Posts Tagged “older workers jobs”

By my 40s, I hope to be very comfortably established in my career, ensconced in a warm blanket of experience that makes me more valuable than ever to my employer.

But here’s a terrifying truth: age discrimination can start affecting you from 45, according to Diversity Council Australia.

Stereotypes about being too rigid, slow or technologically unsavvy abound and, depending on the type of work you do, that can mean work starts to dry up, or you find yourself unable to bounce back after redundancy.

As for those over 50, nearly 30 per cent of respondents to a 2018 survey by the Australian Human Rights Commission said their organisation was reluctant or unwilling to hire anyone over that age.

So if you’re finding yourself edged out at work, you’re not alone.

Executive to unemployed

Tim Hessell was 48 when a company restructure made his role as an HR executive redundant. It took him two years to find another full-time position, despite having 25 years of experience under his belt.

That’s when things really started to unravel.

Finding a permanent position proved impossible, so he took on a series of contract positions.

“While that started out positively, over the years that whittled away until at some stage, in one year, I went for 60 different roles and was unsuccessful in all of them,” Tim says.

“[I had gone] from what once would be regarded as a successful career as an executive, to then being unemployable for whatever reason.”

No-one ever told Tim he was too old to hire. Recruiters were more likely to say, “‘You’re over qualified’ or ‘You’re not the right fit’ or ‘We think it’s better we give this role to someone who can grow through it, rather than yourself’.”

It was a demoralising experience, leaving him anguished and confused. He wondered whether there was something wrong with him.

“Then I looked at other colleagues in similar industries who were [having a] similar sort of experience.” He realised wider factors were at play.

He decided to tackle the problem from another angle: going back to university to do a PhD on the causes of ageism in the workplace.

But not everyone has to take such drastic measures. Here are some first steps to consider, as well as advice on activating Plan B.

Laws around age discrimination

The first thing to know is that age discrimination in Australia is “absolutely illegal”, says Robert Tickner, co-chair of the EveryAge Counts campaign and former Labor Party cabinet minister.

“Every state and territory, plus the national parliament, has outlawed age discrimination,” he says.

“So if people do think they’ve got some clear evidence of discrimination, they may wish to talk to the Human Rights Commission.”

The Commission’s Australia-wide information line is 1300 656 419.

However, complaints can be hard to test, says Age Discrimination Commissioner Kay Patterson.

She shares examples of two cases that were successful:

  • A 56-year-old who stopped getting casual shifts as a kitchen hand. He was told a younger person was replacing him to cope with the busy Christmas period. He received approximately $1,800 in lieu of four weeks’ notice.
  • A 75-year-old who was falsely accused of breaching work safety rules and had his hours cut, after the HR manager found out his age. He was awarded around $4,500.

With all of us bound to age (if we’re lucky), Dr Patterson has this warning for employers: “The climate you set will be the climate you inherit.”

CV and skills check

While the onus is very much on employers to change their attitudes towards older workers, there are a few things you can do to bias-proof your CV.

“You don’t have to put in your date of birth, and you don’t have to put your entire employment history [on your CV],” Mr Tickner says.

“You can skilfully craft a resume that highlights your skills rather than all the jobs you’ve had.”

For the jobs you do list, perhaps stick to more recent roles.

If you’ve had the same role for several decades and now find yourself out of work, consider refreshing your skills.

That could mean doing a TAFE course, or online courses — anything “so you project that your skills remain relevant today,” Tim says.

Also think about how you can demonstrate the depth of your knowledge and experience.

“Older workers sometimes take a lot of what they’ve done for granted,” Tim says. “They never realise quite what they know and the insights they can bring to bear.”

So consider how to convey that — “Not in a way that positions you as, ‘Back in the old days, this is how we did it’, but in a way that people say, ‘Oh, I never thought about it that way.'”

Look after yourself

Being unemployed is stressful at any age, but there’s evidence that older workers experience longer periods of unemployment between jobs. Think of Tim’s two-year stint looking for work after he was made redundant the first time.

“The stress of being unemployed, of worrying, can lead to mental health issues and depression and the like,” but keeping fit and active can help you cope, he says.

“You don’t have to be an Arnold Schwarzenegger, or go to the gym seven days a week. Just looking after yourself will be important.”

Mr Tickner also went through a two-year period of searching for work, during which he became “desperately unhappy and lost a lot of self-esteem”.

In addition to regular exercise, he credits the support of close family and friends for keeping him going.

“It’s important people talk to their friends if they’re having tough times. If there’s a need to seek professional help, then do that.” Feeling down is perfectly normal, he adds.

Consider a Plan B

If you’re still struggling, it might be time to think about a backup option — though that may be challenging at first.

“My thoughts being a baby boomer were that life was going to be fairly linear and sequential. You went to school, got a job, worked, then retired. Life teaches you that’s not always the case,” Tim says.

“I’d say, don’t define yourself by the work that you’ve always done. What are the other things that interest you? What are the things that are going to give you some sense of meaning as a person?”

Tim says broadening your sense of identity will help you avoid losing confidence and becoming angry.

“That’s what led me to a PhD.”

Construction worker hammers a nail
Sometimes a plan B is necessary as you age.(Pexels)

There are options for people in manual work too.

“A number of ex-trades people have ended up in retail,” Mr Tickner says.

“For example, there are a lot of older people who work at Bunnings. They have transferable skills gained over a life time in a particular trade or industry, and now they’re using those to help people gain expertise in the shop.”

For anyone reinventing themselves, Mr Tickner has these words of encouragement:

“Take heart and give it a go, because you might be surprised by the richness of life experiences that might unfold for you.”

Coming full circle

Tim sees the irony of being a former HR executive who was edged out of work because of ageist recruiting practises.

Working on his PhD made him realise that he was unwittingly part of the problem he’s now inherited.

“I thought I had been quite innovative [during my time in HR]. What I realised I did was recruited lots of young people, lots of women, lots of people of different ethnic background — but I didn’t recruit many older people.”

Was he ageist himself?

“I was. I didn’t realise it, but I was.”

Part of the problem, he says, is that “sometimes when you’re young, you never realise you’ll get old”.

He’s hopeful his PhD will now put him in a better position to consult organisations on their recruitment strategies.

Source:ABC

Older Australians could be the beneficiaries of a plan to address a shortage of workers.

Federal opposition leader Peter Dutton has called on the government to double the amount that age pensioners can earn before their pension payments are affected.

Speaking with reporters, Mr Dutton said that lifting the Work Bonus amount at which pensioners begin to lose benefits from $300 to $600 could help alleviate the labour shortage facing businesses.

Currently, those receiving the Age Pension can earn up to $180 per fortnight for singles, and up to $320 per fortnight for couples, on top of the Work Bonus amount, before their pension payments are reduced.

“This is about those who want to work and do an extra day or two … and for it not to affect their pension,” Mr Dutton said.

“I really think it’s a policy that the Albanese government should pick up because the economy demands it now.”

Read: Retail body pressures government on Age Pension work rules

Mr Dutton said Treasury had costed the plan at around $112 million annually, and it would be reviewed each year if implemented.

In a rare show of potential bipartisanship, new Treasurer Jim Chalmers told the ABC’s Insiders program that his government was open to the idea of easing the rules, but he had concerns about the cost of the program.

“When it comes to this issue, I’ve had good, productive conversations with National Seniors and others about whether or not we can do something here,” he said.

“The truth is, in a budget which has got that trillion dollars in debt, we’ve got to weigh up all of these ideas and work out where we can get the best bang for buck.

“Because even an idea like this, which appears to be relatively modest, it still comes with a relatively hefty price tag.”

Mr Chalmers said the idea would be on the agenda at Labor’s ‘jobs summit’, set to be held sometime before the October Budget.

Business groups applaud the plan. Innes Willox, chief executive of national employer association the Ai Group, says encouraging older Australians back to work will bring decades of experience back to the economy.

“Tens of thousands of Australians now receiving a pension can potentially make a huge contribution to the workforce with their skills, experience and mentoring,” he says.

“Our policy settings need to move with the times and allowing older Australians to work more is one way of easing the labour pressures on business.”

Employers may say they support older workers returning to work, but are businesses willing to hire them?

EveryAGE Counts campaign director Dr Marlene Krasovitsky welcomes initiatives to break down structural barriers to older people working, but says we also need to break down attitudinal barriers given the prevalence of ageism among employers.

“Recent research by the Australian HR Institute revealed 47 per cent of Australian businesses say they are reluctant to recruit workers ‘over a certain age’,” says Dr Krasovitsky.

“For more than two-thirds of the group admitting to ageism, that ‘certain age’ was over 50. So the chances of an over-65 getting a fair go in a job interview is extremely slight.

“If we want to harness the unquestionable value of over-65s in the workforce, we need to look ageism squarely in the face, admit that it’s a problem, and work hard to break it down.

Source: yourlifechoices.com.au

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

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?

Government’s controversial JobMaker legislation passes, putting older workers at risk.

The Morrison government’s controversial JobMaker legislation has passed the Senate without the amendments designed to add protection for older workers after One Nation backflipped on its decision to block the unamended scheme.

On Tuesday we reported that independent senators Rex Patrick and Pauline Hanson had announced that they wouldn’t support the bill, which opened the door for Labor and the Greens to pass amendments that added in protection for older workers.

The JobMaker hiring credit scheme, which was announced in last month’s Budget, aims to provide employees with a financial incentive to hire younger workers, but experts are concerned that it will lead to businesses firing more mature and experienced staff in a bid to reduce expenses.

The program gives employers $200 a week for employing a jobless person under 30 and $100 for hiring those aged 30 to 35.

The Greens also proposed amendments that would ban companies that have underpaid their staff accessing the scheme and prevent companies sacking staff and claiming the credit.

The amendments were rejected in the House of Representatives and sent back to the Senate, where One Nation supported the legislation passing without amendment.

Greens senator Mehreen Faruqi accused One Nation of throwing older workers under a bus by passing the legislation without the protection amendments.

“There is nothing in this bill stopping employers from firing their staff or from reducing their hours,” Ms Faruqi said.

“Not only can they fire their staff and reduce their hours but those workers have no avenue to complain or to have a dispute resolution process. That’s what One Nation are voting for.

“They are throwing all workers – young, old or otherwise – under the bus.

“I hope that they will face the consequences of this decision. But, unfortunately, it will be too late for the workers that they have thrown under the bus.”

One Nation senator Malcolm Roberts told Parliament the party had changed its mind on the legislation after being presented with new data on unemployment rates between younger and older generations.

“When we get new data, we have the courage and the integrity to change our mind,” Mr Roberts said.

“The second figure is that the Australian unemployment rate for people older than 35 is 4 per cent. I know damn well that people around Australia who are over 35 years of age will recognise those figures, because they care about younger people, not just themselves.”

Labor senator Katy Gallagher questioned the government’s motivation for not wanting to add protections to its JobMaker hiring credits scheme.

“The fact that the government has refused to accept the amendments and is asking the Senate to not insist on them without an explanation really begs the question: why is the government opposed to amendments that stop employers from being able to sack existing workers?” Ms Gallagher asked.

“There was no engagement, no explanation, no justification for why relatively minor but important amendments could not be agreed to.

“This hiring credit scheme may do some good for young workers, and that is why we have supported the scheme, albeit with concerns. Those concerns go to issues like job security, the fact that the scheme is pretty modest and the fact that government has no answer for what it will do for unemployed workers over the age of 35.”

Do you support the JobMaker hiring credits scheme for younger workers? Do you think there should be protections to ensure older workers are not sacked to hire younger workers at a cheaper rate?

 

Source: Yourlifechoices.com.au

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

People are living longer, and organizations are shifting their attitudes toward older workers as a result. Organizations that can turn advancing worker age into an asset could gain a competitive advantage.

Longer lives, older workforces

Rising life expectancies and an aging global workforce present organizations with unprecedented challenges and untapped opportunities. Companies that plan, design, and experiment with workforce strategies, workplace policies, and management approaches for longer working lives can reap a longevity dividend. Those that lag behind face potential liability concerns and skill gaps. Creating ways for people to have meaningful, productive multi-stage and multidimensional careers is a major opportunity to engage workers across generations.

 

 

One of modern science’s greatest achievements is longevity: the unprecedented length of human lives today. Average global life expectancy has rocketed from 53 years in 1960 to 72 years in 2015—and it is still climbing,1 with life expectancy projected to grow by 1.5 years per decade.2 Longevity, combined with falling birth rates, is dramatically increasing the share of older people in populations worldwide.3 Looking ahead, the number of retirees per worker globally is expected to decline from 8:1 today to 4:1 in 2050.4

These demographic facts have profound implications for individuals, organizations, and society. In this era of longevity, an individual’s career can last far longer, spanning generations of technologies and businesses. Companies can employ people into their 60s, 70s, and beyond as the pool of traditional “working-age” (20- to 54-year-old) adults shrinks. For their part, many individuals find the need—financially and/or emotionally—to stay in the workforce past “traditional” retirement age.

In our 2018 Global Human Capital Trends survey, 29 percent of the respondents rated longevity as a very important issue, and another 40 percent rated it as important. Respondents in Japan in particular, whose population is rapidly aging, were especially concerned about the issue, with 41 percent saying that it is very important.

The looming impacts of global aging

Population aging poses a workforce dilemma for both economies and organizations. Thirteen countries are expected to have “super-aged” populations—where more than one in five people is 65 or older—by 2020, up from just three in 2014.5 These include major economies such as the United States, the United Kingdom, Japan, Germany, France, and South Korea. China’s 65-and-older population is projected to more than triple from approximately 100 million in 2005 to over 329 million in 2050.6 In fact, analysts have estimated that 60 percent of the world’s population over 65 will live in Asia by 2030.7

Compounding the challenge, almost all developed economies now have birth rates below the replacement rate of 2.1.8 This means that companies in these countries must either attract workers from abroad or tap into the maturing workforce. For a view of the challenges ahead, one needs look no further than Japan—the world’s oldest country—where a shortage of roughly 1 million employees in 2015 and 2016 is estimated to cost nearly $90 billion.9

New research is being conducted to help organizations shape their talent and business strategies for an era of longevity. The MIT AgeLab, for example, works with businesses, government, and other stakeholders to develop solutions and policies aimed at engaging the elderly population. The AgeLab uses consumer-centered thinking to understand the challenges and opportunities of longevity in order to catalyze innovation across business markets.10

Older talent as a competitive advantage

As talent markets grow more competitive, organizations often find it valuable to keep older workers on the job rather than replace them with younger ones. Our research shows that older workers represent a largely untapped opportunity: Only 18 percent of this year’s respondents said that age is viewed as an advantage in their organization. But leading companies are beginning to focus on this talent pool as a competitive advantage.

The older labor pool represents a proven, committed, and diverse set of workers. More than 80 percent of US employers believe that workers aged 50 and more are “a valuable resource for training and mentoring,” “an important source of institutional knowledge,” and offer “more knowledge, wisdom, and life experience.”11 The UK government incentivizes employers to retain, retrain, and recruit older workers, and it is committed to policies that support lifetime learning and training and decrease loneliness and social isolation.12

Proactive organizations are tapping into the older talent pool by extending their career models, creating new development paths, and inventing roles to accommodate workers in their 50s, 60s, and 70s. This year, 16 percent of the respondents we surveyed for this report say their companies are creating special roles for older workers, and 20 percent are partnering with older workers to develop new career models. Organizations could find great value in older workers’ ability to serve as mentors, coaches, or experts. Taking on these kinds of roles allows older workers to “pass the baton” to younger generations, while making room for ambitious younger workers.

Many companies are also experimenting with workplace changes to help older employees remain in the workforce. For instance, BMW increased productivity on an assembly line staffed with older workers by 7 percent in just three months through simple changes such as providing cushioned floors and adjustable work benches.13 Home Depot and other organizations are engaging older workers with flexible scheduling options and part-time positions.14 Further, as many as one-third of retirees are willing to work part-time, offering opportunities to leverage this group on a contingent or gig basis.15

Reskilling also plays a role in successful strategies to utilize older talent. One global telecommunications provider encourages senior workers to reinvent themselves and invests in programs to help them acquire new technical skills.16 Software engineers who have built careers on older technologies such as COBOL or C++ can use this experience to learn mobile computing, AI, and other technologies at a very rapid rate.

An interesting and little-known fact, moreover, is that older people are among the most entrepreneurial of workers across age groups. Between 1996 and 2014, the percentage of older workers (aged 55–64) starting new ventures increased—exceeding (by 68 percent) the rate of entrepreneurship among millennial entrepreneurs (aged 20–34), which actually decreased during the same period.17

The new challenges of an aging workforce

The transition toward older talent can present challenges. Older workers may have specialized workplace needs and can attract resentment from younger workers, and they often enjoy higher salaries because of their tenure. Organizations looking to assimilate an older worker population may face the need to design new wage policies, create more flexible rewards programs, and train young leaders to manage people across generations (including team members who may be their parents’ age).

Pensions are another area where longevity impacts organizations. The World Economic Forum estimates that a $70 trillion global retirement savings gap exists today, highlighting the sharp difference between retirement needs and actual retirement income. Moreover, this gap is projected to grow to $400 trillion by 2050.18 Helping older adults to work longer and manage their retirement savings will be a vital need for companies in order to avoid the negative productivity effects of financial stress.

Our Global Human Capital Trends research shows that many organizations are unprepared to deal with the aging of global workforces. Nearly half of the respondents we surveyed (49 percent) reported that their organizations have done nothing to help older workers find new careers as they age. Rather than seeing opportunity, 20 percent of respondents view older workers as a competitive disadvantage, and in countries such as Singapore, the Netherlands, and Russia, this percentage is far higher. In fact, 15 percent of respondents believed that older employees are “an impediment to rising talent” by getting in the way of up-and-coming younger workers.

Based on these findings and our anecdotal observations, we believe there may be a significant hidden problem of age bias in the workforce today. Left unaddressed, perceptions that a company’s culture and employment practices suffer from age bias could damage its brand and social capital.

Age discrimination is already becoming a mainstream diversity issue and liability concern. More than 21,000 age discrimination complaints were filed with the US Equal Employment Opportunity Commission in 2016.19 The problem is particularly acute in Silicon Valley’s technology industry, where older software engineers are often pushed to take lower-paying jobs or look for work outside Silicon Valley because of the emphasis on the “youth culture.”20

The demographic math is undeniable: As national populations age, challenges related to engaging and managing the older workforce will intensify. Companies that ignore or resist them may not only incur reputational damage and possible liabilities, but also risk falling behind those organizations that succeed in turning longevity into a competitive advantage.

The bottom line

Staying competitive in a world of unprecedented longevity demands that organizations adopt new strategies to engage with older talent. Traditional assumptions—that learning ends in one’s 20s, career progression ends in the 40s, and work ends in the 60s—are no longer accurate or sustainable. Rethinking workforce strategies across multiple generations to account for longer lives will require open minds and fresh approaches.

What role does the C-suite play in capitalizing on longevity? How can individuals adjust?

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

Workers and job seekers aged over 45 will be eligible for training programs to ensure they have the skills necessary to stay in the labour market for as long as they want instead of winding up on the unemployment scrapheap.

As part of the government’s baby boomers package, it will allocate $189.7 million over five years to assist mature-age workers adapt to the changing needs of the economy.

The bulk of the funding, $136.4 million over four years beginning in financial year 2019, will be available as targeted training for registered jobseekers to develop digital skills, enhance their employability and to identify job opportunities in local labour markets.

A Skills and Training Incentive, costing $19.3 million over three years, will provide as much as $2000 for workers aged 45 – 70 at risk of being made redundant through technological or economic change to undertake reskilling or upskilling. The worker or employer will have to match the funding.

A separate $15.2 million program – the Job Change Initiative – will be set up to outline career options for mature-age workers who are considering early retirement or facing redundancy.

The government will expand its Entrepreneurship Facilitators program, which promotes self-employment, to 20 additional locations at a cost of $17.7 million.

Recruiting and retraining

Incentives to hire a worker aged over 50 will be increased modestly by $1.1 million to provide additional wage subsidies for employers worth up to $10,000.

As part of the effort to keep Australians employed longer, workers will be able to undertake an online skills checkpoint when aged between 45 and 65 to provide advice to building their careers or transitioning to new industries.

As well as looking at workers’ employment history and qualifications, the checkpoint will look at their involvement in the community, such as volunteering, to see whether those skills would translate to a new career path.

By targeting workers aged in their late 40s, the hope is they will receive assistance to prolong their careers before running the risk of retrenchment, seniors advocates argue.

The government has flagged a need to drive cultural change and stop discrimination against older workers, promising to develop strategies in conjunction with business and seniors lobby groups.

“The government understands the importance of working with employers to ensure they understand the benefits of recruiting and retaining mature age people,” Jobs Minister Michaelia Cash said.

“We also need to support Australians most affected by our transitioning economy by providing opportunities for them to acquire the skills that will equip them for future opportunities and jobs.”

Source: www.afr.com.au