Employers are starting to hear us!
Three recent reports highlight careers desired by moms,
retirees. Employers are starting to listen.
• Nearly 75% of non-retired Americans say they plan to rely on income from
part-time work after they “retire,” to help fund their golden years. 21% of this
group says part-time work will be a major source of income for them.
• 27% of current retirees fully retired at age 65 or older. 57% of non-retirees
say they will fully retire at 65 or older. These differences reflect changes in Social
Security laws, but may also include changes in societal norms or the financial
needs of retirees.
In her book “Off-Ramps and On-Ramps,” author Sylvia Ann Hewlett found that
employers are missing a huge talent pool by not creating positions for women who
voluntarily leave the workplace:
• On average, women “off-ramp” from the labor pool for 2.2 years.
93% of them are trying to re-enter.
• 45% of women “off-ramp” to spend more time with their children.
24% do so because of an elder care crisis. A full 31% leave the workforce for
non-caregiving activities.
Hewlett found that several large firms like Booz Allen, UBS, Ernst & Young, and
Time Warner are creating programs to help women succeed as flexible-schedule
employees. A Tuck Executive Education at Dartmouth et al study (http://www.aquent.com/docs/pdfs/Aquent_Tuck_Career_Pathways_Survey.pdf)
found:
• Even though 85% of hiring managers said it was important to expand their employee
recruitment pool, only 34% hire those seeking flexible work options.
• Within the next ten years, 85% of corporations said they would expand their
recruitment strategy to include project-based staff and former employees who had
left the workforce.
45% of these companies are currently utilizing this technique.
Aquent, the world's largest marketing staffing firm and one of the study's sponsors,
is drawing from the at-home pool as a new source for its interim staffing programs.
I am confident that the reports’ findings will help open employers’ eyes to the
“treasure trove” of talent that is not currently being tapped. With 78 million Baby
Boomers becoming retirement age-eligible, and only 49 million Gen Xers behind
them to fill their shoes, employers must be more creative with how and whom they
hire.
This data helps to reinforce the mission of MyPartTimePRO.com. One of our goals
is to educate employers about the pool of talent they are not tapping into by creating
positions that provide little work/life balance. Then we aim to link these enlightened
employers with this wealth of "employee resources."
If you come across any interesting studies, additional information/articles/books or
companies that proactively recruit employees who require a work/life balance, please
share them with me. The more success stories we have, the easier it will be to inform
future employers.
Thank you!
Ilyse Shapiro
Founder, MyPartTimePRO.com
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