Tips For Workers Over 50
golden years are no longer reserved for fishing and gardening. Many
of todays would-be retirees are forgoing a life of leisure
and opting to work well past 65 a trend thats sure
to continue as the countrys 76 million baby boomers begin
to reach so-called retirement age.
CONSIDER THESE NUMBERS:
A recent poll showed that 79 percent
of baby boomers said they plan to work in some capacity during retirement.
By 2020 there will be a 60 percent
increase in the number of people over age 65, while the segment
of the population ranging in age from 18 to 44 will increase by
just 4 percent, according to the Hudson Institute, a nonprofit research
In addition to demographic shifts,
there are other factors working in favor of seasoned employees.
Companies that are launching new initiatives or merging with other
organizations are willing to pay a premium for the wisdom and experience
of time-tested professionals. Dependability, a strong work ethic
and the ability to oversee complex projects also are in demand.
In short, the changing employment landscape will present many opportunities
for professionals looking to extend their careers or retirees interested
in returning to the workforce. Following are tips for leveraging
deep knowledge and experience.
Retool YOUR RESUME
Revamping your resume is a key first step to effectively selling
yourself to prospective employers. Instead of formatting your resume
chronologically, consider creating a functional resume thats
targeted specifically to the positions you seek. A functional resume
emphasizes the unique set of skills you bring to the table rather
than your job titles or duties. When compiling your resume for working
in retirement, home in on the last 15 to 20 years of your career,
since that will likely be your most relevant experience. Youll
also minimize the chances of a hiring manager deeming you overqualified.
Keep your skills sharp
Whether youre currently employed and looking for new opportunities,
or youd like to come out of retirement, there are many ways
to stay on the cutting edge of your field. Consider enrolling in
professional development courses offered through an employer, local
community college or trade organization. In addition, subscribing
to industry publications will help you stay apprised of the latest
trends and advancements in your field.
Network, network, network
The value networking provides cant be overstated for workers
of any age. Reconnect with former bosses or colleagues who may have
job leads or know people who do. And dont forget about
your family members, friends and neighbors, who all can serve as
potential resources during your job hunt. Let people know that youre
looking for a job and give them details about the types of roles
that appeal to you. Joining an industry association is a quick and
efficient way to make new contacts.
Explore all options
Working no longer means a rigid nine-to-five schedule. Companies
want to keep long-time employees in order to retain invaluable institutional
knowledge. As a result, many are offering phased retirement programs
and inviting retirees back to work part time. In addition, telecommuting,
job-sharing, flextime and seasonal work are options at an increasing
number of firms. Ask your current employer or reach out to
a former one to find out what non-traditional work arrangements
might be available to you.
Working as a consultant on a temporary or project basis is another
viable option. The advantage of this type of work is that you can
generate income while choosing which assignments to pursue and setting
your own schedule. By working through a staffing firm, youll
receive career guidance, insight about emerging technologies and
job leads. Staffing firms also can give you a heads-up on the types
of companies that are targeting professionals with your abilities
For some professionals, working is a financial necessity. For many
others, however, working beyond 65 is a choice. Regardless of why
you work, the opportunities are abundant and will likely continue
to grow. To maximize your marketability, use the tips above to position
yourself as an adaptable yet proven professional whos at the
forefront of your industry.
July 27, 2018 - AMAC, Outside Contributor