slide 1 working longer and smarter? the aging workforce ... · slide 8 characteristic 16y+ 16 -24...

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Slide 1 The Aging Workforce: Working Longer and Smarter? Barbara Silverstein, SHARP ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ Slide 2 ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ Slide 3 Vita Needle Finds Vital Employees Among the Elderly Workforce, Nov, 2000 by Caroline Louise Cole Of the 35 employees at Vita Needle, most on the factory floor are over 65. Many who spend their days turning slender rods of hollow steel into syringe needles are well into their 80s. These days, the average age at Vita Needle hovers around 76, but given the company's reputation for providing "work for life," that number edges up with each passing year, according to company president Frederick Hartman. "We didn't plan it this way, but we continue to hire senior citizens because it makes good business sense; we're not a charity," he said emphatically. "Our older workers have helped us build a strong company… It works. It really works." ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________

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Page 1: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 1

The Aging Workforce:

Working Longer and Smarter?

Barbara Silverstein, SHARP

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Slide 2

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Slide 3 Vita Needle Finds Vital Employees Among the Elderly

Workforce, Nov, 2000 by Caroline Louise Cole

Of the 35 employees at Vita Needle, most on the factory floor are

over 65. Many who spend their days turning slender rods of hollow

steel into syringe needles are well into their 80s.

These days, the average age at Vita Needle

hovers around 76, but given the company's

reputation for providing "work for life," that

number edges up with each passing year,

according to company president Frederick

Hartman.

"We didn't plan it this way, but we continue to

hire senior citizens because it makes good

business sense; we're not a charity," he said

emphatically. "Our older workers have helped

us build a strong company… It works. It really

works."

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Page 2: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 4

60

50

40

30

20

10

0

Population Pyramid

• From pre-history to pre-modern times

…and in some modern-day cultures…

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Slide 5 Some Modern Pyramids

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Slide 6 Some Modern Pyramids

One child policy starts 1979

Cultural Revolution 1966-76

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Page 3: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 7 Projected Change in Age of Population

by Age Group for Washington, 2005-2025

-50,000

0

50,000

100,000

150,000

200,000

250,000

300,000

0-4 5-9 10-

14

15-

19

20-

24

25-

29

30-

34

35-

39

40-

44

45-

49

50-

54

55-

59

60-

64

65-

69

70-

74

75-

79

80-

84

85

+

Source: Office of Financial Management

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Slide 8

16y+ 16-24 25-54 55+.Characteristic

% unemployed 27+ weeks 39.3 28.5 41.3 49.1

Median # weeks unemployed 19.6 14.4 20.6 26.7

Average# weeks unemployed 29.3 23.3 30.3 35.5

Once unemployed, older workers

tend to remain jobless for longer

than younger workers

Not seasonally adjusted

Labor Force Measures by Age, 2/2010

Source: Issues in Labor Statistics, BLS March 2010

Guess what? The recession is

still going on 3 years after this

report!

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Slide 9

http://www.bls.gov/spotlight/2008/older_workers/data.htm#chart_01

% change in employment by age

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Page 4: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 10

Jobs

%

25-34

%

35-44 Diff.Industry

Aerospace 133,640 7% 32% 25%

Urban Transit Systems 16,868 8% 25% 17%

Waste Treatment and Disposal 7,201 16% 31% 15%

Support Activities for Water

Transportation

13,008 13% 26% 13%

Instruments 18,636 19% 32% 13%

Transportation Departments 14,285 13% 25% 13%

Remediation and Other Waste

Management Services

12,647 14% 27% 13%

Water, Sewage and Other Systems 8,712 13% 26% 13%

Industries with Fewest Workers in the Pipeline,

Washington State (1st Quarter, 2004)

Source: Employment Security Department

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Slide 11 Skills Shortage

By 2010, as many as 60 percent of today’s experienced utility workers will retire. (April 2005 IBEW Journal )

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Slide 12 Looming Crisis in Health Care

• Large numbers of new workers will be required to meet the needs of an increasing and aging population.

• Average age of hospital caregivers is around 45… Lab workers 49.

• 70 percent of the [hospital] workforce will retire over the next 20 to 25 years

– 2002 report "Who Will Care for You?" by the Washington State Hospital Association and Association of Washington Public Hospital Districts

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Page 5: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 13

1 old / 5 young

1 old / 2.5 young

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Slide 14 Driving Forces

• Growing skills gap

• Growing dependency ratio

• Need for secure health insurance

between ages 50-65

• Decreased confidence in pension

security

• Growth of defined contribution

pension plans

•Increase in full retirement age

•Elimination of the retirement earnings test

•Elimination of mandatory retirementEarly signs of

response

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Slide 15 BusinessWeek’s Cover Story…

• “The logical

conclusion: raise

Social Security's

normal retirement

age incrementally

to 70.”» “Old. Smart.

Productive”

Businessweek:

JUNE 27, 2005

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Page 6: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 16 It is not really so rosy for older workers today

InsideCounsel: Business Insights for Law

Department Leaders March 19, 2012

Labor: Managing a down economy—The Older Worker Benefit Protection Act

How to avoid litigation when firing employees who are 40 or older

If terminate employee who is >40 or older, must provide

either a 21- or 45-day consideration period. Employee gets

at least 7-day revocation period.

If employee age >40, then provide employee with

information regarding the department, class or group of

employees considered for participation in the program,

criteria for selection in the program and any time limits

applicable to the program. Also, employers must provide job

titles & ages of all individuals in the decisional unit.

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Slide 17 Many work part-time after they officially retire

• 60% of workers estimate total value of

savings and investments < $25,000

• Today’s retiree is faced with self-

sufficiency and needs to work at least part

time “in retirement” to have enough to pay

the costs of living that were once paid by

someone else

Dos and Don’ts of Working After Retirement

CNBC 22 May, 2012

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Slide 18

10

12

14

16

18

20

22

1950 1960 1970 1980 1990 2000 2015 2025

Source: U.S. Bureau of Labor Statistics

pe

rce

nt

Percent of Workforce Aged 55+

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Page 7: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 19 Mean Isometric Strength - 25 Muscle Groups

Percent of Strength of 20-22 year-old Males

50

60

70

80

90

100

110

20 30 40 50 60

Age

Perc

en

t

Males

Females

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Slide 20 Prevalence of Chronic

Conditions

0

10

20

30

40

50

60

70

Pre

va

le

nc

<45 45-64 65-74 75

Age

Arthritis and Age

Men

Women

0

10

20

30

40

50

60

70

Pre

va

le

nc

<45 45-64 65-74 75

Age

Hearing Loss and Age

Data from National Health Interview Survey, 1995

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Slide 21 65+ years: NCHS data 2011

26% of those who had Medicaid/Medicare experienced

feelings of sadness for all, most or some of the time 30

days prior

13% who had Medicare

9% who had private health insurance

Had 14 bed days/person vs. 5 days for private

insurance and 6 days for Medicare only

Age positively associated with presence of at least 1

physical difficulty.

Those on Medicaid were 5 times as likely to have 1+

physical difficulties

54% with M&M coverage had fair/poor health (26% with

Medicare and 18% private insurance)

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Page 8: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 22 Median Days Away from Work Due

to Workplace Injury by Age, 2011

Age

Rate per 10,000

FTEs

Median Days Away

From Work

16_19 109.0 3

20_24 112.6 5

25_34 107.1 6

35_44 119.8 9

45_54 128.9 11

55_64 117.9 12

65+ 99.9 14

BLS 11/8/2012

Days away increase with age but

rates are more bell-shaped

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Slide 23 Figure 2a. Incidence of Compensable WMSDs

2001-2004 by Age: Males

0

50

100

150

200

250

14-18 19-24 25-34 35-44 45-54 55-64 65+

Rate

per

10,0

00

Agriculture

Construction

Health

Manufacture

Public Admin

Retail

Services

Transport

Wholesale

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Slide 24

Average Reported Claimant Age for Compensable

Workers' Compensation Claims Washington State

42

44

46

48

50

52

1977

1979

1981

1983

1985

1987

1989

1991

1993

1995

1997

1999

2001

2003

2005

Avg Age

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Page 9: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 25 Workplace Fatalities and Age

11.5

544

3.33.22.2

1.1

0

2

4

6

8

10

12

14

16-17 18-19 20-24 25-34 35-44 45-54 55-64 >64

Age

Rate

per

100,0

00 w

ork

ers

Source: NIOSH Worker Health

Chartbook, 2004, p 264

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Slide 26 Speed vs. Skill

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Slide 27

Strengths

Weaknesses

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Page 10: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 28

“If employers are to reap the benefits of the work ethic

and experience of older workers, they must design the

workplace of the future to meet their needs.” (AARP)

This…

Or this?

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Slide 29 Workplace injuries and age…

• Are younger or older workers safer on the job?

• What are some of the things that determine safety on the job?– Job design

– Job requirements

– Supervision

– Training

– Motivation

– Responsible behavior

• Which of these things can be changed or controlled?

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Slide 30 What are some of the things that

determine job performance and

productivity?

• Skills

• Experience

• Motivation

• Attendance

• Physical condition

• Mental condition

• Incentives and recognition

• Supervision

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Page 11: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 31 Meeting the needs of an

aging workforce• The work environment

– Ergonomics & human factors engineering

• The organization of work– Alternative forms of work organization

– Vocational rehabilitation and return to work

• The employee– Physical fitness and health promotion

– Training and skill development

• Social support– Community based support services

– Access to health care

– Protection from discrimination

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Slide 32 Specific Measures

• Precision and Fine Motor Control

Hand tremors make setting screws difficult

Fixture with cone shaped guides

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Slide 33 Specific Measures

• Precision and fine motor control

• Balance and postural stability

– Handrails

– Housekeeping

– Lighting

– Slip resistant materials

– Repairs and maintenance

– Color contrast

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Page 12: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 34 Specific Measures

• Precision and fine motor control

• Balance and postural stability

• Vision

– Increase general lighting level

– Good task lighting

– Reduce glare

– Increase contrast for important objects

– Enhance color discrimination

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Slide 35 Specific Measures

• Precision and fine motor control

• Balance and postural stability

• Vision

• Temperature regulation

• Hearing

– Redundant signals

– Reduced speed of speech

– Eliminate speech compression

– Amplifying devices

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Slide 36 Specific Measures

• Precision and fine motor control

• Balance and postural stability

• Vision

• Temperature regulation

• Hearing

• Strength, agility, flexibility, endurance– Use mechanical force

– Reduce repetition

– Allow recovery time

– Avoid static and awkward postures

– Job rotation and enlargement

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Page 13: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 37 Meeting the needs of an

aging workforce• The work environment

– Ergonomics & human factors engineering

• The organization of work– Alternative forms of work organization

– Vocational rehabilitation and return to work

• The employee– Physical fitness and health promotion

– Training and skill development

• Social support– Community based support services

– Access to health care

– Protection from discrimination

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Slide 38 Employer Programs to Support

the Needs of an Aging Workforce

18-44%

55-68%

0 20 40 60 80 100

Percent

Actually

Implementing

Know What Should

Be Done

AARP Survey of 400 Employers, 1998

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Slide 39 How would you “design the

workplace of the future” to meet the

needs of an aging workforce?

Action Area Specific policies,

programs and actions

The work environment Ergonomic program

The organization of

work

Quick breaks

The employee Wellness program

Social support Use of unique skill sets

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Page 14: Slide 1 Working Longer and Smarter? The Aging Workforce ... · Slide 8 Characteristic 16y+ 16 -24 25 -54 55+. % unemployed 27+ weeks 39.3 28.5 41.3 49.1 Median # weeks unemployed

Slide 40 Summary

• Older workers have a great deal to offer – if accommodations are made to compensate for natural declines in physical and cognitive capacity

• The consequences for not doing this will be significant; the benefits for doing it will be enormous

• Barbara Silverstein, MSN,PhD, MPH

• 360- 902-5668

[email protected]

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