Posts Tagged “jobs for over 50”

‘Since we’ve existed, we’ve valued having a diverse workforce and that’s included older workers,’ says CPO

Bunnings sees benefits of valuing older workers

The Ministry of Social Development (MSD) recently launched an initiative to connect older workers with employers. The pickyourpath.nz website is seen not only as an opportunity for the semi-retired who might be looking to mix short-term employment with retirement and regional travel, but also for organisations looking to recruit older workers.

One company that already knows the benefits of employing older workers is Bunnings.

“Since we’ve existed, we’ve valued having a diverse workforce and that’s included older workers,” says Damian Zahra, chief people officer at Bunnings.

“We’ve known for a really long time that our older team members play a really important part in creating a great place to work. They bring so much life experience, industry knowledge and trade experience – and our customers tell us regularly that they love that.”

Older workers make great mentors

Mature workers sharing their knowledge and wisdom doesn’t only benefit customers, adds Zahra.

“It’s terrific for our organisational culture and they actually become great mentors for a lot of our younger team as well.”

The ages of staff at Bunnings range from just 15 to some in their late 80s and even one person who’s 91.“For a lot of our older team members, while many have joined up post another career, a lot have been with us for their whole working life,” he says.

On average, roughly a third of Bunnings’ store team members are more than 50 years old while about 14% are aged over 60.

It wasn’t that Bunnings specifically set out to employ older workers when establishing its first warehouse branch nearly 30 years ago, says Zahra.

“An important part of our strategy for a long time has been to reflect the communities we operate in – that’s in our DNA. Part of that is embracing the wisdom that older team members bring.”

Multigenerational team helps business grow

Without doubt, this openness to older workers has helped the business grow, says Zahra. Not only are there benefits from the collegiality and insight a multigenerational team brings, but the mix of perspectives helps with innovating and decision-making, especially when helping customers solve problems.

“Reverse mentoring is actually very important, too,” he says, with many younger team members able to help seniors with aspects such as technology. “For a lot of our younger team, it’s their first job, so having the calmness of someone who’s got more life experience is really valuable. Our customers love it.”

Two years ago, the organisation introduced a Retiring Well programme that provides employees with support and information on transitioning into retirement. It allows them to plan ahead and provides advice on how they can enjoy financial, emotional and physical wellbeing in retirement.

“We also work closely with our team members to implement a tailored pathway to their retirement, which can allow them to reduce their hours over time to support a gradual transition,” says Zahra.

Some opt to change departments, for instance, to avoid heavy lifting, or for some it might mean a reduction in work hours or days over a period of time.

Workplace flexibility and older workers

One of the other benefits offered — which is well received by those of more senior years, as well as younger members — is the Travelling Team Member policy.

Not many people know about this outside of Bunnings but because we are lucky enough to have a network of stores across Australia and New Zealand, team members are able to work at different locations instead, so they have the flexibility not just based on hours, but also on location,” he says.

One older couple, who’ve been Travelling Team members for seven years, has been touring Australia with a caravan and worked at over 20 Bunnings stores.

“Workplace flexibility is something our team tells us they value enormously, regardless of which stage of life they’re at,” says Zahra.

“For a younger team member, it might be because they’re studying, or maybe those who have family commitments require flexibility. And we also find the same value for older team members who need flexibility to do things that are really important to them.”

More flexible approach to recruitment and training

The organisation’s flexibility extends to recruitment too – with written applications just as welcome from those who prefer to avoid tech – as well as the company’s approach to training, which also supports all ages.

Older team members value training as much as younger team members do too,” says Zahra.

“We like to think we create a place where everyone feels like they can be themselves and a really important part of that is that all of our team members, younger and older, can feel like their contributing to our high performing culture.”

Source: hcamag.com

Harold, who is the store’s oldest team member, started working at the Canberra airport store when he was 87.

In celebration of his recent 91st birthday, the Bunnings team have shared a bit about his inspiring life story.

“Harold started his career at 16 years of age as a fitting and machinery apprentice, went on to become a mechanical engineer by trade and has worked across a wide range of industries during his career – such as sales, operations, maintenance and industry safety,” a post on the Bunnings LinkedIn page read.

At 91, Harold is Bunnings’ oldest staff member. Picture: Bunnings/LinkedIn

At 91, Harold is Bunnings’ oldest staff member. Picture: Bunnings/LinkedIn

Harold now mainly works at either the tool shop register or one of the front registers.Sign up

The 91-year-old believes the best thing about working at Bunnings is his team, saying he always appreciates how they regularly check-in with him to see how he is going.

“His favourite Bunnings memory is having over 400 team members acknowledge his birthday on Bunnings’ internal social network, and was blown away by the response and the well-wishes,” the post read.

The team at the Canberra Airport store all love Harold’s “humble nature” and “go-getter energy”, adding he is always ready to contribute to projects and tasks.

Harold also offered some advice to those considering rejoining the workforce later in life, saying his view is that you are “never to old” to work.

“He joined Bunnings when he was 87 and believes that age should never be a barrier, as you should focus on your strengths and capabilities,” the post read.

“Harold also adds that many customers, as well as his team, appreciate the experience and knowledge of older team members.”

Harold started working at Bunnings when he was 87. Picture: NCA NewsWire / David Mariuz

Harold started working at Bunnings when he was 87. Picture: NCA NewsWire / David Mariuz

Earlier this year, Bunnings claimed the award for Australia’s strongest brand after the chain saw an influx of customers keen to work on DIY renovation and gardening projects during Covid lockdowns.

Woolworths and Officeworks were awarded second and third place for strongest brands in a new report from Brand Finance Australia.

Its rankings are based on analysis of company’s marketing investment, familiarity, loyalty, staff satisfaction and corporate reputation.

The hardware giant was recognised for its outstanding public perception in terms of quality, innovation, value for money, loyalty and customer service.

Bunnings managing director Mike Schneider credited the team for providing friendly and helpful service every day, despite difficult circumstances.

“Even during a really challenging period for all Australians, the resilience, care and support our team have demonstrated is testament to the importance of creating a people-first culture, and why our team remains the heart of the Bunnings brand,” he said.

Source:News.com.au

Senior Advisor Bequest

RMIT’s latest mature aged graduates are today celebrating the value of lifelong learning as they receive qualifications to work in the aged care and disability services sector.

The 31 graduates aged in their 50s, 60s and 70s were the first cohort to complete the Certificate III in Individual Support (Ageing and Disability).

The 12-month course was developed to support unemployed mature workers over the age of 50 through accredited training and job placement in the aged care and disability services sector.

It’s one initiative as part of the Reach, Train and Employ Project led by the Council on the Ageing (COTA) Victoria in partnership with RMIT and Good Shepherd Australia and New Zealand.

RMIT’s Future Social Service Institute (FSSI) Director, Micaela Cronin, said the course aimed to increase employment opportunities for older Australians in a vital sector, supporting older people and those with disabilities in the community.

“Opening doors and creating effective pathways for those in our community who face barriers to training and employment is vital to growing a diverse and highly skilled social service sector and is a core part of the work that we do,”  she said.

news-Micaela-CroninRMIT’s Future Social Service Institute Director, Micaela Cronin says opening doors to training and employment in the social services sector is vital.

Graduate Sharyn Ciberlin, 53, has now found work as a personal carer, after being in and out of work since 2018.

After an initial career as a chef, that included working for the military and various hospitality venues, Sharyn had more recently been working at a school supporting teachers in the classroom and teaching kids to cook.

However she said it was doing voluntary work for Melton Council taking elderly to their appointments and then supporting a friend who had a stroke that made her realise she also had a flair and passion for personal care and supporting others in the community.

“This course and new career feels like a wonderful fit for me. The people I support, they value and appreciate me and I love to support them, especially as my life experience and knowledge adds to my contribution to the aged,” she said.

“Also being over 50, and having worked as a chef in the past, I was looking for a job that was less strenuous physically and one that suited my skills and qualities including compassion and empathy for others.”

Sharyn emphasised the importance of choices and opportunities to re-educate yourself as people get older.

“This program is really clever as it’s addressing two issues in our community: employing older workers and focusing on supporting members in our community including the aged and people with a disability,” she said.

“You do hear about homeless levels for people over 50 or that we can be slotted into the ‘too old’ category for some roles.

“It can be especially challenging for our generation of women who have had to care for our family, elderly and young and may have had time out of our careers to do this.

“It’s so important to keep ourselves re-educated and to fit in with the current work needs, especially if we’ve had to step out of work for a time.

Graduate Sharyn Cyberlin has embraced the opportunity to retrain and begin a new career in her 50s.Graduate Sharyn Cyberlin has embraced the opportunity to retrain and begin a new career in her 50s.

For Sharyn, learning new digital skills throughout the course was something she wholeheartedly embraced too, as COVID restrictions meant it was taught mostly online.

“I absolutely loved learning, including the technology aspects, and I enjoyed helping others in the course who weren’t so confident in learning the new skills or grasping the technology needed to complete the program,” she said.

And she is quick to point out the merits of education opportunities for all.

“My biggest passion is choice. I think everyone should have a choice about the paths they can take,” she said.

“It doesn’t matter where you are or what stage of life you’re in, people need to have their choices valued and heard.”

Having already secured casual work with two home service agencies, Sharyn is now looking forward to finding permanent work and using her skills to support others now she’s graduated.

“I always tell my clients, ‘I’m here to help and I am here for you’ and I like to ask them, ‘How can I help you?’ Even if it’s just to be a listening ear sometimes, I know this work is valuable.”

COTA Victoria CEO, Tina Hogarth-Clarke, said the inaugural program was a great success with graduates now working closely with COTA Victoria to look at job opportunities.

“The Victorian Aged and Disability sector is in desperate need of quality candidates and we have a group of very enthusiastic graduates who are ideal for these positions. It is a great outcome all round.”

The program was supported by the Try, Test and Learn Fund – an initiative of the Australian Government Department of Social Services.

Story: Kate Milkins

The Big Victorian Harvest needs workers of all ages and skillsets. Jobs include fruit picking, packing, grains receival and heavy vehicle driving.

Most jobs required skills that can be learned on the job. Some jobs require training, skills or licences – like driving, for example. Check what’s needed before you apply.

The work is rewarding but it can be physically demanding. Some jobs may require heavy lifting, bending, climbing ladders and operating machinery. Work is often outdoors and exposed to the elements.

There are thousands of short-term jobs ripe for the picking in paddocks and packing sheds in Sunraysia, the Goulburn Valley, the Yarra Valley and Gippsland.

Take on the Big Victorian Harvest and help our farmers while you earn money.

Ready to apply? Head to Working for Victoria, the government’s online job-matching platform to register for jobs and training.

Sign-on bonus and extra benefits

The Big Victorian Harvest needs workers of all ages and skillsets. Jobs include fruit picking, packing, grains receival and heavy vehicle driving.

Most jobs required skills that can be learned on the job. Some jobs require training, skills or licences – like driving, for example. Check what’s needed before you apply.

The work is rewarding but it can be physically demanding. Some jobs may require heavy lifting, bending, climbing ladders and operating machinery. Work is often outdoors and exposed to the elements.

Seasonal Harvest Sign-on Bonus

Jobseekers who take up a seasonal harvest job on a Victorian farm on or after Wednesday 17 February 2021 can apply for a Seasonal Harvest Sign-on Bonus.

The bonus is aimed at attracting new workers to agriculture and giving farmers the workforce certainty they need this harvest season.

The bonus means you could earn up to $2,430 on top of your wages for eight weeks of work. The bonus is paid in two instalments:

  • $810, after 10 days of work within a 30-day period
  • $1,620, after an additional six weeks’ work within a 90-day period.

To be eligible for the bonus you must:

  • be 18 years or older and have work rights in Australia
  • not have worked in the agriculture sector in Victoria in the past three months
  • complete at least 10 days’ seasonal harvest work on a Victorian horticulture farm within a 30 day period to receive the $810 payment
  • complete at least another 30 days’ seasonal harvest work on a Victorian horticulture farm within a 90 day period to receive the $1,620 payment
  • not be employed under the Pacific Labour Scheme or Seasonal Worker Programme
  • provide evidence of employment in the Victorian horticulture industry and that you have met the work eligibility requirements.

The work does not need to be undertaken with only one employer, but it does need to be on a Victorian horticulture farm.

How to apply

Workers are not required to register for the bonus until after the initial 10-day work eligibility period has been completed.

Once you have completed your 10 days’ work, you will be able to apply for the bonus on this webpage, through our online portal.

Further details about how to apply will be provided here soon.

Extra benefits

The Victorian and Commonwealth Government are offering incentives for people to work in agriculture.

Relocation rebate

If you move to work on the Big Victorian Harvest, you may be eligible for relocation assistance from the Commonwealth Government.

Australian jobseekers may be eligible to claim up to $6,000 of reimbursements, while up to $2,000 is available to international jobseekers.

To be eligible, you must:

  • be at least 18 years old
  • relocate within Australia to a regional, remote or Harvest Area
  • take up a short-term agricultural work through a Harvest Trail Services provider
  • work for at least six weeks and 120 hours in agricultural work.

Find out more about relocation rebate and the eligibility criteria on the Harvest Trail Services website.

If you take on the Big Victorian Harvest, you may be eligible for:

  • Greater access to Youth Allowance or ABSTUDY. Earn $15,000 in agriculture between 30 November 2020 and 31 December 2021 to be considered independent.
  • Free Victorian Government-funded training programs to get you ready for work in agriculture.

Eligibility to work

You can work in a harvest job if you:

  • are an Australian citizen or permanent resident
  • are an eligible working holiday maker holding a visa with appropriate working rights
  • are an overseas student with working rights in Australia
  • hold a Seasonal Worker Program or Pacific Labour Scheme visa
  • hold a temporary work visa with general work rights, not restricted to an employer or type of work.

Who is going to hire a woman in her 50s?

It’s a question Tracey Ward has been asking herself a lot lately.

The 56-year-old is a self-employed life coach for women, but has seen her income dry up due to the pandemic.

She’s surviving off JobKeeper payments, but when the subsidy is scrapped in March, Ms Ward is afraid she will “really struggle”.

She knows she could get some sort of work – “there are organisations like Bunnings who hire people of all ages”, she said – but she wants something different for herself and fears the lack of attention from the federal government on her age group could signal the end of her career.

While the government has focused on the high levels of youth unemployment borne out of the pandemic, middle-aged, mid-career workers say they have been forgotten.

The unemployment rate for Australians aged over 40 was 3.8 per cent in January 2020 and grew to 5.2 per cent in July before recovering slightly to 4.7 per cent by October.

Some of those stuck unemployed say they are dumbing down their resumes to appear less threatening to potential new employers; others, like Ms Ward, wish funding could be funnelled into upskilling rather than hiring incentives based on age.

‘If you’re 40-plus and a woman you just don’t get a new job’

A woman in a red cap and sunglasses leans on a wooden railing over the sea.
Sheena Gulati has been told she’s too qualified for the jobs she applies for.(Supplied)

Sheena Gulati was told many times in 2020 that she was “overqualified” for a role.

The 43-year-old lives in Sydney with her husband and two children.

Before the pandemic hit, she was working as a part-time contractor in accounting and finance.

Of all the reasons to be rejected from a job, being “too experienced” wasn’t something she expected to hear.

“They want someone who is young because I think they think overqualified people will ask more questions and tell them how to do things better,” Ms Gulati said.

She suspects her qualifications have little to do with it.

“It’s your age they’re talking about,” she said.

Ms Gulati felt the competition within the jobs market ramp up, and said she is surrounded by friends and family in their 40s who are struggling to secure work.

It’s become so tough she’s considering a career change.

“I have been thinking about it, but it would be a fresh start. It’s scary. I have been in this line of work for a really long time, my qualifications are in this so it will be hard starting afresh,” she said.

“If you’re 40-plus and a woman you just don’t get a new job.”

Her mortgage, other household bills and the expense of raising two children is beginning to bite and Ms Gulati says she’s frustrated the government appeared to forget about middle-aged Australians.

“Why does the government want to give more benefits to elderly people over 65 but not us? What do you do between 35 and 50? Where do you go? What do you want us to do?

“I think it’s unjust – your partiality is based on age. Why? I have no idea.”

Need a job? Learn to ask

A woman sits at a table smiling into the camera.
Career practitioner Lois Keay-Smith says mature-aged workers can’t rely on what worked for them the first time around.(Supplied)

Career practitioner Lois Keay-Smith has been coaching people looking for a new job for years, and primarily helps people aged 30 to 60.

She said, surprisingly, the pandemic appeared to be the last straw for people looking for a career change.

“It’s highlighted aspects of their work they don’t like. It’s given people some freedom to say, ‘I wasn’t happy anyway and with all these changes I want to go and do what I want to do’,” she said.

Ms Keay-Smith said older workers “definitely” faced challenges, like adapting to a new work environment where competition for jobs was high.

“I find some mature work-seekers fall back on what worked for them last time, but it doesn’t work because there are so many more eyeballs on job ads,” she said.

“But an advantage they have is they have good networks; they’ve been in the workforce and often the work I do is help them activate that network.”

Ms Keay-Smith says one of the best pieces of advice she has is: learn to ask.

“I call it the rise of the returnee – going back to a company you used to work for by tapping into those colleagues you used to work with before,” she said.

“There used to be a stigma around that – you never go back – but that’s changed and both of these things around people are more accepting that things change in organisations quite rapidly.”

Ms Keay-Smith also says she’s heard the ‘overqualified’ response quite a lot when it comes to mature workers.

“[The company’s] main concern is that you are using the job as an entry point,” she said.

“They feel you are not going to stay because it’s not fulfilling and you might get bored.”

Her advice for people who do want to scale down their role is to be honest.

“If you know you are going to get the overqualified response, you do have to address the elephant in the room and say why you are attracted to this role.

“It’s about positioning yourself as a stayer or someone who can contribute a lot in a short space of time.”

Ms Keay-Smith’s top career advice is:

  • Use your networks.
  • Get comfortable being on camera. Practise interviews on Zoom with a friend.
  • Don’t be afraid to go back to a company you used to work for.
  • Get up to speed with the latest interview techniques.

Older workers want to upskill

Hands are seen on the keyboard of a laptop.
Tracey Ward doesn’t want a handout, she wants to learn new skills to improve her business.(Unsplash: Thomas Lefebvre)

While Ms Ward believes an incentive to hire young people is great, she says helping people who are mid-career would have a greater benefit overall.

“Younger people have time to try things and fail and learn from it, but it becomes more scary when you’re older and have a mortgage to pay and have no back-up plan,” she said.

“You’re very conscious of your superannuation for retirement.

“I am very proud to be a woman in my 50s, but I know women who don’t let their hair go grey because if their company finds out how old they are they go in the redundancy pile.”

Just like Ms Gulati, Ms Ward has heard employers say they don’t want to hire qualified, older workers because they are afraid they will “make waves”.

She has friends who have pared back their resumes after being told they are “too experienced” for a role.

“It’s desperate and very real for many especially women; grey-haired men are classed as distinguished and experienced whereas grey-haired women aren’t. We are not revered for our wisdom.”

Ms Ward doesn’t just want to be hired, she wants to upskill to remain relevant in the ever-digitising workplace.

“Everything is going online and into a digital space so fast and some older people are being left behind because there’s no time or money to reskill,” she said.

“I have just spent the past hour trying to work out how I record myself whilst I’m recording a presentation on the Mac, so there’s endless [challenges].”

Sometimes she laughs it off. Other times it’s overwhelming.

Ms Ward said an upskilling program where companies provide pro-bono work for older people to learn digital skills would go a long way, and be much more helpful than just being hired by a company because there’s a monetary incentive.

“I’m not talking about someone from Centrelink showing me how to do it for half an hour on video. I’m talking about someone who is at the head of their game getting a tax incentive to help me step up my business,” she said.

“And then I could employ people so it could be a win if other companies were encouraged to help people like me because I don’t have the funds to do it myself.

“I don’t want a free handbag. I want my business to be really successful. I’d happily be the pilot for it.”

Have you been rejected for a job because you are ‘too qualified’? Does the system discriminate against older Australians?

Older unemployed and underemployed workers struggling to find roles due to ageism in recruiting

Many older applicants report being rejected for jobs because of “Cultural Fit”

Answer this question: How easy is it for you to strike up a good conversation with your younger colleagues in the office kitchen?

It may seem like a strange question, but that’s a benchmark some companies are using to decide who to hire, one Sydney-based recruiter tells us, and the assumption is that older Australians won’t know what to say to their younger colleagues.

When PM spoke to 44-year-old John Allie last month his confidence had begun to take a hit because after more than 100 job applications, and 30 final round interviews, the feedback was always the same.

“You interviewed well, they really liked you, but they didn’t feel you were a cultural fit for the role,” Mr Allie said.

“I mean what does that even mean?”

Mr Allie feared it was a bit of a catch-all comment to imply he wouldn’t get along with his younger co-workers.

So, PM asked those involved in the hiring process if Mr Allie’s fears were well founded.

“The candidate you were talking about saying it’s used as a bit of a catch-all is true,” Mark Smith, the group managing director of recruitment firm people2people, said.

He shared his own example of a middle-aged candidate being passed over for not being the right cultural fit in a call centre.

“We had a more mature guy that went in for the job,” he said.

“That’s the way the client described it to us and that’s how we had to pass it onto him.”

In this example, the company went with a younger candidate.

“The reality is that they asked him how are you going to deal with this particularly stressful job with the inbound calls,” Mr Smith explained.

“He said, ‘well I would engage in some banter in the kitchen with my colleagues’.

“That’s when the [company] turned to us and said, ‘you know what, he’s probably not going to be able to engage in the banter in the kitchen with his colleagues because he really won’t have too much in common with them to talk about.

“So they went with another candidate who happened to be younger.”

Young favoured for tech-heavy roles

But it’s not just navigating office banter that’s tripping up older Australian job candidates, said Kathryn Macmillan, the managing director of 923 Recruitment.

Her team places white-collar workers in finance, administration, sales, marketing and technical roles, from entry level to senior management.

She told PM that, for many admin and tech-heavy roles, companies are actively preferencing younger candidates.

“Perfect example of that is Single Touch Payroll,” she said.

“People in accounts need to be able to navigate a huge amount of software: MyGov ID, Single Touch Payroll, and it’s really quite complex.

“So it’s that ability to be proficient in that technological use.”

PM asked Ms Macmillan if she was seeing a preference from companies for younger people to take on those roles as opposed to older people who perhaps aren’t “digital natives”.

“So for people who are older it’s very important that they address that perception.”

Figures from the partly government-funded Centre of Excellence in Population Ageing Research show 18 per cent of workers aged 55-64 believe their organisation discriminates on the basis of age in recruitment and selection.

This preference for younger candidates is starting to show up in the number of older Australians being forced onto government assistance programs.

Australians aged between 45 and 65 now make up about half of all unemployment support recipients, with more than 330,000 on the welfare payment as of September last year.

‘Pick a footy team to follow’

Recruiter Mark Smith said there was definitely a need for older Australians to work on their job skills, but also called on the Government to establish workplace age diversity targets to combat the problem.

Age discrimination commissioner Kay Patterson told PM a large number of companies were breaching the law by discriminating on the basis of age.

PM asked Dr Patterson if the Government had any plans to set an age diversity target, at least for the public sector.

“I don’t know if setting targets is the way to go about it,” she said.

“My team here have been working on training programs for the NSW State Government to encourage their recruiters to look towards a multi-generational workforce and making sure there’s diversity — not only in terms of gender — but in terms of age as well.

“I think it’s about educating employers that they benefit from having a range of age groups.”

In the meantime, Mark Smith’s advice for underutilised or unemployed older Australians is to be specific when asking for feedback from recruiters.

“Ask the recruiter ‘what particular competencies was I lacking?'” he said.

“‘How would you describe the culture?’ and get them to describe it back to him.”

Oh, and pick a footy team to follow … seriously.

“What that means is that if you’re going to work in an environment where you’ve got a lot of people who are interested in AFL, if you’ve moved to Melbourne, you’ve got to pick up a team.”

source: ABC

Older Australians struggling to make ends meet or looking to boost their quality of life are flooding the national jobs market in record numbers but many are finding their skills and experience unwanted by prospective employers.

Special research into the changing nature of the jobs market reveals people over the age of 65 are the single fastest growing age group securing work, up by 11 per cent over the past 12 months alone.

There is a record number of older Australians in the workforce but they have also seen a huge jump in unemployment for those seeking a job
There is a record number of older Australians in the workforce but they have also seen a huge jump in unemployment for those seeking a jobCREDIT:PETER BRAIG

At the same time, the general workforce has lifted by 3 per cent.

There are now a record 610,000 people 65 or older holding down part or full time work.

But despite the large increase, many older Australians are finding it very difficult to get work with a 39 per cent jump in the number of unemployed over 65s looking to tie down a full time job.

Unemployment across 65-year-olds looking for any type of work has jumped by almost 28 per cent. Across the general population it fell by a full percentage point over the past year.

West Australian workplace diversity expert Conrad Liveris said there were a range of issues that were seeing so many older Australians enter the workforce and then struggle to get the job they wanted.

Older Australians are facing a battle to get back into the workforce, says Conrad Liveris.
Older Australians are facing a battle to get back into the workforce, says Conrad Liveris.CREDIT:AFR

He said many were returning to work to maintain a decent quality of life, discovering they did not have enough cash stored away for retirement.

This was a generation that did not have compulsory superannuation through their entire working lives and women in particular are at risk of reaching their mid-60s without a large nest egg to see them through retirement.

Mr Liveris said there was also evidence of early retirees who have discovered they missed work and, with demand relatively strong across the jobs market, have gone back for employment

 “The 65-plus age group is caught between a transition to a new retirement system, a changing labour market and an economy which still values their skills,” he said.
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“And also, they’re not dying. Their health is pretty damn good. They are not going anywhere.”

The law is also keeping them in work longer. Last month the age at which a person can access the pension was increased to 66 from 65.5 years.

Older Australians aren’t just flooding into the workforce. They’re also taking on more than one job.

Separate figures from the Australian Bureau of Statistics show that between 2011-12 and 2016-17 the proportion of people holding down more than one job grew by 14 per cent.

But among those over the age of 60, the increase was 18 per cent.

Source: The Age

U.S. employers and policymakers can learn from Japan, Germany and Singapore

Have you ever heard the term “super-aged country?” I hadn’t until I read the just-released Gerontological Society of America (GSA) report, Longevity Economics: Leveraging the Advantages of an Aging Society. The term means that more than one in five people in a country is 65 or older. Japan and Germany are super-aged; by 2030, United Kingdom, France and Singapore will be. So will the United States, raising the question: Why aren’t U.S. employers and the U.S. government adapting policies so more Americans 65 and older can keep working if they’re healthy and interested?

Our businesses and policymakers, it turns out, might do well to follow the lead of super-aged Japan and Germany and soon-to-be super-aged Singapore, based on my reading of the report from GSA and Bank of America Merrill Lynch. The study about what the GSA calls “this longevity era” was produced by a workgroup chaired by Peter Cappelli, director of the Center for Human Resources at the Wharton School at the University of Pennsylvania.

American employers “haven’t done much of anything to reach out to older workers, let alone accommodate their interests and priorities,” Cappelli told me. “People have to work longer because we’re living longer. So how do we accommodate that?”

Below are a few ways the GSA report says Japan, Germany and Singapore have changed their workforce and governmental policies to keep and attract older workers. “The idea in all these places is to get employers to think about the way to deal with human capital needs,” Cappelli says. A word of warning — one way older people are able to keep working in these countries is by accepting pay cuts.

Japan

The number of employed people age 65 and older in Japan recently hit a record 8.07 million. They now comprise roughly 12 percent of Japan’s workforce, which is a record there, too. And three-quarters of Japanese people aged 60 to 64 are still working (by contrast, only 60 percent of Americans that age are).

One reason many Japanese workers now remain employed past the country’s traditional retirement age of 60 is that the eligibility age to receive a Social Security-like retirement pension from the government is rising. It’s now 62 and will hit 65 in 2025.

Another reason why more people are working longer in Japan: the Japanese government is now requiring companies to employ their workers through age 65 if they want to keep working. The catch is that the older workers must still “retire” at 60; then they return to work under a “continuous employment” policy at a much lower salary. Japanese salaries at age 61 are about one-fourth less than before the worker turned 60, the GSA report notes.

A public-private partnership called the Silver Center Workshops helps retirees find part-time jobs, too. There’s also a catch here, though: the jobs are low-paying — roughly $400 to $500 a month (in U.S. dollars) and in low-skilled areas like housekeeping, park maintenance and bike repair.

“It’s outplacement for older individuals,” says Cappelli. “In Japan, it’s now less about keeping people working at the same companies longer and more about trying to get them into alternate jobs and to do other kinds of things.”

Germany

Germany has also been incentivizing older residents to work longer by pushing back the federal retirement age — it was 65 in 2012 and will be 67 in 2029.

But the country has an intriguing program designed to let people continue working, as well. It’s called “Initiative 50 Plus” and provides training and lifelong learning to older people. Older workers who accept positions with lower salaries get a temporary subsidy for doing so.

“They’re trying to encourage individuals not to retire and to make it attractive to keep working,” says Cappelli.

Singapore

Singapore has been especially proactive towards older workers, but that’s because the country hasn’t had much choice. While only 7 percent of residents were over 65 in 1999, 20 percent will be that old by 2026. So Singapore’s leaders have developed a 70-item initiative to make the country what they call “a nation for all ages.”

Last year, legislation kicked in that “encourages older workers who want to stay employed to do so,” the GSA report says. In Singapore, employers must generally offer re-employment contracts to eligible employees at age 62 and the contracts must be renewable every year until 67. If a company can’t offer a position to an eligible employee, the report notes, it must transfer the obligation to another employer or offer a one-time assistance payment.

But if your company does want to keep you, “everything from the prior job is off the table,” says Cappelli. “Your prior job is finished, whether you were the CEO or an hourly worker. Your old pay doesn’t matter now. Your new rate of pay reflects your real productivity.”

Singapore is effectively telling its older workers, says Cappelli, “You want to keep working? OK, but you can’t just be the boss because you’re older.” And managers, Cappelli says, are being told to “manage these older workers in a different way and be respectful of their experience, but to hold them accountable.”

How well is it working? “The problem with Singapore is you never know,” says Cappelli. “They could tell you it’s working great and you never know for sure.”

Last month, what’s known as a tripartite standard from Singapore’s Tripartite Alliance for Fair and Progressive Employment Practices began encouraging age-inclusive workplace practices, benefiting employees 60 and older. So far, 160 employers have signed on.

Said Singapore’s Second Minister for Manpower, Josephine Teo: “The new standard will support older Singaporeans to work as long as they are willing and able to, in jobs that are safer and smarter in a work environment where they feel valued and where their needs are addressed.”

Marriott Tang Plaza Hotel Human Resources Director New Kheng Tiong, a fan of older workers, just hired Chua Ai Gek, 67, as a bar assistant there. “Mature workers tend to be a bit more loyal and punctual,” he told Channel News Asia.

The United States

The GSA report stopped short of making policy recommendations for the U.S. government or for employers. It did say, however, that Congress should look at the tax law to incentivize older workers to remain employed and that employers should implement “aging-friendly policies.”

The cloud hanging over all this here, of course, is age discrimination by employers. “We’re fighting some headwinds,” says Cappelli. “I don’t know that we’re making a ton of progress.”

He’s right. But that could change if employers and the U.S. government wise up, especially as America becomes super-aged. By 2035, for the first time, there will be more Americans who are 65 and older than ones who are under 18. As the GSA report says: “Demography is not destiny. The way people and countries respond to an aging society will determine the future.”

Here are what the Gerontological Society of America says are the “realities” of an aging society:

Source:nextavenue.org

May 31st, 2016

Just a few years ago, when unemployment hovered at 10%, employers had their pick of job candidates. Getting hired was tough. But now, with unemployment at 5%, it’s a candidates market.

That was just one piece of welcome news I heard last week while attending Indeed Interactive in Austin, Texas, an annual gathering of recruiting leaders and members of the media, eager to learn about the forces shaping the rapidly evolving labor market.

Since Indeed.com is the world’s No. 1 job site and the leading source of external online hires, it has a goldmine of job-related data. Combine that with Indeed’s proprietary research and you get a fascinating assessment of what’s happening in the job market and what you can likely expect in the near future.

2 Takeaways From a Global Labor Market Report

First, the big picture. At the conference, I picked up a copy of Indeed’s Labor Market Outlook 2016, which looked at 12 countries, and came away with two key takeaways: 1) There is a growing disparity between the highest and lowest wage earners due to the growing specialization of the labor force and 2) Tech jobs are hot and increasingly challenging to fill.

“Lots of jobs are disappearing as a result of technology and automation. Up to 50% of U.S. jobs may be at risk due to automation,” Tara Sinclair, Indeed’s chief economist, said at the conference. “But at the same time we see tons of jobs disappearing, millions more are appearing.” Two examples of emerging industries, according to Sinclair: fitness wearables and virtual learning. Along with tech, health care is the “massive elephant in the job creation space,” Sinclair noted.

Sinclair emphasized that job seekers need to adapt to the constantly changing landscape. That means they need to look for ways to apply their skills in fields other than the ones they’ve been in and be open to picking up new skills. She cited the growth of short-term coding schools as one way job hunters can quickly improve their marketability.

3 Bright Spots for 50+ Job Seekers and Workers

Sinclair urged the audience of recruiters to adapt as well. I found three of her recommendations to them especially encouraging for job seekers and workers who are 50+:

1. Offer more flexible work opportunities One way to attract and retain talented boomers, Sinclair said, is allowing them to work flexible hours (including part-time) and remotely. Interest in flexible work arrangements is on the rise. At Indeed, searches for them rose 42% from 2013 to 2015.

Incidentally, contrary to popular belief that part-time and remote jobs tend to be low paying, low skill work, over half of the top 50 keywords associated with searches for flexible work are related to high-skill jobs — many of them in the hard-to-fill tech and health care fields.

2. Consider job candidates without college degrees Sinclair admitted that as a college professor (she teaches at George Washington University), this was a tough recommendation to swallow. But she warned employers that it’s unlikely the pool of college-educated candidates will be large enough to fill job openings in the years ahead.

So if you’re looking for work but lack a college degree, you may soon have a better chance getting an employer’s interest.

3. Find ways to engage and retain older workers Referring to the coming “Baby Boomer Bomb” (aka “the brain drain” due to massive numbers of boomers who’ll retire), Sinclair told the audience: “You are facing a looming shortage of talent, particularly as the baby boomers retire. By 2020, workers age 55+ will likely account for 25% of the labor force. If you think of all those people leaving the work force, it’s likely to have all sorts of economic repercussions. But if you can find ways to engage the older workers and transfer their knowledge to the young, that’s how you can help increase the economic pie in new ways.”

Opinions expressed by Forbes Contributors are their own.
Nancy Collamer, Contributor

Source: Forbes

Australians approaching retirement age are braced for declining living standards under a system in which the rich have done better from superannuation rules, leaving the rest with insufficient savings or languishing on inadequate age pensions, a survey has found.

Many now back “root and branch” reform to address the problem, including calculating the family home in the age pension asset test and reducing the generous tax concessions for superannuation contributions by the well-off.

As the Turnbull government prepares to unveil its first budget, a survey of over 4000 Australians aged between 50 and 70 found this critical group of voters is profoundly nervous about the future, unconvinced about financial security and more inclined to reform than previously thought.

The online survey, conducted by the YourLifeChoices website, received 4004 responses to its 21-point questionnaire, conducted in the shadow of the politically pivotal 2016 federal budget to be tabled on May 3.

The results suggest the nation’s 5.5 million Baby Boomers are not the fixed conservative bloc that is sometimes assumed, and that worsening financial circumstances mean many would back policy options previously ruled out.

Among the findings is that 60 per cent of respondents either agreed or strongly agreed that a family home, if valued above $2.5 million, should not be excluded from the pension eligibility assets test.

“Perhaps the most surprising result in the survey, and contrary to expectation, is that the family home is no longer considered sacrosanct when it comes to the age pension assets test,” said publisher Kaye Fallick.

There is also support for changes to superannuation rules, suggesting super is not the political kryptonite it had been, as Boomers worry about the system’s financial sustainability and the need to protect fairness.

While many want a moratorium on changes, two-thirds of respondents believe reform of the superannuation system is required to wind back generous tax concessions, because they provide a disproportionate advantage to high income earners who are able to channel significant amounts of pre-tax income into their super accounts at a greatly discounted rate – thus costing the budget billions of dollars.

“Older Australians are not averse to change nor overly protective of all retirement assets and tax advantages, as much current ‘generational warfare’ hype might lead us to believe,” Ms Fallick said.

Sixty-seven per cent described changing the concessional rules on the accumulation phase of superannuation as something with which they either agreed or strongly agreed. Just 15 per cent classified the issue as not very important to them or not important at all.

The survey result suggests Labor is on to a winner with these voters with its policy of doubling from 15 per cent to 30 per cent the rate at which super contributions are taxed for those earning more than $250,000 a year. Currently the 30 per cent rate kicks in on contributions for those earning above $300,000.

Fairfax Media has reported that the government was considering going further than Labor in its pre-election budget by reducing the threshhold for the 30 per cent to $180,000, but that plan looks to have been dumped in favour of the $250,000 threshhold.

Underpinning the survey is a strong concern about the adequacy of the retirement system generally, with 82 per cent agreeing or strongly agreeing that the “root and branch” review is necessary.

By contrast, last year’s budget decision to continue pushing out the pension eligibility age from a projected 67 in 2023 to 70 by 2030 attracted strong opposition at 68 per cent.

But while Labor was onside with older voters on more heavily taxing super contributions for the well-off, its proposal to tax super earnings at a concessional rate for earnings above $75,000 in a year was not favoured – despite its negligible impact on all but the wealthiest superannuants.

Sixty-eight per cent disagreed or strongly disagreed with taxing earnings at all.

With negative gearing set to be centre stage in the election contest, respondents were locked at 41-41 on Labor’s policy of limiting the tax concession to apply solely to newly constructed homes.

Source: The Age