This Week's Herman Trend Alert Women---Expanding their Sphere of Influence

The Herman Trend Alert October 9, 2002 No More Retirement Retirement, as we know it today, is disappearing. Until recently, most people have invested their working lives with the objective and expectation of retirement in their fifties or sixties. The dream had been to spend time traveling the world, playing with grandchildren, or just doing little chores around the house. No more working for someone else; all your needs would be paid for with the money saved for retirement years. A number of factors suggest that we are seeing the end of this kind a retirement picture. Instead, people will continue to work, at least part- time, for many more years. Relatively few people will enjoy full retirement, but many will find new ways to enjoy partial retirement---a different kind of slowing down. Older workers will remain active in the workforce-on a part-time or full- time basis-into their seventies or later. Some will remain in their career positions, staying longer than they ever imagined they would. Others will retire from their career positions and move into other jobs in the same or different fields. A number of "second season" workers will leave employment to start their own businesses. With the average life span in developed countries now almost eighty years, someone "retiring" at 55 has another twenty years of career life available. There will be a critical need for mature workers. Their wisdom and experience will hold high value for enlightened employers eager for reliable, stable, productive employees. The labor shortage (see www.impendingcrisis.com) will create all sorts of opportunities for talented seniors. Respected for what they have already accomplished, many will serve as coaches or mentors to younger colleagues. Personal values will inspire many 50+ workers to continue working. This generation has a core value of being productive members of society. Stopping work may be in conflict with that value. Retirement will be out of the question for those who have not saved enough to pay their way. They'll have to continue working to pay the bills. The stock market drop made this decision for a lot of retirement-bound workers. Shifts in retirement will change many lives. © Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." EMPLOYERS AND JOBSEEKERS: MARK YOUR CALENDARS Advertise at or attend VetJobs Virtual Career Fairs. VetJobs, the top veterans' job board, and PSI, the premier diversity job fair producer, are teaming up to launch these VeteransCONNECT events. Employer registration is now open with loading by February 15th. Candidate loading begins March 1st. Expect 25-30 employers and an attendee goal of 2,000 skilled jobseekers. Promoted extensively, early registration begins NOW. To register or request additional information, contact VetJobs at 877-838-5627 or email info@vetjobs.com; Employers: Mention the Herman Trend Alert to receive a Bonus. LOOKING FOR A UNIQUE VALENTINE’S GIFT? Give the gift of leadership advice in our weekly Lessons in Leadership to help your supervisors and managers remind your leaders about what’s really important The 52-week subscription is only $47, a bargain when you think about the savings to your organization in reduced turnover. Quantity discounts available by emailing Joyce at joyce@hermangroup.com. http://www.hermangroup.com/store/subscription_all.html#3 Order today! PREVENT EMPLOYEE TURNOVER IN 2012 Yes, you can prevent costly employee turnover, when you train your supervisors, managers, and executives. They will learn dozens of low and no-cost strategies and tactics that they can implement right away. We have an impressive track record and stand ready to help you. Call Carl at 336-210-3547 for a no-obligation conference call. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

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