Remaining relevant and purposeful is a choice Boomers must make every day.
At present, the status of Boomers in the workplace is particularly tenuous. The stakes are especially high for those who – by choice or circumstance – require continuous employment. Statistically, of the 40 million Americans past the age of 50 who remain in the workforce, 22 million will be impacted by layoffs, deteriorating job conditions, diminishing pay, or marginalization.
It’s a constant reminder of the strained identity-politics of aging, and the current economics of compensation comparisons between the generations.
My book, The Intentional Boomer: Keeping Relevant in the Workplace, will be released in the fall of 2020. Explored within its pages will be the ways in which the Boomer generation can use its accumulated acumen, experience and wisdom to remain actively relevant and employed.
Conversing with corporate HR representatives is key to the development of well-grounded solutions. The goal of the discussions is to gain perspective on how those over 50 can demonstrate their best-in-class attributes in today’s corporate environment, narrowing the downside for them during this retention dilemma.
Ironically, the burgeoning talent gap produced by our current full-employment market indicates a massive rehiring of the very Boomers being released from the workplace. Barron’s Magazine calls the purging of Boomers a slow-motion disaster. Especially for Boomers who need a steady income and would be willing to negotiate a way forward to avoid unemployment.
It probably needs no repeating, but here, Go2HR reviews 10 good reasons why Boomers are a continued value-add to companies.
This moment in time feels like a classic inflection point. A golden opportunity for companies to look past first-cost issues, support uninterrupted employment, increase productivity and engagement, and stimulate inter-generational dynamics while protecting the bottom-line.
Yes, it’s complicated. But a premise well-worth exploring, even if only – for now – the exploration remains theoretical.