Five Concerns of the 50+ Client

Wednesday January 13th, 2016 at 7:30am
Written by Kathleen Niedermayer - Job Developer

In my short tenure with EDSI as an EARN Job Developer, I have had the privilege of observing and teaching Job Club. Most of the clients who participate are 50 years old+, have been employed steadily in a company or industry for a long time, and generally have no clue about the requirements of a job search in this century.

Five common concerns usually come to light during our weeks together in Job Club. The exciting news for us is that with empathy, active listening and open sharing, most of these concerns can be identified and relieved before “graduation” day. You can be the change agent that turns their fear, frustration and negative attitude into one of hope for a brighter and better new day.

Continue Reading


I'll take "TWO NUMBERS THAT SHOULD SCARE HR PROFESSIONALS" for $2,000

Monday September 29th, 2014 at 9:35am

Written by Kevin Watson - Director of Business Development with EDSI Consulting

kwatson@edsisolutions.com

"What are 94.5 and 101.49?"

That’s right, after the 3.1 inches of snow that fell in Mid-April at Detroit Metro Airport, the 2013-2014 winter has officially been crowned champ!  The 94.8 inches of snow that have fallen this season in Metro Detroit make it the snowiest winter on record, eclipsing the previous record of 93.6 inches that stood for over 130 years.  Oh yeah, did I mention the Dow Jones is up 101.49% over the past 5 years?

These two numbers on an island might be enough to cause some Baby Boomers to ponder retirement.  Couple them together, and don’t be surprised if HR Managers start to see more and more “surprise” retirements.

As we travel around the country, we see more and more HR Managers caught off guard as some of their most tenured employees announce retirements.  There are a myriad of reasons why employees decide to retire.  Some walk away due to health-related concerns (themselves, spouses, parents, etc.).  Others can finally sell their houses at a profit and move to a warmer weather climate (where they don’t have to worry about shoveling close to 8 feet of snow over the course of 5 months). Others still have just watched their youngest child walk across the stage at college graduation, and finally feel they can afford to retire.

As the stock market, the housing market and the economy tanked during the “Great Recession” of 2008-2009, most companies were given a reprieve.  During the “lost decade” more and more Baby Boomers chose (or were forced by circumstances) to work a few more years until their nest eggs were a little more secure.
 
You may remember the ING “What’s Your Number?” commercials where people walk around carrying big orange numbers that represent the amount of money they need to save to retire comfortably.  Whether they admit it to their employers or not, most people have a “walk away” number.  The scary part for employers is that as the economy has rebounded over the past 5 years, more and more employees are getting dangerously close to that number.
 
We have seen a handful of scenarios where employees have given several years of advance notice.  We have seen other scenarios where employees show up to work (after shoveling ten inches of snow, and battling a two-hour commute) and decide that today is their last day.  Hopefully you are never unlucky enough to experience the latter, but as the saying goes, “luck favors the prepared.”


As always, know that we are here to help you on your knowledge retention journey!

Founded in 1979, EDSI is a national leader in workforce development, customized training and consulting.

Want one of our experts to contact you to listen to your needs and demonstrate how we can help?

Tags

Workforce Development (67), HR (53), Inspiration (38), Planning (35), Training (24), Culture (22), Education (22), Goals (22), WIOA (21), Workforce Innovation and Opportunity Act (20), Setting Goals (19), Career Services (19), Talent (19), Success Story (15), Values (15), Growth (14), Customized Training (13), Career Pathways (13), Knowledge Retention (13), Professional Development (13), Conference (12), Strategy (12), Job Task Analysis (11), Talent Development (10), Attracting Talent (10), Motivation (10), Succession Planning (10), Adult Education (10), Support (10), Operational Improvement (9), Recruitment (9), Youth (9), Knowledge Management (8), Mentoring (8), Retaining Talent (8), Restructuring (7), Skills Gap (5), Process (5), Skilled Talent (5), Financial (4), Building Relationships (4), Manufacturing (4), Talent Engagement (4), Young Professional (3), Turnaround Plan (3), Cash Forecasting (3), Internship (3), Leadership Development (3), Community Service (3), Employer Engagement (2), Industry Partnerships (2), EDSI History (2), Baby Boomers (2), Sales Lessons (2), TEGL (2), Memorandums of Understanding (2), One-Stop Center (2), 6σ Black Belt (2), Retention (2), On-the-Job Training (1), Manpower Development and Training Act (1), COABE (1), Transitions (1), Ex-Offender (1), Lockout Tagout (1), Safety (1), Transit (1), Leadership (1), Career Sculpting (1), Maslow's Hierarchy of Needs (1), Transitional Jobs (1), Job Training Partnership Act (1), Awards (1), Priority of Services (1), CAM (1), EARN (1), Learning (1), Comprehensive Employment and Training Act (1), WIA (1), Theory of Constraints (1), Skill Gaps (1), Cycle Counting (1), Inventory (1), ISO (1), Onboarding (1), Health and Human Services (1), Project Management (1), 35 Year Anniversary (1), Diversification (1), Community Based Organizations (1), ISPI (1), Golden Circle (1), Lending (1), ABL (1), Webb's Depth of Knowledge (1), Instructional Design (1), Economy (1), Recession (1), Change Management (1), SMART Goals (1), Skills Balance Sheet (1), Resume Writing (1)

Show more
Human Resources Today

EDSI helped us to identify needs, prioritize training objectives and use our limited budget more wisely. Equally important, they allowed us to support our decisions with hard data. EDSI provided me with a package I could use to help drive activities. David Wright; Director of Training - Metropolitan Atlanta Rapid Transit Authority

Message sent! Thank you for your feedback.

Message sent! Thank you for your feedback.

Feedback

Please let us know what you
think of our website!

 
Not good Great
Content:
Navigation:
Design:

Additional Comments