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Am I not worthy of financial analysis after 60? I saw this on CNN Money and thought, what the heck, let’s give it a try and see what they say (income inserted for testing).
This is their response. Apparently I’m too old to matter.
Archive for the ‘In the News’ Category
Healthy Finances - What Gives?
By Gene Burnard September 30th, 2009Workforce50.com selected by CBSNEWS Early Show for it’s Job Squad series
By Gene Burnard March 30th, 2009As my friends from Oklahoma would say “this has been a hoot”. A CBSNEWS producer contacted me in early Janurary requesting that Workforce50.com participate in their upcoming Early Show series on finding employment. This series would be a 5 part series featuring 4 job seekers - a new grad, a higher income person, a person returning to the workforce and someone over 55. Obviously CBSNEWS requested that Workforce50.com represent the over 55 segment. 
We eagerly and proudly jumped in to the project. The opportunity to give additional visibility to the issues encountered by the older workforce was one we just couldn’t pass up. Nearly 3 months later, the series aired starting on March 23rd, with the over 55 (ours) segment airing on March 27th.
In the words of the great McEnroe, “You can NOT be serious!”
By Nancy J. Peterson February 17th, 2009In a recent article in the Wall Street Journal, age discrimination seems to be advocated as a generally accepted business practice by a professor at the Kellogg School. Frankly, I’m appalled by the statement itself and all of its dark and legal implications.
“It makes sense, with revenues getting tighter and profits getting smaller, that companies are looking to cut costs. One way to do that is to get rid of senior higher-salaried employees and promote younger workers, usually at lower salaries, says Adam Galinsky, a professor at the Kellogg School of Management at Northwestern University.”
Tell me that this is not what they are teaching in business school these days. It is flawed thinking from so many angles. Not to mention that it totally devalues the knowledge, experience and judgment that older workers have accumulated over the course of their careers and employ every day in their jobs. According to many experts, building and nurturing a multi-generational workforce is essential to the success of just about any business today.
Had this article been framed simply as helpful tips for the young or first-time manager, some of the advice I would probably dispense myself. I have been mentored and I have been a mentor. It can be a very productive learning experience. But here’s the thing. A good mentor has years of experience and a wide range of knowledge and judgment to share. So, I ask, why would a leading company, or any company looking to survive these days, cast its seasoned talent indiscriminately to the wind?
To read the full article go to http://bit.ly/DmijY
National Employ Older Workers Week
By Gene Burnard September 30th, 2008
Last week was the annual National Employ Older Workers Week. Numerous newspaper and blog articles were written on the topic. Many local organizations conducted older worker career fairs.
I wonder just how effective these are in the current economy. But maybe, just maybe, this economy can be an opportunity for older workers.
A story I’ve told often. It was 1991 and my son Bryant graduated from Tufts University with an engineering degree. In the slow economy of that time, there were few jobs for new engineers. And he had none.
One day, shortly thereafter, he called me while standing in line at a job fair in Boston. His complaint to me was “I’ll never get a job here - most of the other job seekers in line were my (that’s me) age”. Needless to say it took me awhile to get my laughter under control. (more…)
On the Subject of Older Workers
By Gene Burnard July 9th, 2008I use Google Alerts quite extensively to keep up-to-date on a number of topics. What a surprise yesterday when I received notice of 3 articles, 2 recent and 1 older, about the value of older boomer and senior workers. So often you read all the myths/reasons that companies cannot, or are unwilling to even consider, recruiting older employees. (remember that older is relative) You’ll hear more from me in future posts about these “supposed” reasons for not utilizing this growing workforce
But I digress. The first article - Oldies can be goodies when it comes to workers’ mind set, by Tom Johnson - of the New Jersey Star-Ledger quotes Douglas Klein President of Sirota Survey Intelligence:
Sirota Survey Intelligence, a firm specializing in attitude research, says businesses should more carefully consider older workers as part of their hiring plans, especially now in a tight economy, when each new hire takes on greater importance.
Older workers — 63 and up — bring a higher level of satisfaction, pride and willingness to go the “extra mile” to their jobs than younger generations, Sirota’s research found. They also express the strongest satisfaction with their compensation. (more…)