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The Kubera Principle

The Kubera Principle

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Well you know the old adage age is just a number but that’s unless you want to work now despite unemployment being at an all-time low in Australia ageism still persists in the workplace but new research suggests that times could be changing let’s bring in our career expert Sue Ellson in Melbourne so good morning to you this is some good news some positive signs what did the research find

yes this is a report from the Australian Human Resources Institute the Australian Human Rights Commission and it’s called the Employing and Retaining Older Workers Report and what they’ve actually shown is that there’s been an increase in employee shortages but unfortunately a decrease in older workers who are being employed the good news is the participation rate has increased so the number of people aged 55 to 64 has increased and employers are also looking at more flexible work practices so some good and bad in it yeah so it can be difficult for older workers to actually find the work

So are there any signs that companies are becoming less ageist well I think they realize during the pandemic that older workers can use technology which is fantastic it’s also meant that 52 percent of employers in this report have reduced the age limitation of new workers and they’ve Incorporated older workers in their diversity equity and inclusion strategy and I think there’s a lot more awareness about unconscious bias now as well

Interesting talk us through the benefits that we know of of hiring older workers well it’s really great that they have higher concentration levels they’re likely to be much more reliable they’ve got these amazing skills and experience and knowledge that they can bring and anybody who’s watched The Intern movie would be well aware that obviously there’s a lot of intrinsic benefits of having older people in the workplace so I mean could older workers fill this gap because unemployment is at a record low

Um look it’s it’s interesting because a few things need to change first some of of the recruitment strategies are not suitable for those older workers some employers will have a training budget for younger workers but not for older workers not many Older Workers are being encouraged to train new older workers and yeah there’s just a few anomalies there so I think some things have to change before it’s going to get better but there’s definitely scope for if those things were implemented then obviously a lot more older workers could come in and meet the demands

okay so what is then your best advice for more mature people wanting to break back into the workforce well definitely they need to be up to date with the latest job search strategies so that means networking referrals and creating an online presence I would definitely encourage them to update their technological skills the World Economic Forum has shown some a lot of those technical roles they’re increasing a lot of the non-technical roles are decreasing they could definitely look at understanding how to perform in prompted video interviews and how to do online gaming assessments and perhaps some of the older workers who who are very highly competent one area may need to actually consider a career change to make sure that they’re meeting the needs and budgets of employers now

Click to access 230427-Employing-Older-Workers-Report.pdf

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