Aging is an Asset

Aging is an Asset for the Workforce

Aging is an Asset for the Workforce, the fourth forum in the series, looked at the future of the workforce in Illinois through four perspectives: the four generations in the workforce, employers and how they are facing shortages, retirement and retraining, and helping younger generations with academics and career advice.

Speakers for Aging is an Asset for the Workforce
Speakers for Aging is an Asset for the Workforce include L to R: Senator Edward Maloney, chair, Senate Higher Education Committee; Arthur Rothkopf, vice president, U.S. Chamber of Commerce; Marilyn Hennessy, president, Retirement Research Foundation, Michael Skarr, president and CEO, Naperville Chamber of Commerce

"People age 50+ want work and volunteer opportunities" reported Marilyn Hennessy, president of Retirement Research Foundation, quoting from a National Council on the Aging communique. "Voters aged 50+ no longer regard age 65 as the time to stop working." Hennessy said that "An infrastructure should be put in place to share information and to help people understand the aging workforce. Mature workers and employers need to be at the table."

Senator Ed. Maloney, chair of the higher education committee, said that the two greatest challenges for the aging workforce are to communicate the possibilities for mature workers to retirees and employers and to create an awareness of the nature of the aging workforce. He said that we must also think seriously about the workforce ten years from now and improve the retention and graduation rates for higher education. Maloney reported on a pilot project underway to address retention rates by improving skills of high school students before they reach college.

In the keynote, Arthur Rothkopf, vice president of the U.S. Chamber said, "The United States in the 21st century faces unprecedented economic and social challenges, ranging from the forces of global competition to the impending retirement of 77 million baby boomers. Succeeding in this new era will require our children to be prepared for the intellectual demands of the modern workplace and a far more complex society. Yet the evidence indicates that our country is not ready. Despite decades of reform efforts and many trillions of dollars in public investment, U.S. schools are not equipping our children with the skills and knowledge they -- and the nation --so badly need.

Last year the U.S. Chamber of Commerce graded all 50 states on their K-12 school systems in order to identify both leaders and laggards in the tough business of school performance. Illinois received a grade of C.

Rothkopf recommended that employers plan ahead. Workforce organizations need to get the best practices from well-managed companies and gather data about loss of the mature workforce. Further, he said we need to collect stories of organizations who have been negatively impacted by the loss of institutional knowledge.

Michael Skarr, the meeting chair, a recent retiree from the Naperville Chamber of Commerce and former chair of the Illinois State Board Education, provided unique insights on how business and education should work together. He summarized the changing workforce and emphasized planning for the future.

Expanding the Perspective of Employers: Recruiting and Job Structuring

Representatives of business, labor, education, and retirees discussed the role of employers in preparing a workforce for the future. Questions to be answered: Who are the employers that value retirees in their workforces? What methods of recruitment do these employers use? What are the jobs and work structure that allow retirees to ease in and out smoothly? What are some of the limitations employers have in accommodating retirees' preferences? "What additional skills or attitudes should retires consider acquiring to meet the demands of today's workplace?"


Understanding the Four-Generation Workforce

The workforce is constantly changing and presents different challenges for each of the four generations, because they come from specific times in history. Some of the questions asked in the discussion were, "What are the differences between generations and how can the workplace help them find common ground? How can we foster a greater understanding of the aging process since many clients will be older?"

Each generation must understand the other to ensure smooth working relationships. Training and ultimate understanding of other generations will maximize productivity of all workers and management.

Pre-retirement, New Careers, and Part-time Work

Most older workers begin thinking about retirement long before it happens. What information and motivation do they need to direct their retirement to second careers, part-time employment, and continued involvement? How can the scenario for full-time leisure be changed to one of continued productivity and involvement?

The group suggested that new partnerships need to be developed to connect older workers with job and retirement opportunities. This can be accomplished through existing networks, such as local workforce boards, mature worker transition centers, and through retiree groups. Key is a central point of information.

Career Paths, Career Savvy and Intergenerational Programs

Retirees have many career and life skills that are beneficial to younger generations. How can retirees help students find career paths and develop good basic skills so needed in the workforce? Retirees have proven to be valuable mentors and tutors throughout the educational pipeline -- from preschool children through university students. One question asked during the forum was "How can retirees help students find career paths and develop good basic skills so needed in the workforce?" The greatest challenge is to connect retirees with volunteer opportunities.

The planning committee for the forum included Diana Robinson, Center for Government, NIU; Michael Skarr and Jennie Gates, Naperville Chamber, Preston Morgan, Illinois Community College Board; Mary Beth Marshall, DuPage Workforce Board; Nina Menis, Naperville District 203; Russ Marineau, HURRAH Intergenerational Program; Peggy Luce, Chicagoland Chamber of Commerce; Deborah Walker Johnson, National Able, and Jane Angelis, SIU Carbondale.

The meeting was hosted by Naperville Chamber of Commerce, District 203, Center for Government, NIU, and SIU Carbondale. For the full report and policy paper: www.siu.edu/offices/iii (available after 2/15/08)


Michael Skarr describes what work means to men. L to R: Pat Fera, Will County Investment Board. Tom Laue,editor, LifeTimes, BlueCross Blue Shield; Peggy Luce, vice President, Chicagoland Chamber of Commerce; Jennifer Frazier, Two Rivers Head Start Agency; Michale Skarr, president and CEO, Naperville Chamber of Commerce; Arthur Rothkopf, vice-president, U.S. Chamber of Commerce and Anne Edmunds, Manpower. Not pictured: Facilitator: Debra Fulmer, Manpower, Naperville and Dolores Solomon Chagin, BP America, Inc.
Michael Skarr describes what work means to men
Nancy Chen descusses the plight of older women 	        seeking jobs
Nancy Chen discusses the plight of older women seeking jobs. L to R: John Hosteny, Illinois director, Corporation for National Service, Nancy Chen, director, Women's Bureau, U.S. Dept. of Labor; Heather Sobecki, Elmhurst College student, and Preston Morgan, Workforce Development, Illinois Community College Board; Not pictured: Facilitator: Diana Robinson, Center for Government, and Recorder: Lynn Deegan, NIU-Naperville, Cheryl Lockwood, Northeast IL AAA; Maria Malayter, Center for Creative Aging, National Louis University; Kim Mansker,Human Resources, Staples; Dennis Radek, The Synergy Companies; and Janet Rand, Workforce Board, College of DuPage
Robin Stearnes makes a point about the challenges of recruiting retirees. L to R: Bill Clancy, Literacy Volunteer, Waubonsee College; Jim O'Donnell, HURRAH Volunteer; Robin Stearnes, director, VOICES, DeKalb School District and president of the Stearnes Group, and Russ Marineau. Chair of HURRAH (the district 203 intergenerational Program). Not pictured: Facilitator: Nina Menis, District 203, Naperville, and Roger Hart, BIZ Benefits and Ins. Services, Inc.
Robin Stearnes makes a point about challenges of 
         recruiting retirees;
Jerry Carduci describes a four-generation 		         workforce
Jerry Carduci describes a four-generation workforce. L to R: Senator Ed Maloney, chair, Higher Education Committee; Marilyn Hennessy, president, Retirement Research Foundation; Laura Kennedy, Age Lessons; and Jerry Carducci, Age Lessons. Not pictured: Facilitator: Vicki Cook, University of Illinois at Springfield; and Recorder: Mary Beth Marshall, executive director, DuPage Workforce Board, Cleota Porter, Northside Workforce Center, Chicago; Bennetta Stearnes, NIU Annuitants Association.

 



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