Posts Tagged “mature age workers”
Forget knitting and pie-baking – Aussie grandmas are going into business.
Australian women aged over 65 have been starting their own businesses at a rate higher than any other age group, with nantrepreneurs setting up 18,500 businesses in the past 10 years, according to the annual Bankwest Business Trends Report.
Over the past year, the number of over-65 female business owners jumped by 15.1 per cent, compared to one per cent growth by men in the same age bracket.
Bankwest business banking general manager Sinead Taylor said the figures showed older Australian women were looking for ways to boost their retirement incomes.
Over-65 women were primarily starting businesses in the `other services’ category, such as hairdressing, photography and gardening, she said.
“This trend can be attributed to a variety of factors like lifetime personal goals and people pursuing new interests,” Ms Taylor said.
“There’s also the impact of the global financial crisis on retirement nest eggs, forcing some retirees to supplement their superannuation by starting their own businesses.
“Age is certainly no barrier to entrepreneurialism.”
Overall, the number of Australians running their own business declined by four per cent in the year to May.
The only other age group to see an increase in business self-starters in the past year were the under-25s, with 2.5 per cent of workers in that age bracket owning their own business.
Ms Taylor said challenging economic conditions were driving entrepreneurs to seek the security of being an employee rather than an employer.
When it comes to CVs, less is more says Judy Higgins, co-founder of website Older Workers.
Applying for a job, if done properly, is a time consuming task. And, sending out generic applications en masse will risk your brand, your reputation and the likelihood that you’ll be seriously considered for a job.
Employers and HR staff can pick a generic application and cover letter very quickly and will disregard it just as quickly. Our employers tell us if the applicant hasn’t got the right attitude with their application, and is not prepared to put in an effort, then that will likely carry through to their work. On that basis they won’t consider that applicant.
The message from employers and HR staff is clear: take the time to tailor your CV and cover letter for the particular job you are applying for; and address the specifics in the job advert in terms of must have’ skills and experience. Also, if there is a name and contact number, give the person a call and talk to them about the job, so that you are very sure about the needs of the company and how you can show you are the best applicant.
I understand if you are with Centrelink there is a requirement to apply for a minimum number of jobs within a certain period of time, and in some instances this could lead to quantity over quality. But if you are serious about applying for specific jobs, then you must put in the time and effort to ensure you give yourself every opportunity to sell your skills. More is not better when it comes to applications, particularly in a buyer’s market which it is at the moment.
The importance of a tailored CV should never be underestimated. Jobseekers need to quickly realise their CV is the tool that will, or won’t, give them the opportunity to get face-to-face with the employer. Quality wins over quantity every time when it comes to job applications.