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Survey finds older workers underappreciated in workplace

RP news wires, Noria Corporation
Is the workplace a fountain of youth for older workers or is it a necessary means to supplement meager retirement funds? According to a survey released April 26 by Randstad USA, a leading workforce solutions company, 91 percent of employed U.S. adults said they have not saved enough money for a comfortable retirement, and 40 percent expect to continue working after retiring from full-time work.

With Americans continuing to work past historical retirement age, the survey shows some possible compatibility issues with younger workers that employers need to be prepared to appropriately address. Three-quarters of experienced workers (ages 55 years and older) said they relate well to younger co-workers. However, only 56 percent of all employees surveyed said they relate well to older workers. In fact, a total of 77 percent said younger employees do not seek advice and guidance from employees over age 50. Furthermore, only 20 percent of workers believe their older co-workers energize them and bring new ideas to the table.

"Despite this disparity, the multi-generational workplace is mutually advantageous for employees and employers alike," said Genia Spencer, managing director of operations and human resources for Randstad USA. "Many of the advantages may not be readily apparent to the nation's employers who can benefit from the synergy of ideas and insight that younger and older workers jointly bring to the table."

While 90 percent of employed U.S. adults surveyed stated people over age 50 are "with-the-times," 70 percent actually think their company does not value older workers. Many older workers, on the other hand, think their companies are impartial to employees' ages. In fact, more than half of employed adults ages 55 and older agree that their company treats employees of all ages fairly (58 percent) and that their company values employees over age 50 (54 percent). That is a good thing, considering one-fifth (20 percent) of employed adults said they are older than their boss.

The following table outlines varying perspectives of how the oldest and youngest workers surveyed view each other in the workplace:

  Oldest Workers' Viewpoint              Youngest Workers' Viewpoint
   (age 55+)                              (ages 18-34)
  75 percent said they relate well       54 percent said they relate
   to younger co-workers                  well to older workers
  43 percent said they learn from        64 percent said they learn
   younger co-workers                     from their older co-workers
  54 percent said their company          25 percent said their company
   values employees over age 50           values employees over age 50
  42 percent said their younger co-      23 percent said their older
   workers energize them and bring        co-workers energize them and
   new ideas to the table                 bring new ideas to the table
  32 percent agreed that younger         22 percent agreed that
   employees seek advice and              younger employees seek
   guidance from employees over           advice and guidance from
   age 50                                 employees over age 50


Spencer offers the "ABCs" of how to bridge the generation gap among employees:

  - Avoid any age-based assumptions about employees and recognize that all
    of your colleagues will potentially bring different and insightful ideas
    to the table.
  - Be open-minded to learning new ways of doing things and be receptive to
    time-tested ideas.
  - Create an environment where all employees have a meaningful opportunity
    to contribute.  By fostering effective communication and collaboration
    with all of your colleagues, you may be surprised how many good ideas
    develop.

More than 1,400 U.S. employed adults were surveyed online by Harris Interactive for Randstad's survey on older workers. Throughout 2006, Randstad is commissioning Job Bites surveys on relevant and provocative workplace trends.

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