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» babble   » walking the talk   » labour and consumption   » Older workers and all that talk about the need to push back retirement

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Author Topic: Older workers and all that talk about the need to push back retirement
Jumble
rabble-rouser
Babbler # 7453

posted 19 February 2005 08:58 PM      Profile for Jumble     Send New Private Message      Edit/Delete Post  Reply With Quote 
There is a lot of talk about how ageing workers should remain in the workforce. Apparently. it's not realistic anymore to aim to retire at 55 or even 60. It is said that older workers have experience and valuable knowledge and should keep working. Economists and business executives just say retirement costs too much.

Curiously, I don't see employers adjusting to this so-called need to keep older workers working longer. If it's so important, why isn't anything done to make this option more attractive?

If our knowledge and experience is so valuable as we age, then why are older workers often overlooked for new challenging work opportunities and promotions? Why are older workers' efforts to change jobs and to do something different and more challenging usually met with indifference and closed doors?

And if older workers can't get promotions or new work opportunities, then why, at the very least, aren't they allowed to cut back on the number of hours per day or days per week that they have to work? If econonists, governments and big business want to keep older workers from retiring at 55, then why aren't they doing anything to make postponing retirement more attractive?

What are your ideas about this? What would make you postpone your retirement? What would make it easier for you to work past 55 or 60? What do you think should be done to accommodate older workers who are willing to postpone their retirement?

[ 19 February 2005: Message edited by: Jumble ]


From: Gatineau (Québec) | Registered: Nov 2004  |  IP: Logged
Cougyr
rabble-rouser
Babbler # 3336

posted 19 February 2005 09:20 PM      Profile for Cougyr     Send New Private Message      Edit/Delete Post  Reply With Quote 
quote:
Originally posted by Jumble:
Economists and business executives just say retirement costs too much.

That's a switch. When I was downsized the rationale was that keeping us working cost too much.

For most older employees, the issue is entirely about whether or not retirement is affordable. My employers gave us a pension, a bridge until we reach 65, and a very good benefits package. Frankly, it would have been stupid to keep working. That's not universal, however. Some employers dumped employees with very little. Some employees, for one reason or another, haven't saved enough. Others are afraid to retire; it's a big leap into the unknown. And some geezers just like working; my hats off to them.


From: over the mountain | Registered: Nov 2002  |  IP: Logged
Jumble
rabble-rouser
Babbler # 7453

posted 19 February 2005 10:13 PM      Profile for Jumble     Send New Private Message      Edit/Delete Post  Reply With Quote 
I remember all the downsizing and how people were practically pushed out the door. One co-worker was told that either he accepted the "golden package" he was being offered and "voluntarily" retired early or they would just cut his position later with none of the extra money. This was all said behind closed doors of course. They were ruthless. This guy was an office clerk and made a modest salary. It was pretty sad.
From: Gatineau (Québec) | Registered: Nov 2004  |  IP: Logged

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