Designed & Presented by

Christine ShineMichele Scarcella-McEwen

Careers after 50

Designed by Christine Shine & Michele Scarcella-McEwen

WHAT DO YOU WANT CAREER ADVISORS TO

KNOW?How to effectively assist clients over 50 in finding careers, jobs, and educational opportunities

How to establish rapport and manage a good working relationship with clients over 50

The over 50 job seeker characteristics

Barriers to employment and stressors

Myths (stereotypes) associated with the over 50 population

Helpful tools to use when working with this population:

Encore CareersSWOTMBTI

Designed by Christine Shine & Michele Scarcella-McEwen

WHY IS THIS IMPORTANT FOR

CAREER ADVISORS?

There are a large number of baby boomers in the workforce. 77 million baby boomers

Once they lose a job, it takes them twice the amount of time to find a job than other generations

This is a special population. Understanding this group, their strengths, barriers to employment, stereotypes, discrimination, emotional stress, financial stress related to unemployment is important in helping this unique group of clients.

Designed by Christine Shine & Michele Scarcella-McEwen

STRESS AND BARRIERS

ASSOCIATED WITH OVER 50 JOB

SEEKERSOvercoming fear, not knowing what the future holds, having to start a new career

Grief for the lost career, lost status

Depression, Frustration

Low confidence

Feeling lack of control over their lives

Inability to financially support themselves and families

Loss of income, loss of retirement, nest egg

WHO SAYS OLDER WORKERS AREN’T AMAZING?

FAST FACT: 75% of Fortune 500 Companies are run by Baby Boomers

Designed by Christine Shine & Michele Scarcella-McEwen

DISPELLING THE MYTHS

Stereotypes of older workers which may lead to age discrimination

Designed by Christine Shine & Michele Scarcella-McEwen

MYTH #1:

Older workers don’t possess the same level of tech skills as younger workers.

Reality Check: Baby boomers have been working with technology since the 80s.

Designed by Christine Shine & Michele Scarcella-McEwen

MYTH #2:Older workers are not as innovative as younger workers.

Reality Check: 80% of the most workable and worthwhile production ideasare produced by employees over 40.

Designed by Christine Shine & Michele Scarcella-McEwen

MYTH #3: Myth #3: Older workers are

less productive. Reality Check: Productivity is not a function of age. Mature workers produce higher quality work, which can result in a significant cost savings for employers.

Designed by Christine Shine & Michele Scarcella-McEwen

MYTH #4Older workers aren’t flexible or adaptable. They resist change. Reality Check: Older workers are just as adaptable once they understand the reason for the change.

Designed by Christine Shine & Michele Scarcella-McEwen

MYTH #5Older workers have poorer health and don't stay on the job long. Reality Check: AARP survey of workers over 40 found that 76% intend to keep working and earning after the traditional retirement age of 65.

Reality Check: Attendance records are actually better for older workers than for younger ones. According to MetLife, employees over the age of 50 use 45 percent fewer sick leave days than employees between the ages of 25 and 35

Designed by Christine Shine & Michele Scarcella-McEwen

MYTH #6: Older workers can’t keep up with – they have less energy and stamina. Reality Check: Most senior executives are over 50 and, after many years climbing the corporate ladder, still put in long hours and cope well with high stress levels. As a rule, older workers work just as hard as, if not harder than, their younger colleagues. Their experience and time management skills allow them to do the same amount of work in a shorter space of time.

The Rolling Stones have been making music and touring since….

Designed by Christine Shine & Michele Scarcella-McEwen

MYTH #7: Older workers can't or won't learn new skills. Reality Check : Older workers have superior study habits and their accumulated experience actually lowers training costs. Older workers are generally eager to learn new skills – especially technological skills. They want to keep pace with change.

Designed by Christine Shine & Michele Scarcella-McEwen

ENCORE CAREERS

An encore career is work in the second half of life that combines continued income, greater personal meaning, and social impact.

Designed by Christine Shine & Michele Scarcella-McEwen

ENCORE CAREERS

Marc Freedman, CEO of encore.org

Freedman says, 'Gore found himself by losing himself - literally losing - and being liberated from ambition, the idea that there's a particular ladder you have to scurry up and if you don't make it to the top it's all over. Essentially he found a different ladder.'"

Encore.org is a nonprofit organization working to promote encore careers.

Designed by Christine Shine & Michele Scarcella-McEwen

SWOT ANALYSIS FOR OLDER WORKERS

Individual SWOTBuild confidenceDispel stereotypesStronger candidatesCareer Planning Tool

Designed by Christine Shine & Michele Scarcella-McEwen

SWOT ANALYSISStrengths

Workplace WisdomStrong Work Ethic

Team OrientedHardworking

WeaknessesOvercoming fears

PrideOut of work for a long

time

OpportunitiesCareer ChangeWIA Funds for

Education

ThreatsAge

DiscriminationStereotypes

Designed by Christine Shine & Michele Scarcella-McEwen

MYERS BRIGGS/KEIRSEY

ASSESSMENTTool to assist clients in understanding themselves and how their personality/temperament relates to job search, work styles, and career choice

Helps advisor to build rapport, trust, confidence, better working relationship with clients

Designed by Christine Shine & Michele Scarcella-McEwen

REFERENCESThe Surprising Truth About Older Workers, Nathaniel Reade, AARP The Magazine, August/September 2013, published on (www.aarp.org)

Top Ten Baby Boomer Myths That Will Hurt the Bottom Line, Barbara Jaworksi Workplace Institute, 2013, published on (http://hiring.monster.ca)

Plan “B” for Boomers & Beyond Learning… A Competitive Work Strategy, 2009 San Diego Workforce Partnership, U.S. Department of Labor and the State of California. Carleen MacKay, Co-Authored Book Boom or Bust

About Senior Community Surface Employment Program, July 2013, Employment and Training Administration, U.S. Department of Labor, published on (www.doleta.gov)

Designed by Christine Shine & Michele Scarcella-McEwen

REFERENCESThe US Productivity Slowdown, the Baby Boom and Management Quality, James Feyrer, Dartmouth College, June 2008.http://www.dartmouth.edu/~jfeyrer/managers.pdf

Could Millennials Spawn a Productivity Crisis?, JULIE HALPERT, The Fiscal Times, May 23, 2012, http://www.thefiscaltimes.com/Articles/2012/05/23/Could-Millennials-Spawn-a-Productivity-Crisis#sthash.GG8a331h.dpuf

Encore careers – purpose, passion and a paycheck in your second act, http://www.encore.com

The Gen Y headache, by Nic Paton, August 2008, published on http://www.management-issues.com/news/5160/the-gen-y-headache/

Encore Career, Wikipedia, http://en.wikipedia.org/wiki/Encore_career