Kerry Hannon Shares Advice On Touchdown A Job After 50

27 Nov 2018 07:45

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<p>Time was, your working life ended with a carriage clock and a state pension on your 60th birthday. Not. For today’s fiftysomething (and even fortysomething), the world of labor — and past — is a way more precarious place, characterised not by the gracious mentoring of respectful youthful staff but the ever-present fear they’ll shortly substitute you. For much less money and with higher tech abilities.</p>

<p>Although no agency will admit it, ageism in the office is an undeniable reality: in 2016, the last year for which figures can be found, the redundancy rate among over 50s hit a report high. Whereas the number of people made jobless total has fallen lately, the proportion of over-50s redundancies has risen sharply — a shocking one in three folks made redundant in the present day is 50 or older.</p>

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<p>In a fast-transferring digital world, experience counts for lower than technological savvy; indeed, in some industries, the extra experience you've gotten, the ‘staler’ you appear to recruiters. Recent analysis found that staff aged 49-51 acquired 19 per cent fewer responses to job functions than these aged 29-31. Older nonetheless and the odds recede further.</p>

<p>These aged 64-sixty six had 35 per cent fewer replies. For girls this can lead to actual hardship. Enter Kerry Hannon, a world-renowned expert on midlife work. A firm believer in the expertise of 50-plus ladies, she has spent two many years researching and writing concerning the world of work and the older woman’s place in it. What we all want to begin planning for, she says, is our ‘encore career’, a second — typically more meaningful — act to our working lives. ‘Landing a job after 50 does take analysis, soul-looking and swagger,’ she says, but it’s perfectly possible — indeed desirable — to start a brand new career in midlife.</p>

<p>So here, in an extract from Kerry’s brilliant new e book, is how you do it . Don't dive right into a second career on a whim. Whenever you turn 50, begin planning for an encore profession you might kick off in another 5 years. Considering a few second act forces you to confront how for much longer you’re going to have to work, and that adjustments the equation about what you need to do. If you’re going to work for 2 extra a long time, it is advisable love that job.</p>

<p>Look inside: What am I greatest at? What do I love to do? What don’t I prefer to do? What was my childhood dream? Ask friends and colleagues, too. They might see issues you’re innately good at that you are taking for granted. Form up your monetary life. Starting once more can imply a pay minimize or forking out for the cost of a fledgling enterprise or training. It’s sensible to have a cushion of six months’ pay or extra to cover residing expenses, in addition to unexpected emergencies, whilst you make the transition. Can you set the mortgage on a lower charge?</p>

<p>Pare again spending elsewhere? However remember to maintain your hand out of the cookie jar. It’s tempting to dip into retirement accounts and tap residence fairness and other financial savings. Don’t be tempted to jeopardise your retirement safety. Apprentice, volunteer or moonlight. Do your self a favour — do the job first.</p>

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