September 19, 2013 2 Comments
Writing recently (Sep 4, 2013) in the Financial Times, award-winning business journalist Michael Skapinker offers some sound advice on how older workers can protect themselves from ‘the threat posed by younger employees’.
The gist of his article is that older workers should be proactive in fighting what has been termed ‘catch 55’ (older workers needing/wanting to work while employers want to replace them with younger staff).
His suggestions include:
Brazening it out – demonstrate your awareness of age discrimination legislation e.g. by asking what percentage of staff are over 50. This could be enough to see managers ‘retreat in fear’.
Becoming an expat – younger people with family commitments aren’t always keen on foreign postings, whereas older people may have fewer ties and a greater sense of adventure.
Taking a paycut – not for the same amount of work – but by, for example, reducing your week to four days, thereby cutting wage costs by 20%.
Branching out – developing other activities and interests in order to develop opportunities (some of them paying?) and a fulfilling life outside work.
Keeping fit – this will not only help you remain healthy it could also keep you looking younger and more alert.
The overall message seems to be that, as at any stage of your career, the more determination and initiative you demonstrate the greater your chances of success.
Skapinker writes periodically on age-related issues – he’s well-worth following.