MANY OLDER WORKERS ARE OPTING TO STAY IN THE JOB MARKET Four Tips for Older Candidates to Remain Competitive in Today's Economy
It's been said that some things simply get better with age,
whether it is a vintage car or a fine wine; sometimes quality
only improves over time. The same can be said about today's
older workers and job applicants'many of whom are choosing to
remain in the workforce far past what had formerly been the
expected retirement age. These workers represent a vast resource
of years of skills, experience and creativity, and many are
exploring career alternatives that offer different challenges
from what they pursued before. And more of these seasoned
workers who opt to remain in the job market far longer today are
making some interesting choices, whether it is taking on
consulting roles, entrepreneurial options or leaving their
current title and industry behind entirely. It comes down to the
basic premise that people today are healthier and are working
longer than ever before. Many are looking at what portion of
their old job that they really excelled at and loved and then
making a decision about their next step'often choosing a
different career path altogether. Some of these older workers
are choosing to remain in the job market, either due to
financial necessity or simply the desire to remain active and
utilize their experience and work where they can make the most
impact. Many of them are choosing to leave a position to pursue
a specific part of their former role that they enjoyed the most,
even if that might mean leaving behind a prestigious title in
order to focus on what they loved most about the job, such as
sales or mentoring. The concept of retirement the minute one
turns 65 as a phase of life exclusively devoted to leisure and
recreation is not in keeping with the reality of most people
today. That's because a sudden shift from a highly successful
and engaging career to no work at all has never been a good fit
for most high-achieving people, so many are looking for
alternatives. Age biases do still exist, although the question
of age is becoming less of a factor in building a strong
workforce. Companies are beginning to realize that while
younger, less experienced employees may initially seem more
cost-effective, it is more likely that younger workers will
change jobs more frequently in building their careers while
older workers may stay with the company longer. Therefore, the
idea of stocking your workforce with younger employees may not
be the best bet in terms of retention strategy. For those that
opt to change positions, it can be very challenging to contend
in what is still a very competitive work environment. When there
are so many candidates vying for positions, we tell our older
clients to really focus on the specific experience and skill
sets that can give them an edge during interviews. If they can
showcase these skills at a time when a company is looking for a
certain position, age becomes less important'in fact, hiring
managers may view experience as far more favorable. Of course
part of the trick is being able to do your research and identify
companies that have these specific business needs so you can
come in and fill the void. It is imperative to understand what
skills and experience you have that are readily marketable and
what aspects of your experience differentiates you from other
candidates, particularly ones with less experience. In this
spirit, here are four tips for older workers in the job market:
About the author: Garth Jay is the senior vice president and general manager of leading career services company Lee Hecht Harrison's Cincinnati and Dayton, Ohio offices.