The
Baby Boomer generation (or “Boomers”) accounts for about 29% of the population
today or about 76 million
people. For those who do not know, Boomers
are those people born on or between the years 1946 and 1964. This would make the Boomers between 48 and 66
years of age (if I did my math correctly).
The
Boomers have been and still are the most affluent generation in America’s
history, yet the job market (and dare I say society) wants to dismiss the more
experienced segment of the population. This
generation has a wealth of information to share, is very active, is a proponent
of change, and wants to continue contributing to the nation’s job market. There is major value to companies by
hiring the more experienced worker over someone who is fresh out of college or
with very little experience.
Below
is what I call the top 5 excuse list for dismissing the Boomer generation by
employers:
Excuse
#1: Cannot “afford” to hire very
experienced workers.
Employers
hire less experienced workers at a lower salary. This lower salaried person has to be trained,
mentored, and requires much oversight (at least in the beginning). In the long run, this person has cost you
more due to their lack of contribution because of all the training, mentoring,
and oversight. It costs 30% or more of the
annual salary to train and mentor new, less experienced employees (which
excludes the cost of lost productivity).
Hire a Boomer and minimize the cost.
Excuse
#2: “Overqualified” for the position and
will only stay long enough to find another job.
Many
Boomers want to share their experiences and would love the opportunity to help
others expand their careers. They are
also life long learners and feel that they can always learn more from
others. In addition, Boomers are very
loyal to companies in which they work. The
average tenure of workers
aged 25 – 34 is only 3.2 years and most workers 55+ stay with companies over 10
years.
Excuse
#3: Technically ignorant.
In
fact, the Boomers are actually the generation that was part of the workforce
during the dawn of the computer and Internet age. The Boomers were the first to understand the
advantages of technology and 75%
of all Boomers today use the Internet for downloading movies, downloading
music, financial activities, wellness research, etc. Also, two of the biggest names associated
with technology, Bill Gates and Steve Jobs, are (and was) part of the Boomer
generation.
Excuse
#4: Less energy and unable to handle the
work.
Most
Boomers are very active, alert, and energetic.
The experience and time management skills allow for more work in less
time. Overall, Boomers are in good
health and nearly 20% of all marathon runners are 50 and over.
Excuse
#5: Unadaptable and resist change.
This
is the generation that has had to adapt to many changes over the years. Think about all the changes this country (and
the world) has been thru over the past 40 years. Boomers are more likely to ask “why” rather
than their younger team members. The
good news is that they will be a catalyst for change once it is
understood. Wouldn’t you rather have
someone ask to understand rather than someone that just goes with the flow,
complains, and leaves because they don’t like it?
Most people will be resistant to change if they don’t understand.
Nice article Randy. I'm with you all the way. My resume reads like a map of experiences, with Park Ranger, Weed control supervisor, Primary Industries Technical Officer, and now IT Manager, with all the associated training and life skills that all entails.
ReplyDeleteWe have a supposed skill shortage here in Queensland, but no-one seems prepared to want to train new staff with the skills to fill the positions. I have read that part of the problem is hiring companies looking for the most skilled employees for the bonuses they get paid, but won't consider someone with less than 90% of the required skill base. A Boomer usually has already shown that they can retrain quickly (just look at their resume), so why not give them a chance.
Your comment about company loyalty is particularly pertinent here, as it seems the mining industry employees are just looking for the job that pays the most, and the skill shortage is just exacerbating it. Train enough new staff, and the competition is taken out of the employment market.
Thanks for taking the time to read the blog and contributing with comments. Let me know if there is any way I can support you in your endeavors.
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