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In the News Archive 2011

Aging Workforce News: Generations of Talent Study: Effects of Country, Age, and Career Stage on Emplpyees

19 December 2011—Aging Workforce News is an enhanced news site and blog tracking developments, tools, and resources for managing older or mature workers and boomers in the workplace.

Study: Older workers most engaged, committed to their jobs —

19 December 2011—Those over 40 also more satisfied with their jobs than younger employees

30-Something and Miserable at Work—

16 December 2011—A new study finds that those between the ages of 30 and 39 are the most dissatisfied at work.

Study: Older Workers are the Most Engaged—

9 December 2011—New research from Boston College’s Sloan Center on Aging & Work finds that employees 40 years old and older are the most engaged and demonstrate the the highest level of organizational commitment. It also finds that those 50 years old and older are the most satisfied with their jobs.

The Discontented Thirties—knowledgetoday

9 December 2011—According to a new research study by the Sloan Center on Aging & Work at Boston College, the people who are most satisfied with their jobs are older employees – those age 50 and up. The most dissatisfied?

Fielding Graduate University to Honor Mary Catherine Bateson With Lifetime Achievement Award in Positive Aging—

9 December 2011—Writer and cultural anthropologist Mary Catherine Bateson is slated to receive the Lifetime Achievement Award in Social Change and Positive Aging from Fielding Graduate University.

Is an Extended Senior Career in Your Future?—

9 December 2011—As jobs slowly recover, keeping experienced workers will be a rising priority for many employers.

Smith: County's future depends on a skilled labor pool—

9 December 2011—A person applies for a job for which he has no background experience. The boss says to the applicant, 'For a man with no experience, you are certainly asking for a high wage.'

Hot Topics: November Jobless Rate Falls—

9 December 2011—Unemployment takes surprise dip to 8.6 percent overall, 6.3 percent for older workers.

Thirtysomethings Least Happy With Their Work —

9 December 2011—If you're happy and you know it, you're probably not in your 30s. A new study from the Center on Aging and Work at Boston College found workers aged 30-39 reported the lowest job satisfaction levels (4.33) relative to their under-30 (4.66) and 50+ colleagues (4.55).

Study Finds Older Workers Engaged, Committed and Satisfied with Their Jobs—

2 December 2011—A new research study by the Sloan Center on Aging & Work at Boston College finds that employees 40 years old and older are the most engaged and demonstrate the highest level of organizational commitment, and that those 50 years old and older are the most satisfied with their jobs.

The Thirtysomething Blue—

2 December 2011—If you’re looking to feel satisfied with your job, then you better avoid being in your 30s. That, anyway, is what one might conclude based on recent survey

Recruiting Costs for New Employees

2 December 2011—A study conducted by Bersin & Associates, a human resources advisory firm, shows that companies are seeing a significant advantage when it comes to ...

As workforce ages, many employers trying to adapt - The Denver Post

2 December 2011—Whether because they want to or they have to, more people who have reached traditional retirement age are continuing to work, either part or full time.

For Smaller Firms, Recruiting Costs Add Up

30 November 2011—Large firms see a significant scale advantage when it comes to recruiting costs per new employee, a study says. Also, younger and older workers seem much happier with their jobs than thirtysomethings.

Older workers in Central New York have a much harder time finding a job after being laid off

18 November 2011—The recession officially ended in June 2009, but the average American family hasn't noticed. Even people who found work after losing their jobs continue to struggle, making nearly 18 percent less than they did before.

A Global Perspective —The Ageing News Daily—

18 November 2011—A Global Perspective—On November 19, Dr. Allan Morgan, Sloan Center Research Fellow, will facilitate a discussion at the Gerontological Society of America’s 64th Annual Scientific Meeting in Boston (Nov 18-22)

When Your Boss is Younger than Your Child - The Best Life—

3 November 2011—If you work into your 60s and 70s, you will need to mix successfully with younger generations.

Talent Development and Age Diversity—

31 October 2011—Recently, leaders in talent development have begun focusing on generational demographics, and the different communication styles of each generation.

Employers Embrace Age-Diversity Initiatives -

28 October 2011—Outreach programs keep mid-career and older workers connected.

Managing through the Life Stages—

24 October 2011—A new report highlights some innovative ways companies are beginning to create age-diversity strategies that positively impact the bottom line.

Managing through the Life Stages—

21 October 2011—Fearful of losing skilled workers, some companies are looking to hold on to baby boomers who are either nearing or have already reached retirement age.

Not letting go: Companies hang on to their baby boomers

21 October 2011—Fearful of losing skilled workers, some companies are looking to hold on to baby boomers who are either nearing or have already reached retirement age.

Top 10 Reasons People Postpone Retirement -—

17 October 2011—Many baby boomers are staying on the job longer. Here's why.

Taxes and Your Social Security - Forbes—

14 October 2011—Your benefits may be taxed. But a little up-front planning today can minimize the hit tomorrow.

An Evolving Business Imperative: Case Studies Show Increasing Focus on Age—

4 October 2011—The Sloan Center on Aging & Work at Boston College, in a new report, examines the evolution of age diversity strategies within six major U.S. employers: Cornell University, Dell, GlaxoSmithKline, Marriott, MITRE and Wells Fargo.

Workplace Culture Wars—

1 October 2011—In the battle between well-intentioned policies and the unwritten rules of any workplace, unwritten rules win every time.

A Family's Work Is Never Done—

29 September 2011—During National Work and Family Month, employers should take the time to examine whether their workplaces are designed to support all families—wherever they are in their life course.

work-life balance | Custom-Fit Workplace—

27 September 2011—Workplace practices that honor workers' responsibilities both on the job and off create a win for employees and employers alike.

Turn workforce challenge into opportunity—

23 September 2011—As baby boomers begin to retire, companies will lose the institutional knowledge and expertise those employees possess unless they start preparing now.

Eight ways older workers can enhance job security—

8 September 2011—The jobless rate for workers over 55 was down in August, but that's not necessarily good news as many older Americans have given up finding a job. Those that have jobs are desperate to hang on to them, but there are strategies to enhance job security.

Businesses Unprepared for Ageing Workforce—

2 September 2011—Companies from a range of industries say businesses are largely unprepared to accommodate an aging workforce or to cope with its eventual retirement.

As workforce ages, industries struggle to prepare for wave of retirements—Washington Post

2 September 2011—In the past decade, the number of seniors in the labor force has grown nearly 60 percent.

Should Older Workers Step Aside?—Huffington Post

29 August 2011—How do we address the fact that both older and younger workers need jobs now? The best advice is to see past the short term and avoid introducing a market distortion -- asking older workers to "step aside" -- that is premised on the number of jobs in the economy being fixed.

Why Baby Boomers Can’t Retire | Financial Security Project at Boston College

25 August 2011—The Financial Security Project was established in 2009 through a grant from the U.S. Social Security Administration. Our mission is to help people make smart decisions throughout their lives so they are financially secure at retirement.

Why Your Retirement May Not Be Permanent—

23 August 2011—Consider these increasingly popular alternative paths to retirement.

BC: Working past retirement to stay engaged—

22 August 2011—The Sloan Center on Aging & Work at Boston College says older adults work past retirement to remain engaged. It cites the EBRI Retirement Confidence Survey.

Retiring in Phases—

14 August 2011—After nearly 30 years working at MIT, Barbara Peacock-Coady was looking forward to having time to pursue her other interests. But she wasn’t ready to stop working altogether.

5 Myths About Older Workers—

3 August 2011—Even older workers often believe these ageist myths about age discrimination and what mature workers bring to the workforce.

Tipping the work/life balance—Women at the Top Blog

1 August 2011—In an effort to retain more of their women employees, many companies implement work/life balance policies such as flexible working hours, childcare facilities at the office, and options for telecommuting.

Out-of-work 50-somethings struggle to get by—

1 August 2011—Brian Blaschke thought he had positioned himself well to survive the economic downturn. A construction industry veteran, he switched careers in 2007 into construction defect investigation for an insurance company. Fourteen months later, he was laid off anyway.

HR Fiddles While Organizations Burn—

11 July 2011—HR leaders who strategically contribute to their organizations are making huge differences -- but they are few and far between. Too many HR professionals focus on compliance and HR metrics, when they should be focusing on crafting programs that can make a strategic difference to their organization.

Balto. Co. program gives older workers second chance—

3 July 2011—Paula Foertsch wasn't ready to be forced into retirement at age 60.

Managing a Multigenerational Workforce—IT Management—

30 June 2011—The technology generation gap has never been more pronounced. Yet, through a combination of policies, programs and tools, it's possible to engage all employees and build a robust and motivated workforce.

Working in retirement is not an oxymoron for these seniors - Miami-Dade—

26 June 2011—Employees 75 years and older are becoming more common in the workplace.

Contingency workers provide companies with quick fix—

25 June 2011—ROCKFORD—For a growing number of retirees, leaving the job full time doesn’t mean leaving the work force. Sometimes, it doesn’t even mean leaving the company.

BC’s Center on Aging & Work wins grant—

24 June 2011—The Sloan Center on Aging & Work at Boston College said it has been awarded a $2.7 million grant to study such issues as ...

Encore Career Institute to aid Baby Boomers—

23 June 2011—Silicon Valley, Hollywood and the University of California are icons of innovation, and now their power players have combined forces to boost job prospects for America's powerhouse demographic group - the Baby Boomers....

One in Two Employers Impacted by a Talent Shortage—

23 June 2011—MetLife understands that being competitive in today’s workplace demands staying up to date with your industry.

Tips to Manage an Aging Workforce—Talent Management magazine The Business of Talent Management—

20 June 2011—What impact will America's aging workforce have on tomorrow's talent pool? What are talent managers across different industries doing about it, and are they prepared for these changes?

Older jobless workers fear age discrimination—

18 June 2011—In today’s economy, it’s tough for anyone to find work with unemployment hovering around 9 percent and the number of new jobs growing at a snail’s pace.

What’s an “Everyperson Franchise”? | Network Marketing Online Success—

15 June 2011—Separate studies from the Ewing Marion Kauffman Foundation and the Center on Aging and Work at Boston College indicate that Americans are increasingly becoming

Older Workers Are No Less Productive—Room for Debate—

13 June 2011—Savvy employers realize that age is not the best predictor of...

Census 2010: Surge of Baby Boomers reaching retirement is financial 'time bomb' for Michigan—

12 June 2011—About one in six working-age residents in the state will hit 65 this decade.

Stereotypes about older and younger workers overblown | Marketplace From American Public Media—

10 June 2011—The combination of older, set-in-their-ways employees and fresh-faced, technologically forward bosses may be explosive. But one survey says that isn't the case.

Leadership Qualities of a Millennial Leader—

8 June 2011—Although the prospect of baby boomers retiring has been delayed by the recession, it is coming. Each day 10,540 baby boomers turn 60, according to Larry and Meagan Johnson, authors of Generations, Inc., and are thinking of doing something with their lives other than leading your organizations.

Institutional Investor Global finance market news, analysis and research—

6 June 2011—Institutional Investor magazine provides informed finance market editorial and research to institutional investors.

Luminant takes aging-workers issue to school —Dallas Business Journal

3 June 2011—Dallas, TX News—View Daily Local Business News, Resources & more in Dallas, Texas.

Weak Jobs Report Rekindles Economy Worries—

3 June 2011—Unemployment for all workers, including people over 45, stayed even in May, surprising economists.

Top 10 Reasons Boomers Delay Retirement—

27 May 2011—Whether it's because they're motivated to stay active in a career, want to make a difference in the world or struggling with skyrocketing bills, 46% of U.S. employees over 50 now say they plan to work longer than they once expected.

Bizbox by Slate—Small Business Help and Tips—

24 May 2011—Where’s The Flexibility? Baby Boomers Want To Know

All Industries Look for Excellence in Employees—At Work by Lindsey Novak—

23 May 2011—Q: My friends who are college graduates are not going anywhere in their fields. I don't know if I want to continue going to school just to have a degree ... more »

Will you grow old in Sawyer County?—

11 May 2011—Older workers, termed “The New Unemployables” in a recent study by Boston College’s Sloan Center on Aging & Work and the Heldrich Center for Workforce Development at Rutgers University, are less likely to find work once unemployed or retired... more »

Seasoned but slighted by the market—

7 May 2011—NORWOOD—One by one, job seekers in their 50s and 60s went around the room at the Employment & Training Resources center, lamenting the difficulties of looking for work in a market flooded

Working In The Commonwealth: Recession Hits Older Workers Hard

27 April 2011—The "Great Recession" has taken a heavy toll on the mature worker.

AARP The Magazine - March/April 2011

08 April 2011—Brand New Me—Can Repackaging Yourself Save Your Career?

Age shall not wither them

07 April 2011—The National Rural Electric Co-operative Association (NRECA) does not have the same ring to it as Google or Facebook. But in its own humble way the NRECA, based in Virginia, is helping to shape the future.

Baby Boomers: America's new unemployables - CBS Sunday Morning—CBS News

04 April 2011—CBS Sunday Morning: Baby Boomers: America's new unemployables—Despite improving job data, older unemployed workers are having more trouble finding work, as companies favor less-experienced, cheaper candidates.

Starting a business in retirement: four women who've figured out how to make money working at their business.

24 March 2011—When you move to a place called Leisure World, it's almost as if there is a mandate to relax, take up a hobby, putter around the golf course, or try your hand at shuffleboard. Certainly, for many of the 8,500 residents of Leisure World, an over-55 age-rest

Many former Galesburg Maytag workers fear never fully recovering

11 March 2011—Economies experience periods of downturn, but the hope is that afterwards things will get better and new jobs will replace ones lost. However, to 40 percent of former Maytag workers surveyed this hope is just not there. In looking at the Maytag Employees in Transition Survey, 49 percent of the 12

Older workers need to dispel the myth that they are not the best one for the job

6 March 2011—The U.S. Department of Labor reported that the rate of unemployment for people age 55 and over has more than doubled in the last three years ...

How to Control Credit Card Debt After 60: Manage Expenses, Cut Spending - AARP Bulletin

23 February 2011—A recent study of job seekers by the Sloan Center on Aging & Work at Boston College found that 30 percent of workers age 55-plus had more in credit card debt than retirement savings.

Global Graying-Web Extra, Around the Globe, Politics, Society, Boomers, Inside E Street—AARP

18 February 2011—American employers are facing a number of challenges in today’s economy as the work force ages and more and more workers are laid off. Marcie Pitt-Catsouphes, the Director at the Sloan Center on Aging and Work at Boston College tells Lark McCarthy what employers need to do in order to remain compet.

As baby boomers retire, jobs likely to open up

16 February 2011—In Northeastern Wisconsin, a number of job sectors are expected to see a need for workers in the next five years as baby boomers move into or past what is generally thought of as 'retirement age.'

Risks and rewards of third-age and encore careers | Harvard Magazine Jan-Feb 2011

13 Feb 2011—For third-agers, changing careers is exciting, scary, and challenging.

When Retiring means Giving Back

31 January 2011—For some Boomers, an 'encore career' means finding fulfillment in jobs that allow them to help others

Looking for an edge, older job-seekers update their looks—Business—

31 January 2011—Charlotte Doyle hit the gym two hours a day, embraced the latest fashions and made sure that not a strand of gray peeked through her thick blond hair.

Grim news on retirement | Makin' Money | Marketplace from American Public Media

31 January 2011—No wonder growing numbers of the elderly have or want jobs. A report from the Sloan Center on Aging and Work at Boston College found that 30 percent of unemployed workers over age 55 have more credit card debt than retirement savings; 41 percent have as much. The situation for employed older workers

Some Boomers 'retire' to jobs that allow them to help others—

28 January 2011—More and more Baby Boomers are taking on encore careers that match older workers who can't or don't want to retire with public service jobs.

Retirements Swallowed by Debt

28 January 2011—The elderly are increasingly in debt, experts say—and their families often have no idea.

Why a Healthcare Career is Good for Working Parents

24 January 2011—In researching his study for the Sloan Center on Aging and Work, Sweet found a growing need for workers in the health care field who specialize in management, sales/marketing, legal, operational and information technology.

When time is money–firms enhance employees’ work options

18 January 2011—It was the classic dilemma for a working mother: Katerina Tzouganatos wanted a lighter workload after she gave birth to her first child a year ago, but she didn’t want to derail her career in providing risk-advisory services to Deloitte LLP’s investment management clients.

What Senior Workers Want as the Economy Improves

18 January 2011—With economic prospects brightening, the needs of an older workforce will push employers to change.

Older job-seekers look for an edge by updating looks

10 January 2011- CHICAGO—Charlotte Doyle hit the gym two hours a day, embraced the latest fashions and made sure that not a strand of gray peeked through her thick blond hair.

The Value of Multi-Generational Workplaces

8 January 2011—Does working with people outside your age range hinder your collaboration? Probably not. But there is still speculation that multiple generations in the workforce is a recipe for conflict. Why?