Employers Want to Hang On to Boomer Workers

Posted on 08/23/2012 by | Brooklyn, NY | Comments

Bulletin Today | WorkIn another blow to conventional wisdom, a new survey finds many employers actively want older employees to keep working past 65. Only 4 percent of of the 412 employers recently polled by BMO Retirement Services said they think extended careers will be bad for their company. Nearly half said they think boomers delaying retirement will be a net positive for employers.

The High Cost of Caregiving

Posted on 05/1/2012 by | Home & Family blogger | Comments

CaregivingBy Mary Hickey Caring for an older family member is costly to both families and employers — and it’s time for the workplace to develop policies to help people juggle the competing demands of work and caregiving responsibilities. That was the bottom-line message from Cheryl Matheis, senior vice president of policy for AARP, who was interviewed on National Public Radio this morning as part of an ongoing series on caregiving. “When people have to leave their jobs [to care for …

5 Things Caregiving Employees Should Know

Posted on 04/5/2012 by | Caregiving | Comments

CaregivingCompanies are beginning to realize that their eldercare programs—if they even have them—need to be ramped up to better accommodate caregiving employees.  And if they don’t, they should get cracking. According to Society for Human Resource Management, the number of employers offering eldercare referrals has taken a dive, from 22 percent in 2007 to 9 percent in 2011. That’s a problem. According to an AARP report, U.S. companies lose more than $33.6 billion a year in lost productivity from full-time …

Here’s to Older Workers

Posted on 02/2/2012 by | AARP Blog Author | Comments

WorkPop quiz: In December 2011, what was the unemployment rate for people 50 and over? The answer is 6.2 percent, nearly twice what it was at the beginning of the Great Recession in 2007. At AARP we often hear from members in their 50s, 60s and 70s who are unemployed and want and need to get back into the workforce…some desperately so. This month, AARP is shining the spotlight on older worker issues from a range of perspectives, from those …

How an Auto IRA Could Work for You

Posted on 09/9/2010 by | Archived Contributor | Comments

Money & SavingsWe can’t hide from the scary statistic in the story from the ABC affiliate in Houston below: about half of American workers don’t have any retirement savings at all. Last month, Rep. Richard Neal of Massachusetts introduced the Automatic IRA Bill of 2010 that would provide millions of Americans the opportunity to save for retirement in their workplace. AARP strongly supports this bill, as it is a “simple, low-cost solution to the problem that too few Americans are saving for …

The Dilemma of the Younger Boss

Posted on 08/9/2010 by | Archived Contributor | Comments

WorkLet’s face it; as much as we may try to say otherwise, having a boss that’s significantly younger than you can often be a pain. Lots of times it works out fantastically, but being an elder to your manager can often lead to tension and frustration. Author and workplace consultant Diane L. Katz talked to AARP about how to manage your younger manager, giving folks some very useful tips like: Define expectations. Katz says you should ask upfront about the …