{"id":1154,"date":"2016-09-28T09:16:37","date_gmt":"2016-09-28T17:16:37","guid":{"rendered":"http:\/\/www.checkworks.com\/blog\/?p=1154"},"modified":"2016-09-28T09:16:37","modified_gmt":"2016-09-28T17:16:37","slug":"does-the-big-40-mean-youre-fired","status":"publish","type":"post","link":"https:\/\/blog.checkworks.com\/index.php\/does-the-big-40-mean-youre-fired\/","title":{"rendered":"Does the Big 40 Mean &#8220;You&#8217;re Fired&#8221;?"},"content":{"rendered":"<p><a href=\"https:\/\/www.checkworks.com\/blog\/wp-content\/uploads\/2016\/09\/bigstock-young-creative-startup-busines-130939463.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1155 size-large\" src=\"https:\/\/www.checkworks.com\/blog\/wp-content\/uploads\/2016\/09\/bigstock-young-creative-startup-busines-130939463-1024x684.jpg\" alt=\"young creative startup business people on meeting with older senior mature businessman at modern office making plans and projects with post stickers on glass\" width=\"625\" height=\"417\" srcset=\"https:\/\/blog.checkworks.com\/wp-content\/uploads\/2016\/09\/bigstock-young-creative-startup-busines-130939463-1024x684.jpg 1024w, https:\/\/blog.checkworks.com\/wp-content\/uploads\/2016\/09\/bigstock-young-creative-startup-busines-130939463-300x200.jpg 300w, https:\/\/blog.checkworks.com\/wp-content\/uploads\/2016\/09\/bigstock-young-creative-startup-busines-130939463-768x513.jpg 768w, https:\/\/blog.checkworks.com\/wp-content\/uploads\/2016\/09\/bigstock-young-creative-startup-busines-130939463-624x417.jpg 624w\" sizes=\"(max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p>According to Bloomberg TV, the median age of the U.S. worker is 42. In the established tech industries, the median age is around 31 and, in tech startup companies, it drops to around 22.<br \/>\nMany of us who have passed our 40th birthday feel it was a watershed moment when we came into our own. We will tell you, \u201cAt 20, we knew it all; at 30, we realized we didn\u2019t; and, at 40, we had gained enough maturity to know that the more we thought we knew, the more we had to learn.\u201d Yet today, 40 can signal the approaching end of a career. What\u2019s wrong with this picture?<br \/>\n<!--more--><br \/>\nThe same progression of enlightenment, in theory, should drive employers to seek seasoned employees. However, what younger employees lack in experience, they make up for by contributing to a heftier bottom line via their entry-level salaries. Costly, older employees have to prove their worth every day and compete against the enthusiasm of youth.<\/p>\n<p>Tech employees aren\u2019t alone. Those in other industries are growing worried. And every industry has become a tech industry\u2014driverless cars, personal drones and smart kitchen appliances have all left the drawing board. Many are in the testing phase, and some are already on the shelf.<\/p>\n<p><strong><span style=\"font-size: 12pt;\">What About Protection Against Age Discrimination?<\/span><\/strong><br \/>\nIn companies of more than 20 employees, the Age Discrimination in Employment Act of 1967 protects employees and prospective employees 40 and older from discrimination based on age.<\/p>\n<p>That looks great on paper, but translating it into real-world application is like finding your way out of a corn maze. It\u2019s easier to develop a plan for hanging onto your current job rather than relying on age protection. Another option is to devise a Plan B\u2014and act on it before your job is history.<\/p>\n<p><strong><span style=\"font-size: 12pt;\">Read the Signposts Along the Way<\/span><\/strong><br \/>\nA couple of weeks ago, I ran across a Bloomberg Businessweek article entitled \u201cIt\u2019s Tough Being Over 40 in Silicon Valley.\u201d A few days later, I found an article on LinkedIn entitled \u201cNo One in Tech Will Admit that They&#8217;re Old.\u201d The latter\u2019s richest content comes from the readers\u2019 comments, and I urge you read them.<\/p>\n<p>As soon as I read the first article, I fired off an email to a couple of former (brilliant) Microsoft employees who are also past business associations of mine. We\u2019re all past the dreaded 40- mark, so I wrote to ask their opinions.<\/p>\n<p>What I received in return was an earful (or eyeful, in the case of email). Each wrote a tome; in the end, each has survived by reinventing himself before the need arose. Each is intuitive enough to recognize the signposts along the way and smart enough to react to them by taking action instead of burying his head in the sand.<\/p>\n<p>One of my friends is in no danger of \u201caging out.\u201d Most of today\u2019s generation isn\u2019t qualified to compete with his specialized knowledge. The other one still works in tech and has valuable connections that have kept him safe so far\u2014but he \u201ckeeps his head down\u201d at work, and he worries. He\u2019s no fool; he has a solid Plan B in his pocket.<\/p>\n<p>Learn to read the signposts and don\u2019t let them immobilize you. Let them energize you because living well is the best revenge against circumstances as well as against people.<\/p>\n<p><strong><span style=\"font-size: 12pt;\">What\u2019s a 40+-Year-Old to Do?<\/span><\/strong><br \/>\nWe couldn\u2019t decide if we were amused or aghast at the lengths to which some have gone to keep their jobs. Some have increased their knowledge to keep current in their field. Others have learned the lingo of the young and begun to dress age appropriately (read younger) for their workplace. The outliers have gone under the knife for plastic surgery. My contacts and I have relied on sharpening our knowledge rather than succumbing to a scalpel.<\/p>\n<p>Over-40s have three sensible options:<\/p>\n<ul>\n<li>Become indispensable in your current business, industry and\/or position.<\/li>\n<li>Use what you\u2019ve learned and the connections you\u2019ve made to find a related job.<\/li>\n<li>Reinvent\/reorient yourself for a new career.<\/li>\n<\/ul>\n<p><strong>Self-education:<\/strong> There was a time when companies offered continuing education perks in the workplace. Today, companies have to squeeze in a myriad of government-mandated training, which leaves little time for work, let alone continuing education. Employers expect low-level employees to come armed with extensive knowledge\u2014it\u2019s written into the job descriptions. Massive Open Online Courses (MOOCs) have replaced on-the-job continuing education. Most are free, and they\u2019re offered through universities and through other online outlets.<\/p>\n<p><strong>Blend in or be bold:<\/strong> Look around you. What do people in your workplace talk about? What do they wear? If you want to stay, you\u2019ll have to either fit in or take your own path with extreme confidence. When my father was in the hospital a few years ago, there was one nurse who wore an old-fashioned uniform\u2014complete with white hose, white nurse\u2019s shoes, cap and pin. To visitors, she was an oddity. People snickered, but I learned that she was highly respected by the entire hospital staff even though she didn\u2019t fit the current mold. That takes confidence and, more important, substance to back it up.<\/p>\n<p><strong>Plan B\u2014Think Outside the Box<\/strong><br \/>\nOver-40s have a wealth of experience and wisdom from which to draw; traits that take time to cultivate. Many who find themselves squeezed out of a job return to their former employers as consultants. Why? Because of their experience and wisdom. On a per-hour basis, consultants make more money after taxes, but they work fewer hours for each client.<\/p>\n<p>You\u2019ve seen transitions in your job and in your industry. Can you name even one person who has embraced the change in the beginning? How many people do you know who say, \u201cI\u2019m going to be one of the first with a driverless car\u201d? (No one in his or her right mind.) Consultants often focus on helping people and businesses through the transition phase. But, you have to get in front of the change in order to provide value to your clients. That\u2019s how MOOCs can help you get ahead of the pack.<\/p>\n<p>Between 2000 and 2010, the U.S. Census (Table 1) found the population of 45\u201364-year-olds in the United States grew by 31.5 percent. The 65+ demographic grew by 15.1 percent. If you\u2019ve got an idea that you can turn into a product or service, here\u2019s your growing market.<\/p>\n<p>Finally, I remembered the clich\u00e9, \u201cThose who can\u2019t, teach.\u201d What a wonderful consulting opportunity this provides for someone who has lost a job to a younger employee! If you want to keep up with current trends (and you\u2019d better if you want to \u201cstay young\u201d), you can help those over-40s who want to keep their jobs and\/or help those who can read the signposts but don\u2019t know how to react to them.<\/p>\n<p>If you\u2019re willing to think outside the box, you can write your own ticket\u2014and if you own a company, you can position your company for the changes that lie ahead, even with an older employee base.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Bloomberg TV, the median age of the U.S. worker is 42. In the established tech industries, the median age is around 31 and, in tech startup companies, it drops to around 22. Many of us who have passed our 40th birthday feel it was a watershed moment when we came into our own. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81,30],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.checkworks.com\/index.php\/wp-json\/wp\/v2\/posts\/1154"}],"collection":[{"href":"https:\/\/blog.checkworks.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.checkworks.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.checkworks.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.checkworks.com\/index.php\/wp-json\/wp\/v2\/comments?post=1154"}],"version-history":[{"count":1,"href":"https:\/\/blog.checkworks.com\/index.php\/wp-json\/wp\/v2\/posts\/1154\/revisions"}],"predecessor-version":[{"id":1156,"href":"https:\/\/blog.checkworks.com\/index.php\/wp-json\/wp\/v2\/posts\/1154\/revisions\/1156"}],"wp:attachment":[{"href":"https:\/\/blog.checkworks.com\/index.php\/wp-json\/wp\/v2\/media?parent=1154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.checkworks.com\/index.php\/wp-json\/wp\/v2\/categories?post=1154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.checkworks.com\/index.php\/wp-json\/wp\/v2\/tags?post=1154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}