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|Membership Updates
Please join us in welcoming the newest members of the Living, Learning, and Earning Longer Collaborative, Children's National Hospital and Intermountain Healthcare! We are thrilled to have grown our network of employers to a total of 75 companies, and we’d love your help in getting us to 100 by the end of this year. Please email Jeff Gullo (jgullo@aarp.org) with names and contact information for anyone in your networks who would like to learn more about LLEL.
11 AM EST October 19, 2022: Collaborative Peer Learning Call. Don’t forget to join us for LLEL’s October meeting. Register here.
| AARP Insights & Resources
  • Older Americans Are Rethinking Work and Life. July 2022. Amidst headlines about the Great Resignation, AARP CEO Jo Ann Jenkins recognizes that, for many, the decision to leave their jobs early was never just about work. She writes that we are witnessing a Great Reflection that is far from over. It may take years before we fully understand its long-term impact on the way we live. What we do know is that it has led many of us on a newfound search for meaning in our lives.

  • Financial Need Influences Work in Retirement for Older Adults. July 2022. Retirement is no longer synonymous with ceasing to work. 42% of adults age 50-plus either are working in retirement for financial reasons or expect to do so. Over half (57%) of all non-retirees age 50-plus expect to work in retirement. As we live and work longer, the way older workers experience retirement is shifting.

  • Age Discrimination Among Workers Age 50-Plus. July 2022. The third survey in the AARP Work & Jobs Data Series demonstrates that age discrimination continues to create obstacles to getting hired. Over half of recent job seekers reported being asked their birth date during the application or interview process, and 93% of workers age 50-plus believe age discrimination in the workplace is common. As a result, there is strong support among older workers for strengthening the United States’ age discrimination laws. 

  • AARP Targets Employee Wellness Programs in New Bias Complaint. Reuters, July 2022. AARP is challenging a construction company’s policy that workers who decline to join an employee wellness program and submit to medical screenings pay thousands of dollars in additional insurance premiums. AARP filed a complaint with the Equal Employment Opportunities Commission (EEOC) on behalf of an employee of the company who claims the policy violates the Americans with Disabilities Act.

| Other Multigenerational Workforce News and Resources
  • Workplace Diversity & Inclusion: Why it Matters and How You Can Promote it. Randstad, August 2022. Workplace diversity and inclusion has become a crucial consideration for employers. It’s also a rapidly changing, increasingly nuanced concept. Randstad has produced an in-depth guide looking at the various stages involved in creating a truly diverse workplace. The guide explores how this subject relates to your bottom line and why diversity and inclusion can be difficult to achieve.

  • Older Employees' Retirement Expectations Face Headwinds. SHRM, July 2022. Given current economic uncertainty, many older workers are losing confidence in their retirement outlooks. Rising inflation and declines in the stock market have taken heavy tolls, causing many to reconsider or delay retirement. Since workplace retirement plans are one of the primary ways that workers save for retirement, employers should consider ways to provide retirement resources, tools, and technology for employees to help them make more informed decisions about their retirement plans.

  • Can Blind Recruitment Encourage Applications from Older Workers? ILC, July 2022. It’s no secret that recruitment is currently hard. Younger and older workers fell out of work during the early parts of the pandemic. Younger people have mainly returned to the labor market, but the growth in older people in work has stalled. ILC decided to test the effect that a blind recruitment platform could have on the hiring process. Although they received fewer applications, individuals that did apply were more diverse and a better fit for the role. 

  • State of the Workplace Financial Benefits Study. Morgan Stanley, 2021. Morgan Stanley’s State of the Workplace survey of 1,000 U.S. employed adults and 600 HR executives determined that employees are facing financial distress and want help; that equity compensation can drive loyalty and satisfaction; and that financial wellness offerings are a competitive advantage. Employees are struggling financially in the wake of the pandemic, providing an opportunity for employers to step in with offerings that reduce stress, boost confidence, and improve performance. 

     

| About the Living, Learning and Earning Longer (LLEL) Collaborative

The Living, Learning and Earning Longer Collaborative (LLEL) works with global companies to refine the business case for age diversity and highlight promising practices from around the world. With the World Economic Forum (WEF) and Organisation for Economic Co-operation and Development (OECD), AARP is considering the complexities of the multigenerational workforce in the context of an organization’s recruitment and retention practices, flexible work and caregiving benefits, lifelong learning, and training and assessment procedures. To learn more, visit Growing with Age: Unlocking the Power of the Multigenerational Workforce, LLEL's digital learning platform which offers tools—including the latest research that makes the business case for age diversity—to help employers build, support and sustain multigenerational workforces.

If your organization has not done so already, we highly encourage joining the AARP Employer Pledge Program. This program connects a nationwide group of employers that stand with AARP in affirming the value of experienced workers and is committed to developing diverse organizations. Learn more about signing the pledge.

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