encore careers powerpoint final read only

Kate Schaefers, Ph.D., LPJean Tollefson, M.S., N.C.C.

Encore Careers: A New Working Identity in

the Second Half of Life

Today’s SessionToday’s SessionDefinition of an Encore CareerFactors that Contribute to Growth of

Encore CareersCurrent Trends Future Outlook – Career Fields with

Encore Growth PotentialResources

© Schaefers & Tollefson 2010 2

““Ancora Imparo”Ancora Imparo”

© Schaefers & Tollefson 2010

Drawing of Michelangelo by Voltera

3

Definition: Encore CareersDefinition: Encore Careers

Purpose driven Work in the Second Half of Life.

◦Work that combines income, personal meaning, and social impact.

◦Employment in fields such as education, social service, government, health, environment

~ Marc Freedman, author of Encore: Finding Work that Matters in the Second Half of Life



“Instead of the freedom FROM work, they are searching for the freedom TO work, instead of saving for a secure retirement, they are underwriting an encore career.”

~ Marc Freedman (2007). Encore: Finding work that matters in the second half of life.

Discussion Questions:Discussion Questions:Think of a person you know who

has continued to work (paid or unpaid) into the later years.◦What characteristics come to mind when you think of this person?

◦What impact has this person’s life choices had on you?


The NumbersThe Numbers5.3 million to 8.4 million people have moved

from midlife careers to “Encore” careers.

This represents 9.5% of the 44-70 age population.

Additional 44.7% were interested in Encore Careers.

© Schaefers & Tollefson 2010 7Source: Encore Career Survey, 2008

Encore Careers:Encore Careers:Factors Fueling The GrowthFactors Fueling The Growth

Changing Nature of Work◦ Changing Career Paths◦ Redefined Concept of “Retirement”

Bonus Years of VitalityPsychological Factors that are part of the

Midlife JourneyReality of NEED and DESIRE to work into

the later years.

8© Schaefers & Tollefson 2010

Old View of Career PathOld View of Career Path


PREPARE

•Education•School•Training

IMPLEMENT

•Work

REFLECT

•Retirement•Leisure

Adapted from Bolles: The Three Boxes of Life

Age

New View of Career PathNew View of Career Path


PREPARE

IMPLEMENT

REFLECTAge

History of RetirementHistory of Retirement


1900’s 1930’s 1960’s TODAY

Social Security Act of 1935

Bonus Years: Bonus Years: Life Expectancy for People at Age Life Expectancy for People at Age 6565

1940 TodayBonusMen 77 years 81 years 4 years

Women 78 years 84 years 6 years

Average 68 years 62 years

Retirement

Age


Second Half of Life: Second Half of Life: A Whole New Life StageA Whole New Life Stage


20-30 years long

Healthy & active

Work continues

Includes life long learning

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Psychological Factors – Psychological Factors – Shifting VisionShifting Vision

Presbyopia◦Age related changes

to our vision◦Usually occurs in our

40’s.◦We become more far-

sighted.

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Psychological Factors–Psychological Factors–Shifting VisionShifting Vision

Shifting Inner Vision◦Reflection◦New Perspective◦Seeing the world

with new eyes.

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The Second Half of Life -The Second Half of Life -Shifting Values and PurposeShifting Values and Purpose

External expansiveness

Endless timeInfinite optionsDenial of deathExpecting life to

happen

Internal clarityLimited time leftLimited choicesPersonal certitudeAccepting life as it

happens

First Half Second Half

Frederic Hudson, Ph.D. (1999) The Adult Years: Mastering the art of self renewal.


Developmental Tasks: Second Half


Finding meaningGiving backBuilding a legacyPassing on practical wisdomRediscovering wonderPlayBreaking the rules

See Erikson, Chinen, Vaillant, Hudson and McLean, Cohen - this information is from “Life Planning for the 3rd Age”, a project spearheaded by Civic Ventures 2004, p. 15.

Meaningful WorkMeaningful Work

“The pitcher cries for water to carry

And a person for work that is real.”~ Marge Percy

18 © Schaefers & Tollefson 2010

Work Trend: Working Work Trend: Working RetirementRetirementBaby Boomer Work Plans

AARP found 79% plan to work at least part time during retirement.

Merrill Lynch study found 76% plan to work in retirement.o 56% are interested in going into a completely new

career.o 13% plan to start a new business.

Reasons for work include health and finances, also psychological reasons – social connection, sense of identity, daily structure.


BOOMERS:BOOMERS:Alternative Ways to WorkAlternative Ways to Work

Cycle betweenwork & leisure 42%Work part time16%Start own business13%Work full time 6%

Never work for payagain 17%Other


Merrill Lynch New Retirement Survey (2005) 3448 respondents age 40-58

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People Entering Encore People Entering Encore CareersCareers

Want to stay active and productive

Enjoy challenge

Interested in working for the common good

Want to use skills & experience to help others

Looking for flexibility

Often motivated by practical reasons - income and benefits

Encore Career Survey 2008 21© Schaefers & Tollefson 2010

Candidates for Encore Candidates for Encore CareersCareers“Yearning” for something more.

Thrust into a career change (layoff, early retirement) but needs & wants to work.

Dissatisfied with his or her current life and wants to find a new direction.

Has a dream that calls for action.

Focused on making the next stage of life the BEST stage of life.


Encore Career PathsEncore Career Paths

◦Career Recycler◦Career Changer◦Career Maker

23© Schaefers & Tollefson 2010Source: Freedman, M (2007). Encore: Finding work that matters in the second half of life.

Career RecyclerCareer Recycler

Build on expertise in one field to transition to another.

Explore transferrable skills.


http://www.encore.org/prize/nominate?ref=candidatepage.cfm?candidateid=4765

Timothy Will, 2009 Purpose Prize Winner

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Career ChangerCareer Changer

Start a Different Career

Return to School

Retool to enter a new career


http://www.youtube.com/watch?v=g9IwILEir_Y&feature=player_embedded#

Sharon White’s Story – Becoming a Teacher

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Career MakerCareer MakerFind ways to turn a

lifelong interest into a job.

Explore interest areas that might have business potential.


Arlene Blum, 2008 Purpose Prize Winner

http://www.encore.org/prize/nominate?ref=candidatepage.cfm?candidateid=3527

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Explore Work Explore Work OpportunitiesOpportunities

What FIELDS might be a good fit?

What CAUSES inspire and motivate action?

What JOBS are available?

What ROLES might be created, even if there isn’t a job open?


Explore FieldsExplore Fields


Explore FieldsExplore Fields


University of St. Thomas SPAN Program

MAP for Nonprofitswww.mapfornonprofits.org

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Explore Causes: Explore Causes: Nonprofit Sector AreasNonprofit Sector Areas

Arts, Culture, HumanitiesEducationEnvironment & AnimalsHealthHuman ServicesInternational/Foreign AffairsPublic & Societal BenefitMutual/Membership Benefit

National Taxonomy of Exempt Entities © Schaefers & Tollefson 2010 30

Causes: Encore JobsCauses: Encore Jobs


Explore Causes: Explore Causes: ResourcesResources

EnCorps


Discussion QuestionsDiscussion QuestionsHandout: Connecting with an Encore Handout: Connecting with an Encore CareerCareer

Choose one Encore Pathway to explore.◦Career Recycler, Career Changer, Career Maker

Answer the questions on your handoutDiscuss your thoughts in small groups.

◦What is most exciting about exploring this possibility?

◦What is most frightening about exploring this possibility?

© Kate Schaefers, Ph.D., LP

The Job OutlookThe Job OutlookReport released in 2010

◦ Examined Projected Economic Growth in Conjunction with Population Demographics

Looks at projected labor shortages in key areas

Outlines how Encore Careers will play an important role


http://www.encore.org/files/research/JobsBluestonePaper3-5-10.pdf

After the Recovery: Key After the Recovery: Key FindingsFindingsU.S. Population is Aging

◦ Those age 55 & up increasing at more than twice the rate as those 20-54.

The Economy will Recover and Grow. ◦ From 2008-2018, even with modest estimates, economy

will create 14.6 million new nonfarm payroll jobs.

Given Current Trends (labor force participation, immigration), the U.S. will experience a Labor Shortage.

If Boomers retire at rates of past generations, by 2018 we can expect 5.0-5.7 million jobs going unfilled due to labor shortages.


“Instead of workers jockeying for jobs by enhancing their skills to gain the approval of employers, we may find that employers are forced to find ways to enhance their jobs to attract older workers to fill them.”

~ After the Recovery: Help Wanted, p. 5


Social Sector: Promising Social Sector: Promising GrowthGrowthHealth Care & Social Assistance (3.9 million)Educational Services (806,000)Nonprofit Community & Religious

Organizations (379,000)Performing Arts (9,000)Museums (29,000)Libraries (5,000)Local, State & Federal Government (1.6

million)Bureau of Labor Statistics project 6.9

million new jobs in Social Sector by 2018


Social/Government Sector Social/Government Sector Sampling of Job Growth FieldsSampling of Job Growth Fields

Primary, Secondary & Special Ed Nursing related (Home Health & Care Aids, Nursing Aids,

Orderlies, & Attendants, Medical Assistants, Licensed practical & vocational nurses)

Business Operations specialists General & Operations managers Child Care Workers Teacher Assistants Receptionists & Information Clerks Medical & Health Service Managers Clergy Social & Human service assistants Maids & Houskeeping cleaners Educational, Vocational & School Counselors Computer Support Specialists


Encore Transition GuidesEncore Transition GuidesTOP 5 ENCORE JOB FIELDSEducationHealth careEnvironmentGovernmentNonprofit

http://www.encore.org/work/prepare


Transitioning to Encore Transitioning to Encore Careers: Encore FellowsCareers: Encore Fellows

The Silicon Valley Encore Fellows program

Yearlong, paid Encore Fellowships

Placements of business people in nonprofit organizations


http://www.youtube.com/watch?v=s_lCljtvDWY

Transitioning to Encore Transitioning to Encore CareersCareers

Midternships!◦ Internships for people 50 & over who want to

transition into a different line of work◦ Pilot Program, Partnership between Minnesota

Department of Employment & Economic Development (DEED) & SHIFT

◦http://shiftonline.org/Home.aspx


Explore JobsExplore JobsEncore.orgISEEK.orgPrimecb.comWorkforce50.comExperienceWorks.orgPrimecb.comRetirement Jobs.comExperienceCorps.orgAARP.org


Explore ConnectionsExplore ConnectionsEncore.orgShiftonline.orgEarthcouncils.orgVital-aging-network.orgLearninglife.umn.eduMynextphase.comNewprimetime.comEmptynestmoms.com


Encore Careers: Encore Careers: In Context of Healthy AgingIn Context of Healthy Aging

Holistic living is important as we age.

Focus on creating a LIFESTYLE that promotes balance and well being.

Recognition that work remains an important part of living a full and integrated lifestyle into the later years.


Define a Second Half Define a Second Half LifestyleLifestyle

How do I want to live my life at this point?

What are my priorities?

What am I doing right now to support my priorities?

What changes do I want to make to better reflect these priorities?

How can I create a holistic lifestyle that reflects who I am and how I want to live?


Creating a Lifestyle of Creating a Lifestyle of Balance and Well-BeingBalance and Well-Being

MIND: How can I appreciate and share my wisdom?

BODY: How can I develop a lifestyle based on wellness?

HEART: How can I nurture a sense of belonging in my life?

SOUL: How can I connect with my sense of purpose in life?


Encore Careers and Holistic Encore Careers and Holistic LivingLiving

Offer opportunities to draw on our WISDOM

Allow room for balance and attention to WELLNESS

Help us connect in meaningful ways with others and instill BELONGING

Connect us with work that promotes a sense of PURPOSE


Contact InformationContact Information

Kate Schaefers◦www.encorelifeplanning.com◦[email protected]

Jean Tollefson◦[email protected]

Soon to be launched:www.authenticrenewal.com


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