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The problem is that 77% of employees at
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retirement age said they wanted to keep
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working and only maybe half of those
00:00:07
people are ever able to do it. Why is it
00:00:09
not happening? Well, it looks like
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employee discrimination, age
00:00:12
discrimination. Some part of that is
00:00:14
because we are getting younger
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supervisors don't feel comfortable
00:00:19
having older subordinates. Can I manage
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somebody who looks like my dad? They're
00:00:23
just saying, "No, I don't know how to do
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that." Some of it is because frankly
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they don't really know how to manage
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people and they think they have to know
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more than the person that they're
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directing. The reason this is such a
00:00:34
problem is that older workers have
00:00:36
everything that you would think
00:00:37
employers want. They're better on
00:00:40
virtually every aspect of job
00:00:42
performance measures. Their attendance
00:00:44
is better. Their turnover is actually
00:00:46
lower. Their social skills are better.
00:00:48
They know what they're doing. They don't
00:00:49
need to be onboarded in a big way.
00:00:51
They're not competitive with other
00:00:53
people. They actually get along with
00:00:54
younger people better than other younger
00:00:57
people do because they're not competing
00:00:58
with them. Employers who constantly
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complain there's nobody to hire and want
00:01:02
flexibility and you got this skilled
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workforce that also wants flexibility
00:01:06
and they would like to keep working.
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It's a real opportunity and we wish
00:01:10
somebody would help them connect better
00:01:12
than is happening right now.
