while the non-elderly population will grow by just ten percent. As the United States workforce ages, some analysts and researchers are projecting a labor shortage and a corresponding job boom in the next decade. As a result, there will be a gap in the availability of an educated and trained pool of skilled workers to fill organizational needs. In The Boomer Retirement Time Bomb, Donald L. Venneberg and Barbara Welss Eversole endeavor to shed some light on the issues connected to retaining, and even recruiting, talent from the pool of senior experienced workers.
SUBSCRIBE TODAY
http://www.bizsum.com/summaries/boomer-retirement-time-bomb
As one generation takes the reins of power and another enters the workforce for the first time, attitudes towards work and its place in our lives are changing. Meanwhile, economic forces are changing the structure of businesses, and in some cases putting more pressure on a smaller number of staff.
In this interview with The Economist Intelligence Unit Sir Cary Cooper, professor of organisational psychology and health at Lancaster University in the UK, explains how these shifts require companies to show more consideration for their employeesā health and well-being, and why that is fundamentally changing the role of managers.
Career changes later in life are becoming more common as jobs are less stable. Reasons for career changes include feeling stuck, wanting better skills utilization, or changing life circumstances. Assessing one's skills, interests, values, and motivations can help define a new career direction. Tips for career changers include researching options, networking, and identifying transferable skills to create a career vision and professional objective. While younger workers change jobs more, career changes at any age are possible with the right preparation and motivation to learn new skills.
This document provides an introduction to the study of careers. It discusses how careers have become less predictable due to changes in the workplace such as increased globalization, cost cutting, outsourcing, and technological advances. It also discusses how the psychological contract between employers and employees has shifted from long-term loyalty to short-term flexibility. The document aims to help readers understand effective career management and develop skills to manage their careers throughout various workplace changes and stages of life.
Making a Mid-Life Career ChangeĀ Ā Ā Ā Ā Are you thinking of a mid.docxcroysierkathey
Ā
Making a Mid-Life Career Change
Ā Ā Ā Ā Ā Are you thinking of a mid-life career change? Mid-life career change is going through a transitioning phase in career, whether if you are in your 20ās, 30ās, or 40ās. A mid-life career change is challenging, and it gets harder if you are older or married with kids. A change in career has always symbolized an escape from job dissatisfaction, work problems, lack of promotion opportunities, or boredom (Coleman, 1999). Making a Mid-Life career change is one of the things considered by the majority of people in different countries. It is through creating a mid-life career change whereby people require knowledge and skills on how various tasks are carried out. The ability of different people who makes a mid-life career change helps to ensure that they are able to achieve their academic goals (Curran, Hamilton, Mansfield, Mountz, Walton-Roberts, Werner, &Ā Whitson, 2019). I have been able to make a mid-life career change to ensure that I pursue a career that I enjoy and love what I do. Also, I was able to experience different challenges in my 30's because of my company closing down. Therefore, I was able to change my career and advanced my education and enhanced my transferable skills. Besides, obstacles were experienced hence affecting the time I took to complete my career change. I ended up having to interview and job shadow in my career field to help myself be successful in my career change. Therefore, I had to seek guidance and counseling to ensure I was in the right direction on matters related to my mid-life career change.Ā
In life, people go through various experiences in their lives. The lessons are either life-changing for the good, bad, or a combination of both. There comes the point in your life where you realized that where you are working or what you are doing is not exactly where you want to be or who you want to become. When deciding to make a mid-life career change, there are a lot of things that come to mind. First, a career change might require investment in additional education or a step back in earning until the new career is established. Second, a midlife career change that is forced by individuals to make different challenges, especially for married people with kids and can disrupt the familyās lifestyle or your lifestyle.Ā Third, how long will it take for you to reach the career goal you desire. The education on career selection plays a significant role in ensuring that the people pursuing the career are best suited. When people engage themselves in mid-life career changes, the familyās income is affected to fund the training/education. Therefore, there will be many sacrifices in the family, and it becomes harder for them to depend on their families.
First, when going through a mid-life career change. The increased cases of unemployment in the entire country has led to many people making a mid-life career change. The ability that I was able to make a mid-life career change was facilitated ...
To start our mission to create more good days at work, we've carried out research to define exactly What is a Good Day At Work for people in the UK. Read the latest research in our report, produced with our partner, Bank Workers Charity
Our ground-breaking research explores:
- How many people in the UK are actually having good days at work.
- What people think creates good days vs what the reality is.
- What the biggest impactors of a good day at work are, and what you can do about them.
- How organisations can create and foster better working environments for their people to thrive at work.
- Hear from President of Good Day At Work, Sir Cary Cooper as he provides his views on the latest research.
The document discusses research into defining "what is a good day at work" and how to create more of them. The research found that people only have about 3 good days out of 5 on average at work. It uncovered discrepancies between what people think makes for a good day at work versus what actually does. People thought task completion and relationships were most important, but the research found physical and emotional energy levels, influenced by work-life balance and self-care, have more impact. Creating the right work environment can help improve wellbeing and increase the likelihood of good days at work.
IN THIS SUMMARY
Throughout human history, most countries have had more young people than old people. This is no longer true in the United States and is even less true in most western European countries and Japan. Between 2010 and 2040, the numbers of elderly Americans will more than double while the non-elderly population will grow by just ten percent. As the United States workforce ages, some analysts and researchers are projecting a labor shortage and a corresponding job boom in the next decade. As a result, there will be a gap in the availability of an educated and trained pool of skilled workers to fill organizational needs. In The Boomer Retirement Time Bomb, Donald L. Venneberg and Barbara Welss Eversole endeavor to shed some light on the issues connected to retaining, and even recruiting, talent from the pool of senior experienced workers.
SUBSCRIBE TODAY
http://www.bizsum.com/summaries/boomer-retirement-time-bomb
As one generation takes the reins of power and another enters the workforce for the first time, attitudes towards work and its place in our lives are changing. Meanwhile, economic forces are changing the structure of businesses, and in some cases putting more pressure on a smaller number of staff.
In this interview with The Economist Intelligence Unit Sir Cary Cooper, professor of organisational psychology and health at Lancaster University in the UK, explains how these shifts require companies to show more consideration for their employeesā health and well-being, and why that is fundamentally changing the role of managers.
Career changes later in life are becoming more common as jobs are less stable. Reasons for career changes include feeling stuck, wanting better skills utilization, or changing life circumstances. Assessing one's skills, interests, values, and motivations can help define a new career direction. Tips for career changers include researching options, networking, and identifying transferable skills to create a career vision and professional objective. While younger workers change jobs more, career changes at any age are possible with the right preparation and motivation to learn new skills.
This document provides an introduction to the study of careers. It discusses how careers have become less predictable due to changes in the workplace such as increased globalization, cost cutting, outsourcing, and technological advances. It also discusses how the psychological contract between employers and employees has shifted from long-term loyalty to short-term flexibility. The document aims to help readers understand effective career management and develop skills to manage their careers throughout various workplace changes and stages of life.
Making a Mid-Life Career ChangeĀ Ā Ā Ā Ā Are you thinking of a mid.docxcroysierkathey
Ā
Making a Mid-Life Career Change
Ā Ā Ā Ā Ā Are you thinking of a mid-life career change? Mid-life career change is going through a transitioning phase in career, whether if you are in your 20ās, 30ās, or 40ās. A mid-life career change is challenging, and it gets harder if you are older or married with kids. A change in career has always symbolized an escape from job dissatisfaction, work problems, lack of promotion opportunities, or boredom (Coleman, 1999). Making a Mid-Life career change is one of the things considered by the majority of people in different countries. It is through creating a mid-life career change whereby people require knowledge and skills on how various tasks are carried out. The ability of different people who makes a mid-life career change helps to ensure that they are able to achieve their academic goals (Curran, Hamilton, Mansfield, Mountz, Walton-Roberts, Werner, &Ā Whitson, 2019). I have been able to make a mid-life career change to ensure that I pursue a career that I enjoy and love what I do. Also, I was able to experience different challenges in my 30's because of my company closing down. Therefore, I was able to change my career and advanced my education and enhanced my transferable skills. Besides, obstacles were experienced hence affecting the time I took to complete my career change. I ended up having to interview and job shadow in my career field to help myself be successful in my career change. Therefore, I had to seek guidance and counseling to ensure I was in the right direction on matters related to my mid-life career change.Ā
In life, people go through various experiences in their lives. The lessons are either life-changing for the good, bad, or a combination of both. There comes the point in your life where you realized that where you are working or what you are doing is not exactly where you want to be or who you want to become. When deciding to make a mid-life career change, there are a lot of things that come to mind. First, a career change might require investment in additional education or a step back in earning until the new career is established. Second, a midlife career change that is forced by individuals to make different challenges, especially for married people with kids and can disrupt the familyās lifestyle or your lifestyle.Ā Third, how long will it take for you to reach the career goal you desire. The education on career selection plays a significant role in ensuring that the people pursuing the career are best suited. When people engage themselves in mid-life career changes, the familyās income is affected to fund the training/education. Therefore, there will be many sacrifices in the family, and it becomes harder for them to depend on their families.
First, when going through a mid-life career change. The increased cases of unemployment in the entire country has led to many people making a mid-life career change. The ability that I was able to make a mid-life career change was facilitated ...
To start our mission to create more good days at work, we've carried out research to define exactly What is a Good Day At Work for people in the UK. Read the latest research in our report, produced with our partner, Bank Workers Charity
Our ground-breaking research explores:
- How many people in the UK are actually having good days at work.
- What people think creates good days vs what the reality is.
- What the biggest impactors of a good day at work are, and what you can do about them.
- How organisations can create and foster better working environments for their people to thrive at work.
- Hear from President of Good Day At Work, Sir Cary Cooper as he provides his views on the latest research.
The document discusses research into defining "what is a good day at work" and how to create more of them. The research found that people only have about 3 good days out of 5 on average at work. It uncovered discrepancies between what people think makes for a good day at work versus what actually does. People thought task completion and relationships were most important, but the research found physical and emotional energy levels, influenced by work-life balance and self-care, have more impact. Creating the right work environment can help improve wellbeing and increase the likelihood of good days at work.
To start our mission to create more good days at work, we've carried out research to define exactly What is a Good Day At Work for people in the UK. Read the latest research in our report, produced with our partner, Bank Workers Charity
Our ground-breaking research explores:
- How many people in the UK are actually having good days at work.
- What people think creates good days vs what the reality is.
- What the biggest impactors of a good day at work are, and what you can do about them.
- How organisations can create and foster better working environments for their people to thrive at work.
- Hear from President of Good Day At Work, Sir Cary Cooper as he provides his views on the latest research.
Increasing Age Diversity In The Workplace (Case#2, Chapter#2)hassaanashraf1
Ā
This case is about increasing age diversity in the workplace which is the average age of the workforce has continually increased as medical science continues to enhance longevity and vitality fastest growing segment of the workplace is individual over the age of 55. Recent medical research is exploding techniques that could extend human life to 100 years or more. Unfortunately, an older worker faces a variety of discriminatory attitude in the work place. Organizations can take steps to limit age discrimination and ensure that employees are treated fairly regardless of age. Many of the techniques to limit age discrimination come down to fundamentally sound management practices relevant for all employees. Such as set clear expectation for performance: deal with problems directly, communicate with workers frequently and follow clear policies and procedure consistently.
Aegon Retirement Readiness Report - The New Flexible RetirementAegon
Ā
The concept of retirement is rapidly changing. As people live longer, retirement will become a more active life stage, with more people looking to blend work and leisure. But not all countries are acting on this global trend.
Retirement Reimagined: Longevity and the Future of Financial Well-BeingCognizant
Ā
As life expectancies grow, banks and insurers need to deliver products and services that provide people with financial security throughout their extended sunset years. Hereās how the financial services industry can remain relevant and vital as life journeys elongate and grow more fluid.
The aging of the American workforce will have significant implications for employers and employees. People are living longer, with some estimates that over 600,000 Americans will be over 100 years old by 2050. There is now a 31% chance that at least one spouse in a married couple will live past 95 if they retire at 65. This means employees may need to plan for 30 years of retirement. However, retiring at 65 is very expensive to fund for most people. As a result, 70 or 72 is becoming the new standard retirement age. This aging trend presents challenges for employers to support longer working and retirement periods.
Outlines the challenges and opportunities for employers with an age diverse workforce. Explores a strategic approach and shares tools and tips that support employers to build engaged and sustainable workforces.
Gympass: The State of Work-Life Wellness Report '22PricyllaCouto
Ā
The document discusses work-life wellness and the importance of employee wellbeing. It begins by introducing the concept of work-life wellness and discussing how prioritizing wellbeing led to positive changes for the CEO of Gympass. It then summarizes key findings from a survey of over 9,000 employees which show that employee expectations around wellbeing are rising and that they are more likely to stay with or consider employers that focus on wellbeing. The document examines wellbeing through the lenses of body, mind and life. In the body section, it outlines popular exercise types and how exercise can benefit both physical and mental health. It discusses how the pandemic has increased focus on health and wellbeing.
Gympass: The State of Work-Life Wellness Report '22PricyllaCouto
Ā
Employees are increasingly prioritizing wellbeing and expecting employers to support it. Many employees said they would consider leaving a company that does not focus on wellbeing, and over 80% believe their wellbeing is as important as salary. Physical fitness is important for both physical and mental health, but employees want variety and novelty in exercise options. Mental health issues like burnout are common, with over 25% of employees reporting frequent burnout, yet many do not feel their employers demonstrate commitment to wellbeing. Employers have an opportunity to close this gap and support emotional resilience by providing resources for "emotional workouts" like the tools needed for mental fitness.
Debate 7 Money is the dominant motivator (1)sehaj kaur
Ā
The document argues that money is the dominant motivator for employees. It makes four main points:
1. Money motivates people to work harder, as extra money provides incentive to increase productivity.
2. Monetary incentives encourage competition between employees to raise standards and performance.
3. Money provides a simple way for companies to reward workers for their efforts and achievements.
4. Money can motivate all types of workers, from entry-level positions to executives, making it universally appealing.
The document uses theories like Maslow's hierarchy of needs and scientific management to support the position that money fulfills basic human needs and drives behavior. It concludes that rewarding employees financially leads to increased effort, competition
This document provides an agenda and background information for an event discussing opportunities for older employment.
The agenda includes welcome remarks, panels on the importance of older workers and case studies from McDonald's and other companies. Background statistics and studies show high unemployment rates for older workers and evidence of age discrimination in hiring. However, research also finds that older workers can be as productive as younger ones and have lower turnover. Employers that have successful policies for retaining older workers benefit from their experience, mentoring and lower absenteeism. Case studies highlight how McDonald's restaurants with older average workforces have higher customer satisfaction and sales.
This document discusses three common change management models: Lewin's change model, McKinsey 7-S model, and Kotter's 8-step change model. Lewin's model involves three phases - unfreezing, moving, and refreezing. The McKinsey 7-S model examines seven elements - strategy, structure, systems, shared values, style, staff, and skills. Kotter's 8-step model provides an orderly process for preparing for and accepting change. The document also discusses research methods used in a related study on organizational change and communication.
Reimagining Retirement: Longevity and the Future of Financial ServicesCognizant
Ā
As life expectancies grow, here's how banks and insurers can deliver products and services that provide people with financial
security throughout their extended sunset years.
The document discusses strategies for withdrawing funds from retirement accounts during retirement. It presents three strategies: consumption, expected, and bequest. Consumption allows higher initial withdrawal rates but results in lower portfolio values later. Expected uses average life expectancies. Bequest prioritizes preserving funds for heirs with lower initial withdrawal rates. The appropriate withdrawal rate depends on the strategy and retiree's age, with higher rates recommended the older the retiree.
The New Normal Trends Re-writing the Future of the Senior Living Resident Ex...Innovations2Solutions
Ā
The document discusses trends that are transforming the senior living resident experience, including:
1) Shifting demographics like increased life expectancy and more diversity among residents are changing who senior living residents are.
2) Resident expectations are also changing, focusing more on health, wellness, social engagement and customized experiences.
3) To meet new resident needs and expectations, senior living communities will need to offer more amenities and services focused on fitness, nutrition, social interaction and technology to provide memorable experiences.
The Ultimate Guide to Reinventing Your Career at 40 in theĀ UK.pptxCure Homoeopathic
Ā
Reinventing your career at 40 can be both exhilarating and daunting. For many, this milestone marks a turning pointāa chance to pursue new passions, attain better work-life balance, or secure a more fulfilling and lucrative job. If youāre considering a career change at 40, itās essential to approach the process thoughtfully and strategically. This guide will provide valuable insights and practical steps to help you navigate this significant transition successfully.
in our day to day life employees are suffering from dippresion due to their heavy work load to deal with this problem it is necessary to adopt work life balance strategies.
Article - Retirement to Re-engegement - In Focus mag - May 2016Isabelle St-Jean
Ā
Isabelle St-Jean explores the concept of "re-engagement" in retirement rather than merely retiring. She discusses how retirement is a major transition that people approach with different levels of readiness and attitudes. St-Jean advocates for planning a purposeful lifestyle in retirement focused on engagement, leisure, and meaning through a variety of activities and lifelong dreams. Having a positive mindset about aging is also important to health and well-being in retirement.
retirement-matters (Stephen Huppert's take on Australian's attitudes to later...Henry Tapper
Ā
The concept of retirement has evolved significantly over time. Originally viewed as a point when one stops full-time work, it is now seen as a phase of life lasting decades. This is due to substantial increases in life expectancy and time spent in good health after age 65. While Australians intend to retire around age 65 on average, many actually retire earlier, often for involuntary reasons like health issues. Looking ahead, retirement will likely involve multiple phases of work, learning, volunteering and leisure. Individuals and societies will need to adapt to support longer retirements.
Segmentation and the Employer Brand - Graeme Wright, Havas PeopleHavas People
Ā
Graeme Wright, Strategy Director at Havas People, presents the three forces that challenge recruitment and how the employer brand enables organisations to manage these forces.
To start our mission to create more good days at work, we've carried out research to define exactly What is a Good Day At Work for people in the UK. Read the latest research in our report, produced with our partner, Bank Workers Charity
Our ground-breaking research explores:
- How many people in the UK are actually having good days at work.
- What people think creates good days vs what the reality is.
- What the biggest impactors of a good day at work are, and what you can do about them.
- How organisations can create and foster better working environments for their people to thrive at work.
- Hear from President of Good Day At Work, Sir Cary Cooper as he provides his views on the latest research.
Increasing Age Diversity In The Workplace (Case#2, Chapter#2)hassaanashraf1
Ā
This case is about increasing age diversity in the workplace which is the average age of the workforce has continually increased as medical science continues to enhance longevity and vitality fastest growing segment of the workplace is individual over the age of 55. Recent medical research is exploding techniques that could extend human life to 100 years or more. Unfortunately, an older worker faces a variety of discriminatory attitude in the work place. Organizations can take steps to limit age discrimination and ensure that employees are treated fairly regardless of age. Many of the techniques to limit age discrimination come down to fundamentally sound management practices relevant for all employees. Such as set clear expectation for performance: deal with problems directly, communicate with workers frequently and follow clear policies and procedure consistently.
Aegon Retirement Readiness Report - The New Flexible RetirementAegon
Ā
The concept of retirement is rapidly changing. As people live longer, retirement will become a more active life stage, with more people looking to blend work and leisure. But not all countries are acting on this global trend.
Retirement Reimagined: Longevity and the Future of Financial Well-BeingCognizant
Ā
As life expectancies grow, banks and insurers need to deliver products and services that provide people with financial security throughout their extended sunset years. Hereās how the financial services industry can remain relevant and vital as life journeys elongate and grow more fluid.
The aging of the American workforce will have significant implications for employers and employees. People are living longer, with some estimates that over 600,000 Americans will be over 100 years old by 2050. There is now a 31% chance that at least one spouse in a married couple will live past 95 if they retire at 65. This means employees may need to plan for 30 years of retirement. However, retiring at 65 is very expensive to fund for most people. As a result, 70 or 72 is becoming the new standard retirement age. This aging trend presents challenges for employers to support longer working and retirement periods.
Outlines the challenges and opportunities for employers with an age diverse workforce. Explores a strategic approach and shares tools and tips that support employers to build engaged and sustainable workforces.
Gympass: The State of Work-Life Wellness Report '22PricyllaCouto
Ā
The document discusses work-life wellness and the importance of employee wellbeing. It begins by introducing the concept of work-life wellness and discussing how prioritizing wellbeing led to positive changes for the CEO of Gympass. It then summarizes key findings from a survey of over 9,000 employees which show that employee expectations around wellbeing are rising and that they are more likely to stay with or consider employers that focus on wellbeing. The document examines wellbeing through the lenses of body, mind and life. In the body section, it outlines popular exercise types and how exercise can benefit both physical and mental health. It discusses how the pandemic has increased focus on health and wellbeing.
Gympass: The State of Work-Life Wellness Report '22PricyllaCouto
Ā
Employees are increasingly prioritizing wellbeing and expecting employers to support it. Many employees said they would consider leaving a company that does not focus on wellbeing, and over 80% believe their wellbeing is as important as salary. Physical fitness is important for both physical and mental health, but employees want variety and novelty in exercise options. Mental health issues like burnout are common, with over 25% of employees reporting frequent burnout, yet many do not feel their employers demonstrate commitment to wellbeing. Employers have an opportunity to close this gap and support emotional resilience by providing resources for "emotional workouts" like the tools needed for mental fitness.
Debate 7 Money is the dominant motivator (1)sehaj kaur
Ā
The document argues that money is the dominant motivator for employees. It makes four main points:
1. Money motivates people to work harder, as extra money provides incentive to increase productivity.
2. Monetary incentives encourage competition between employees to raise standards and performance.
3. Money provides a simple way for companies to reward workers for their efforts and achievements.
4. Money can motivate all types of workers, from entry-level positions to executives, making it universally appealing.
The document uses theories like Maslow's hierarchy of needs and scientific management to support the position that money fulfills basic human needs and drives behavior. It concludes that rewarding employees financially leads to increased effort, competition
This document provides an agenda and background information for an event discussing opportunities for older employment.
The agenda includes welcome remarks, panels on the importance of older workers and case studies from McDonald's and other companies. Background statistics and studies show high unemployment rates for older workers and evidence of age discrimination in hiring. However, research also finds that older workers can be as productive as younger ones and have lower turnover. Employers that have successful policies for retaining older workers benefit from their experience, mentoring and lower absenteeism. Case studies highlight how McDonald's restaurants with older average workforces have higher customer satisfaction and sales.
This document discusses three common change management models: Lewin's change model, McKinsey 7-S model, and Kotter's 8-step change model. Lewin's model involves three phases - unfreezing, moving, and refreezing. The McKinsey 7-S model examines seven elements - strategy, structure, systems, shared values, style, staff, and skills. Kotter's 8-step model provides an orderly process for preparing for and accepting change. The document also discusses research methods used in a related study on organizational change and communication.
Reimagining Retirement: Longevity and the Future of Financial ServicesCognizant
Ā
As life expectancies grow, here's how banks and insurers can deliver products and services that provide people with financial
security throughout their extended sunset years.
The document discusses strategies for withdrawing funds from retirement accounts during retirement. It presents three strategies: consumption, expected, and bequest. Consumption allows higher initial withdrawal rates but results in lower portfolio values later. Expected uses average life expectancies. Bequest prioritizes preserving funds for heirs with lower initial withdrawal rates. The appropriate withdrawal rate depends on the strategy and retiree's age, with higher rates recommended the older the retiree.
The New Normal Trends Re-writing the Future of the Senior Living Resident Ex...Innovations2Solutions
Ā
The document discusses trends that are transforming the senior living resident experience, including:
1) Shifting demographics like increased life expectancy and more diversity among residents are changing who senior living residents are.
2) Resident expectations are also changing, focusing more on health, wellness, social engagement and customized experiences.
3) To meet new resident needs and expectations, senior living communities will need to offer more amenities and services focused on fitness, nutrition, social interaction and technology to provide memorable experiences.
The Ultimate Guide to Reinventing Your Career at 40 in theĀ UK.pptxCure Homoeopathic
Ā
Reinventing your career at 40 can be both exhilarating and daunting. For many, this milestone marks a turning pointāa chance to pursue new passions, attain better work-life balance, or secure a more fulfilling and lucrative job. If youāre considering a career change at 40, itās essential to approach the process thoughtfully and strategically. This guide will provide valuable insights and practical steps to help you navigate this significant transition successfully.
in our day to day life employees are suffering from dippresion due to their heavy work load to deal with this problem it is necessary to adopt work life balance strategies.
Article - Retirement to Re-engegement - In Focus mag - May 2016Isabelle St-Jean
Ā
Isabelle St-Jean explores the concept of "re-engagement" in retirement rather than merely retiring. She discusses how retirement is a major transition that people approach with different levels of readiness and attitudes. St-Jean advocates for planning a purposeful lifestyle in retirement focused on engagement, leisure, and meaning through a variety of activities and lifelong dreams. Having a positive mindset about aging is also important to health and well-being in retirement.
retirement-matters (Stephen Huppert's take on Australian's attitudes to later...Henry Tapper
Ā
The concept of retirement has evolved significantly over time. Originally viewed as a point when one stops full-time work, it is now seen as a phase of life lasting decades. This is due to substantial increases in life expectancy and time spent in good health after age 65. While Australians intend to retire around age 65 on average, many actually retire earlier, often for involuntary reasons like health issues. Looking ahead, retirement will likely involve multiple phases of work, learning, volunteering and leisure. Individuals and societies will need to adapt to support longer retirements.
Segmentation and the Employer Brand - Graeme Wright, Havas PeopleHavas People
Ā
Graeme Wright, Strategy Director at Havas People, presents the three forces that challenge recruitment and how the employer brand enables organisations to manage these forces.
Nick Francis, Managing Director at Casual Films, talks about the importance of video in conveying intangible aspects to bring the employer brand alive.
In employer branding, EXPERIENCE is everythingHavas People
Ā
Brett Minchington, Chairman/CEO at Employer Brand International, talks about the trends in global employer branding, the importance of personalisation and the emergence of employee experience journey mapping
Talent Bites - Attracting & Retaining Women: Yelena GaufmanHavas People
Ā
Yelena Gaufman, Head of Planning at Havas WorldWide, presented 'Necessity of feminism' at the Talent Bites session 'Attracting and retaining Women', October 2015, London.
Talent Bites - Attracting & Retaining Women: Suzy LevyHavas People
Ā
Suzy Levy, Managing Director at The Red Plate, presented 'Inclusion & Diversity Trends Shaping Gender' at the Talent Bites session 'Attracting and retaining Women', October 2015, London.
Talent Bites - Attracting & Retaining Women: Sinead BuntingHavas People
Ā
Sinead Bunting, European Director of Consumer Marketing at Monster, presented 'Tech Talent: the Alarming Digital Skills Gap' at the Talent Bites session 'Attracting & Retaining Women', October 2015, London.
Talent Bites - Attracting & Retaining Women: Kathryn NawrockyiHavas People
Ā
Kathryn Nawrockyi, Gender Equality Director at Business in the Community, presented 'Project 28-40: the lived experience' at the Talent Bites session 'Attracting & Retaining Women', October 2015, London.
Talent Bites - Attracting & Retaining Women: Rachel McCourtyHavas People
Ā
Rachel McCourty, Insight Manager at Havas People, presented 'We have a problem: We don't have enough (senior) women in the workforce. What can we do?' at the Talent Bites session 'Attracting and retaining Women' - October 2015, London.
Personalising Recruitment - Jameel Amini - Personalisation in RecruitmentHavas People
Ā
Jameel Amini, Head of Digital Strategy at Havas People, presents personalisation in recruitment, providing successful personalisation examples in candidate attraction and onboarding.
Personalising Recruitment - Iain Munro - Waitrose Pick Your OwnHavas People
Ā
Iain Munro, Account Director at aisLondon, presents the use of personalisation in consumer marketing through the case study of 'Waitrose Pick Your Own'
EVPs- Beyond the Theory: Chivas Regal - Win the Right WayHavas People
Ā
Danni Brace, Head of Global Client Development at Havas People, looks at the word of consumer marketing, presenting the new Chivas regal case study, āWin the Right Wayā.
The campaign addresses the principles of collaboration and entrepreneurial values held by Generation Y, which is the audience that Chivas Real aims at connecting with.
EVP Video - Bringing the Employer Brand to LifeHavas People
Ā
Nick Francis, Creative Director at Casual Films, looks at how video content can bring employer branding alive, giving the opportunity to share the story of a brand and transform its intangible traits into the tangible.
Nick asserts that an original, memorable, emotional and at the same time informative video expresses an employer brand in a significantly more engaging way.
EVPs - Beyond the Theory: The Zurich Talent Brand JourneyHavas People
Ā
Sarah Cheyne, Global Head of Talent Acquisition Brand and Attraction at Zurich Insurance Group, presents Zurichās Talent Brand journey.
Besides her takeaways on the recruiting process, Sarah explains the steps that Zurich undertook to activate an authentic and credible Talent Proposition.
Graeme Wright, Strategy Director at Havas People, explores the issues around EVP implementation ā and what you can do to address them.
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Recareering in the UK
1. 1
Prepared by Havas People
July 2014
We inspire lasting brand relationships.
RECAREERING
IN THE UK
2. 2
Contents
Recareering..................................................................................................................................................3
The mainstream view of recareering........................................................................................................................... 3
A new view...............................................................................................................................................................................4
Why is recareering important?................................................................................................................5
The demographic perspective....................................................................................................................................... 5
The organisational perspective...................................................................................................................................... 5
The social perspective.........................................................................................................................................................7
Barriers to recareering ā demand side..................................................................................................8
A focus on youth...................................................................................................................................................................8
Government policy...............................................................................................................................................................8
Perception that older workers are change resistant...........................................................................................8
Ageism?......................................................................................................................................................................................9
Legislation.................................................................................................................................................................................11
Itās a good idea but people have just not thought of it.....................................................................................11
Barriers to recareering ā supply side....................................................................................................12
Lack of self-confidence and low self-esteem........................................................................................................12
Recruitment practices........................................................................................................................................................12
Becoming a trainee ā again.............................................................................................................................................12
A lack of appreciation of their transferable skills and potential...................................................................12
Lack of awareness................................................................................................................................................................12
Who is recareering?..................................................................................................................................13
Lorna at Hendra House.....................................................................................................................................................13
Barbara at Nationwide.......................................................................................................................................................14
Brian at McDonalds.............................................................................................................................................................14
What needs to be done?..........................................................................................................................15
Normalisation.........................................................................................................................................................................15
Celebrate diversity...............................................................................................................................................................15
3. Recareering
The purpose of this whitepaper is to encourage organisations to start thinking about a
process we are describing as: recareering.
The essence of recareering is the redeployment of older workers (for the purposes of this
document that means the over-50s) into new careers.
As such recareering is distinct from many on going initiatives to get older people into work ā
this isnāt about getting a job, itās about starting a new career.
Although new in the UK, the thinking behind recareering is well established in the US ā
though even there it isnāt yet a mainstream phenomenon.
The mainstream view of recareering
What we might describe as the traditional definition of recareering comes from Investopedia:
This isnāt a bad definition as it gets to the heart of the subject, i.e. a fundamental career
change in later life. Itās a definition that sits nicely with many executive-level professionals
who change careers often with the comfort of savings or pensions that give them the
freedom to follow a new career path. However, this is also its main weakness; itās just a
little bourgeois.
āāRecareering can take two forms: it can be voluntary or it can occur unexpectedly. In voluntary
recareering, an individualās current career might not provide the interest, passion or money that
the person is seeking. Recareering can occur unexpectedly when a personās job is eliminated
and there are few other opportunities in his or her field of expertise.ā
āāIncreasingly fifty plus year olds are recareering as a way of transitioning or supplementing
retirement. Many individuals consider changing their careers or lifestyles to pursue fields that
have always interested them, or to step out to launch their own businesses.āā
āāRecareering is not just a job change, but a move to a completely different career path and
a different life trajectory. Money, power and prestige are prime motivators for many people
switching careers, but others do it to pursue a passion or make a lifestyle change.āā
3
4. 4
A new view
In our view recareering is something more
comprehensive. At its heart itās not about
transitioning or supplementing retirement.
Itās about starting again and using the last
years of your employment as effectively
as you used your first. Itās not about
winding down; itās about starting again
and reinvigorating your career. Whilst for
some it may be about pursuing a passion
or lifestyle change, the real significance
of recareering is unlocking the potential
of older generations and energising the
whole workforce.
There are many challenges inherent in
recareering for employees and employers:
ā¢ For employees, they need to need to be
brave enough to start again and move
away from ingrained attitudes about
career paths and their ability to train
and learn ā putting it bluntly they have
to believe you can āteach an old dog
new tricksā.
ā¢ For employers, itās about creating
environments where over-50s are trained
or re-trained into new careers; where the
key question isnāt what was your last
job, but what are your skills and talents
in much the same way these employers
would judge a someone in their early
20s or teens moving into their first job.
Recareering can be voluntary or involuntary.
Voluntary motivations may include a desire
to āgive something backā. For example, a
move into the third sector; a desire to pursue
an alternative interest; or simply a desire for
a better work/life balance ā flexible work
schedules or less stressful work conditions.
There might be dissatisfaction with
current circumstances, but not an absolute
requirement to move jobs ā it just suits their
aspirations. Without wanting to oversimplify,
this is primarily the middle-class route to
recareering, and itās done often with a sense
of confidence and some financial security.
To some extent this route is well established
and accepted.
In contrast there are those who through
redundancy, or perhaps a need for a better
long-term standard of living, embrace
recareering for a different set of reasons.
This type of recareering is much less
well established and itās here that the real
challenges start to emerge ā the concept
of a 50 year old apprentice is difficult for
many people. Itās this type of āessentialā
recareering we focus on primarily in
this document.
5. 5
Why is recareering important?
Without wanting to fall too far into the realms of hyperbole, recareering has the potential to transform the UK recruitment marketplace.
Letās look at this potential from a number
of perspectives:
The demographic perspective ā recareering will help make up
a labour shortfall.
We are seeing a significant shift in the
age makeup of the population. The UK,
in common with many Western countries,
has an aging population. According to a report by the Institute of Hospitality, by
2020 there will be more people in the
50-60 year old category than any other,
and the over-50s will comprise a third
of the workforce.
Between 2011 and 2021, UK demographic changes mean:
ā¢ the 55-59 age group will increase by almost one quarter
ā¢ the 40-44 and 45-49 age groups will decrease by 13%
ā¢ the 34-39 year old age group will rise by 12%
ā¢ the 30-34 age group will increase by 22%
ā¢ the 20-24 age group will fall by 10%
ā¢ the 15-19 age group will fall by 6%.
One implication of the change in the UK demographic is that older workers will have to play a more significant part in the labour market. According to the Department of Work and Pensions, we are running out of workers. Current employer plans suggest that we will need to fill 13.5 million job vacancies in the next ten years, but only 7 million young people will leave school and college. Immigration will not fill the gap because current net immigration is around 180,000 people per year and the Government is committed to reducing this
to around 100,000.
Conversely, people will need to work longer
if they want to maintain their living standards, as the state pension age changes, final salary pensions disappear and, for example, annuities rates tumble. (Annuity rates are at an all-time low due to a combination of low interest rates, rising life expectancy and quantitative easing).
The organisational perspective ā
recareering improves organisations by harnessing
the experience and skill sets
of older workers
Recareering brings a range of benefits to organisations that embrace it:
ā¢ Improved engagement with your customer base
Thereās a benefit for many businesses in ensuring their workforce mirrors their customer base ā it enables them to engage better with their customers, have a clearer awareness of their desires and will enable them to be more innovative and responsive to their needs.
6. 6
A good example is Domestic and General
Insurance who comment: āAs a company,
we offer domestic appliance cover and deal
with technical queries. We find that our
mature workers have much more empathy
with our customers. They understand the
issues that the person at the other end of
the telephone is having.ā
ā¢ Skills transitioning
Employers who deploy recareering
programmes should benefit from whatās
described as āskills transitioningā. That is,
employers will benefit from the skills and
experiences of recareering candidates from
their first career life as these will transition
into the employer organisation.
ā¢ āSecond-lifeā mentality
Recareering is a long-term commitment
which gives candidates an opportunity for
a āsecond career lifeā. Thereās evidence that
this leads to a āsecond lifeā mentality which
manifests itself in higher levels of loyalty,
commitment, and career focus.
ā¢ Recruitment of āleadership developersā
Although there may be concerns that
recareering may not lead to the development
of āleadersā, recareering can instead create
āleadership developersā: a segment of the
organisation that is capable of mentoring,
leading, and coaching younger workers.
ā¢ Utilisation of established networks
Employers will also be able to benefit from
existing networks of recareerers from their
first career life.
ā¢ Reduced staff turnover
Perhaps counter-intuitively thereās a
higher degree of āstickinessā with older
workers in that they are liable to stay
with an organisation longer. B&Q once
recorded that staff turnover was reduced
by over 60% in stores where older people
were the main focus of recruitment. While
this may be extreme, it does seem to be
true that older staff often have a higher
degree of loyalty. This is significant as even
small improvements in turnover can lead
to significant organisational savings. For
example, WH Smith reported a 1% reduction
in turnover attributed to recruiting older
workers, equivalent to a saving of Ā£800,000
per annum, and Nationwide reported that
they had saved Ā£7 million through age
diversity policies that reduced turnover.
ā¢ Higher performance
There is plenty of evidence that organisations
with a mixed age workforce are more
productive than those with an age bias.
McDonalds, for example, reports 20% higher
performance in their UK outlets where 60+
year old workers are employed.
As Pensions Minister Steve Webb pointed out:
āA firm that doesnāt make use of the talent pool
on offer amongst the over fifties will be left behindā.
7. 7
The social perspective
Itās a sad reality that over-50s and particularly over-55s are more likely to be affected by
unsuccessful job searches and job market alienation. In particular, they are far less likely
to gain re-employment when made redundant. Average pay also starts to decline when
people hit 50.
Age
16-17
18-21
22-29
30-39
40-49
50-59
60+
0 100 200 300 400 500 600
Ā£ per week
All of this tends to create a section of society that can feel alienated or at least creates
needless societal divides. Hence, recareering has the effect of creating generational bonds
keeping over-50s engaged in mainstream society. We need to avoid a lost generation
of the over-50s as much as the under-20s.
There are also economic, social and moral arguments that fulfilling work is the most effective
way to improve the well-being of individuals, their families and their communities. Therefore
the impact of recareering in getting and keeping people in the world of work is significant.
Importantly there also seems to be a demand for engagement from the over-50s themselves.
A survey in the US estimated 9 million Americans, aged 44 to 70, are engaged in second
careers, and 31 million more are interested in pursuing one.
Average pay by age (ONS)
8. 8
Barriers to recareering ā
demand side
Although many companies may be open
to employing and retraining older workers,
at least in theory, most UK companies have
no particular focus or appreciation of the
opportunities recareering can offer. While
from a candidate perspective, it doesnāt
seem to be front of mind in many cases.
What then are the barriers?
A focus on youth
Many organisations make an embedded
association between training and youth.
For example, with no apparent sense of irony,
London Borough of Lewisham recently ran
the following advertisement:
āāCommunity Education Lewisham works
closely with adults in the borough to
improve their skills and increase prospects
for employment. CEL are looking for an
ambitious young person to join their
Management of Information Systems team.
This sort of work requires a strong sense
of responsibility, accuracy and attention
to detail.āā
The question you need to ask is ā
why young?
When it comes to training, people think āyoungā
and this is reflected in the comparatively tiny
number of apprenticeships or internships
which encourage older people to apply.
This approach to apprenticeships, in part,
stems from a career marketplace where
people were liable to have a job for life,
e.g. you became an apprentice engineer
and you stayed an engineer for life. Attitudes
to apprenticeships need to change and keep
in mind that, from a work perspective, people
may have two or three work lives.
Government policy
While the government at least plays lip
service to the idea of recareering and
certainly is in favour of keeping older
workers employed, training initiatives often
favour the young ā the best example being
that employers can recover the full cost
of an apprentice if they are 16, 17 or 18,
but nothing if the apprentice is over 50
(actually nothing if the apprentice is over
the age of 24).
Perception that older workers
are change resistant
Perhaps some organisations remain nervous
about recareering as there is a feeling that
older workers wonāt be interested in re-skilling
later in life. Typical comments are often:
ā¢ They couldnāt afford a change in salary
particularly if they have families
ā¢ They would feel uncomfortable working
for younger managers
ā¢ They lack the flexibility required for the
modern workplace.
These attitudes often border on ageism, but
primarily reflect a lack of insight into the
attitudes and abilities of older workers.
9. 9
Ageism?
Is there institutional ageism in the UK?
Is there an ingrained institutional problem
with regards to the recruitment of āolderā
workers? Most older people seem to think so:
60% of older people in the UK agree that age
discrimination exists in the daily lives of older
people. Data suggests that older workers
strongly feel they have the right to work ā
92% (if they are fit and able); and that their
skills and talents are being wasted (89%) by
being forced to retire or not being able to
gain re-entry to the labour market.
There seems to be a range of evidence
to back this up: beyond fifty, the chances
of promotion for older workers rapidly
disappear. We even spend less on training
on older workers ā according to Age UK only
18.1% of employees in the UK aged between
50 and retirement age have received job-related
training in the last four weeks, as
opposed to 25.8% aged 25-34 and 38.7%
aged 35-49.
So how does this ageism manifest itself in
terms of beliefs and has it any validity?
ā¢ Sickness, absence and performance
Some employers seem to feel that thereās
a correlation between age and sickness,
absenteeism and performance, i.e. the older
you are the more likely you are to be off
work ill, or you will work more slowly.
However, there is little evidence that
chronological age is a strong determinant of
health, cognitive or physical abilities, sickness
absence, work-related injuries or productivity.
Indeed there is evidence that older workers
are actually less prone to absenteeism and
more productive than younger colleagues.
For example, tests by The Max Planck
Institute for Human Development in Berlin
showed workers aged 65 and over are more
productive and more reliable than their
much younger colleagues, performing tasks
more consistently than twenty-somethings
did. They put the results down to older
workers having a consistently higher level
of motivation, a balanced routine and a
stable mood.
While according to a survey by the Society
for Human Resource Management (SHRM),
it was reported by employers that older
workers are 68% more reliable, 69% better
with work ethics, 77% more committed to
the job.
ā¢ Workforce planning and a return on
investment
One common view amongst some employers
is that the closer people are to retirement
age, the less certain you can be of their
longevity within an organisation, and as
a result there is a reluctance to hire them
into roles where training or development
is required (i.e. the very roles most closely
related to recareering).
However age is not generally a good
indicator of return on investment. Research
suggests that most training returns an
investment within a year, and the risk of
an employee leaving the company after
receiving training is the same across all age
groups. In fact research from The Bureau
of Labour Statistics in America indicates
that the average worker today stays at
each of his or her jobs for 4.4 years, but the
expected tenure of the workforceās youngest
employees is about half that!
10. 10
2012 79
16-24
25-34
35-44
45-54
55-64
65-74
75+
AB
C1
C2
DE
85
84
79
78
93
91
56
28 1
85
62 7
91
67
38
9
2
7
3
6
10
28
4
4
4
3
2
2
2
1
2
2
3
3
2
2 15
15
4
4
5
4
5
3
4
16
Internet connection at home Likely to get in next 12 months
Donāt know if will get Donāt intend to get
Itās certainly fair to say that younger workers
often do not enter the workforce with an
expectation of staying for their whole career:
91% of Millennials (born between 1977-1997)
expect to stay in a job for less than three
years, according to the Future Workplace
āMultiple Generations @ Workā survey.
ā¢ Older people donāt do technology ā
itās all about ādigital nativesā
Leaving aside that the World Wide Web was
invented by a 58 year old (Tim Berners-Lee)
this is a sweeping generalisation that ignores
some significant changes in patterns of
technology usage.
Admittedly, itās true that non-users of the
internet are more likely to be aged 65 and
over (although the same can be said of the
DE socio-economic group), and it is only
with the over-75s that usage is really low.
However, the over-60s are also the group
with the fastest rate of growth in terms of
internet usage.
Most importantly, we need to look at the
usage of technology by the 45-65 year
old group (who will be at the heart of any
recareering in the future and they have very
high rates of internet usage ā over 80%).
The over-50s are also the group that
demonstrates the fastest growth rate in
use of social media, with growth particularly
strong on sites such as Google+ and Facebook.
11. 11
ā¢ Ability
There are also those who hold opinions
along the lines of āyou canāt teach an old dog
new tricksā. While it may be argued older
people have a different style of learning,
itās clear that they are quite capable of re-training.
A study conducted by the Society
for Human Resource Management (SHRM) of
HR professionals found 68% of respondents
said training older workers costs less or the
same as training their younger counterparts;
57% reported that age does not affect the
amount of time required to train an employee
(14% disagreed); 49% determined that older
workers grasped new concepts as well as
younger workers (18% disagreed).
Legislation
Of course there is now legislation in place
to protect people from Age Discrimination.
The Equality Act 2010, however, focuses on
discriminating on the basis of age, which is a
different issue from specifically encouraging
the recruitment of over-50s.
Itās a good idea but people have
just not thought of it
Being positive, however, possibly a common
reason why more organisations are not
recareering is that theyāve simply not
thought about it. People are not talking
about it so employers are not thinking about
it or its benefits. Perhaps it just seems too
difficult to implement.
12. 12
Barriers to recareering ā
supply side
While there are some barriers recruiters need to overcome before they can embrace recareering, itās only going to be successful if it is embraced by the over-50s. There are of course many barriers for people to overcome:
Lack of self-confidence and
low self-esteem
As we have said, 60% of older people in
the UK agree that age discrimination
exists in their daily lives. Not a good
start if someone is going to embark on something as seemingly radical as recareering. In particular, they are liable
to lack self-confidence if they have been made redundant, while the prospect of
a new start may be particularly daunting
if they have been in the same kind of environment for many years.
Recruitment practices
Many people find that their earlier experiences of how to look for a job are no longer relevant. This isnāt helped by a tendency for much recruitment activity to access an individual by their last job title as opposed to looking at skills. While some employers use formal qualifications as a substitute for skills and so filter out job applications from those who do not have them. Compared with younger age groups, fewer over-50s have formal qualifications (for example, the rate of participation in higher education has exploded in the last 20 years).
Becoming a trainee ā again
There is an element of recareering that is about going back to go forward. Youāll be managed by people younger than you
(and some older people may suffer from reverse ageism), you may have to sit exams and perhaps hardest of all, you may need
to take an initial cut in pay.
A lack of appreciation of their transferable skills and potential
Some over-50s may have a fixed view of the skills they can offer and underestimate their ability to adapt and learn. They frequently think only of the tasks they performed in past roles and struggle to identify transferable skills that might be of use to an employer.
For many their last training may have been many years ago and so the prospect of learning something new can be daunting.
Lack of awareness
Itās probably fair to say that unless directly confronted with an opportunity, most people over 50 have not considered recareering and would not know how to start looking.
13. 13
Who is recareering?
While clearly not mainstream, there are some organisations that are now embracing and supporting recareering. These organisations operate particularly in the hospitality, retail and care sectors. Looking at their success is a good way of highlighting what can be achieved and how.
A good source of case studies relating to recareering is the Department of Work
and Pensions: Employer case studies ā employing older workers for an effective multi-generational workforce. Although this report is not strictly about recareering, it includes a number of interesting examples of the kind of companies that are recareering, how they are going about it and the benefits they are getting from it. The report covers research into a wide range of organisations in care, health, retail and hospitality - interestingly a number of consistent themes come out as the benefits of recareering:
ā¢ Improved retention
ā¢ Low rates of absence due to sickness
ā¢ Reduced recruitment costs
ā¢ Improved customer relationships (Nationwide and Wetherspoonās particularly) by reflecting customer base
ā¢ Strong work ethic
ā¢ An ability to manage and cope with stress
ā¢ Reduced turnover (Wetherspoonās report half that of the industry average).
It also includes interviews and profiles of
a number of workers who have retrained post-50 and sometimes post-65, which highlights the social benefits of recareering and the ease with which organisations can recoup any investment. We have included
three such stories below.
Lorna at Hendra House,
a small care home
Lorna obtained part-time employment
as a care assistant at Hendra House in
June 2010 at the age of 59. Building on
her experience she became an apprentice and with the support of her colleagues
sailed through the learning to achieve an NVQ qualification, despite initially feeling anxious about the Maths and English requirements. As a result of the new skills
and knowledge she has gained, Lorna feels she has been given a new lease of life and
a renewed sense of self-worth. In addition
she recognises that she is also able to
provide the residents with an even better quality of life.
14. 14
Barbara at Nationwide
Barbara Payne, aged 70, is a Senior Customer
Service Advisor. She was recruited at the
age of 50, initially in the mortgage services
department before transferring to her current
department. At the age of 65 she felt it was
time to reduce her hours and her request to
do so was accepted so that she now works
three days a week.
Barbara explains that the Nationwide
approach is a win-win for both them and
her. āAt the age of 60 I had accumulated
a wealth of experience and being able to
continue working meant that Nationwide
did not need to train someone new. At the
same time for me, still being employed
means I have an income and it keeps me
happy and healthy.ā
With regard to being performance-managed
at her age, she states: āWhy should a person
over 60 be dealt with any differently from
other employees?ā She goes on to say that
having her performance regularly reviewed
gives her the assurance to know that she is
meeting the goals set for her and that she
is still being productive.
Brian at McDonalds
Brian Holden, 82 is a Customer Care
Assistant at McDonaldās. After taking
voluntary redundancy in 1992 at the age
of 63, Brian contemplated early retirement.
However, believing he still had lots to offer
a prospective employer, Brian opted instead
to take on a part-time role at his local
McDonaldās. Having worked with young
people for many years as a lab technician
at a local college, Brian relishes the young
and vibrant atmosphere at McDonaldās.
In his role as customer care assistant,
Brian oversees the dining area and loves
the constant interaction with customers.
āIāve had plenty of experience of dealing
with young people in my previous job, so
I feel I can relate well to all our customers,
no matter what their age. Obviously, Iām
quite a bit older than everyone else who
works in the restaurant, but we all get
on really well. Itās fair to say, throughout
my time at McDonaldās there has always
been a fantastic team spirit. With 18 yearsā
McDonaldās experience under my belt and
a whole lot more life and work experience,
I like to think Iām something of an example
to some of the younger staff. After all, Iāve
seen quite a lot of life, so itās great to be
able to call on that experience to help out
my colleagues.ā
It is clear that some organisations do embrace recareering and benefit from it. Well known
examples being McDonalds, Wetherspoonās and BT (who have also removed the age
restrictions from their apprenticeship scheme).
Another good example is Red Magazineās āgrown up internshipsā. It offers internships with
a number of individuals and brands such as Rachel Reeves MP, Mywardrobe and Red ā
but the focus is on those outside normal internship ages.
15. 15
To find out more
If you would like to find out more about the sources used in this paper or for further
recommended reading, please contact Graeme Wright on 020 7022 4069 or email
Graeme.Wright@havaspeople.com
What needs to be done?
So if recareering is such a good idea what
more should be done to encourage its
implementation?
Normalisation
Our end goal needs to be changing
mind-sets into believing that recareering
is a normal, expected element of any
organisationās recruitment strategy; and
so that itās a normal career consideration
for anyone of any age.
For this to happen, we need to confront
the obstacles we have identified head-on:
ā¢ Shout louder about business benefits
ā¢ Look to government to incentivise later
yearsā apprenticeships and internships
ā¢ Encourage recareerers to share more
of their success stories and routes to
implementation
ā¢ Deal with supply side issues via case
studies, highlighting long-term benefits
and practical help
ā¢ Challenge misconceptions and ageism
ā¢ Joint initiatives ā organisations in the
same industry working together to
create sympathetic environments
ā¢ Make sure recruitment is ageless; not
by banning terminology supposedly
associated with youth such as dynamic
(I know plenty of over-50s who are
dynamic in every sense of the word),
but by introducing recruitment processes
that create a level playing field. For example,
focusing on skills and potential as opposed
to qualification or job titles.
Celebrate diversity
As is the case with other aspects of diversity,
recareering isnāt about doing good for its
own self. Itās about creating an environment
where business and society flourishes by
helping people make the most of their
potential. This is the key message that needs
to be promoted ā everyone gains when
recareering goes mainstream.