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Meeting the Midcareer Moment: The challenges of the 45+ job seeker

A conversation with Mona Mourshed, founding global CEO, Generation
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In this episode of the Work in Progress podcast, my guest is Mona Mourshed, founding global CEO of Generation, a nonprofit with a mission to support the training of learners of all ages, leading to careers that were previously beyond their reach.

Generation’s new report, Meeting the Midcareer Moment, is an in-depth look at workers over the age of 45, the challenges they face advancing in the workplace, and, for the unemployed, competing against younger job seekers.

Let’s start with the job interview. What does a hiring manager see when she or he looks at a job seeker over the age of 45? According to the report, they see someone who isn’t tech-savvy, isn’t adaptable, and who won’t fit into the company culture. These perceptions of midcareer workers are putting them at the bottom of the pile when it comes to hiring.

“We asked employers to describe what are the strengths that you see of different job candidates in the different age brackets. Long story short, employers see the age 45+ population as having absolutely no strengths relative to those who are age 18-to-34 or 35-to-44,” explains Mourshed.

Job seekers between the ages of 35 and 44 are most popular with hiring managers, according to the survey. “That’s the sweet spot. They’ve had enough experience, but employers still view them as being nimble and creative. This for us was one of the most stark findings of the report. It really puts a number on ageism,” Mourshed tells me in the podcast.

Conversely, the hiring managers have an entirely different view of the older workers they already employ.

“We asked the very same employers, ‘In those cases where you have hired age 45+ within the last three years. how are they performing relative to their job peers?’ And we found that 87% of those individuals are performing as well, if not better, than their younger job peers.

“When we asked about retention, we found that 90% of those aged 45+ cases are showing as much potential, if not more than their younger peers. And that is the definition of bias, right? It’s that whenever a general bias can prevail despite evidence to the contrary, that’s what it looks like. And it’s very pervasive,” argues Mourshed.

So simply put, older workers looking for a job are not seen as strong candidates for today’s workforce, but once hired, they prove that they are just as capable as their younger colleagues when it comes to actually doing the work.

Older workers looking for a job are not seen as strong candidates for today’s workforce, but once hired, they prove that they are just as capable as their younger colleagues when it comes to actually doing the work.

This is an important point. Workplace demands have changed. Midcareer workers have the talent, and they are adaptable to the changing work environment—when they are given the opportunity. This is reflected in another number. The majority of the long-term unemployed—those out of work for more than six months—are over the age of 45. Once out of work, it is hard for older workers to find their way back into the workforce.

Generation says that we are at a crossroads—”if we choose to recognize the talents of this group and help them adapt to workplace disruptions, we can prosper together. But if we stick with the status quo, a bad situation will only get worse.”

It is also important to point out that everyone is different. There are, in fact, some people who need some additional training to meet the new demands in the workplace. Generation is doing so much in this field. This excellent report has more information on this and the rest of the findings. I encourage you to both read and listen to find out more.

You can read Meeting the Midcareer Moment here. You can download the podcast here or wherever you get your podcast.

Episode 194: Mona Mourshed, Founding Global CEO, Generation
Host & Executive Producer: Ramona Schindelheim, Editor-in-Chief, WorkingNation
Producer: Larry Buhl
Executive Producers: Joan Lynch and Melissa Panzer
Music: Composed by Lee Rosevere and licensed under CC by 4.0.

Download the transcript for this podcast here.
You can check out all the other podcasts at this link: Work in Progress podcasts

Dana Beth Ardi

Executive Committee

Dana Beth Ardi, PhD, Executive Committee, is a thought leader and expert in the fields of executive search, talent management, organizational design, assessment, leadership and coaching. As an innovator in the human capital movement, Ardi creates enhanced value in companies by matching the most sought after talent with the best opportunities. Ardi coaches boards and investors on the art and science of building high caliber management teams. She provides them with the necessary skills to seek out and attract top-level management, to design the ideal organizational architectures and to deploy people against strategy. Ardi unearths the way a business works and the most effective way for people to work in them.

Ardi is an experienced business executive and senior consultant who leverages business organizational transformation through talent strategies. She uses her knowledge and experience to develop talent strategies to enhance revenue and profit contributions. She has a deep expertise in change management and organizational effectiveness and has designed and built high performance cultures. Ardi has significant experience in mergers, acquisitions, divestitures, IPO’s and turnarounds.

Ardi is an expert on the multi-generational workforce. She understands the four intersecting generations of workers coming together in contemporary companies, each with their own mindsets, leadership and communications styles, values and motivations. Ardi is sought after to assist companies manage and thrive by bringing the generations together. Her book, Fall of the Alphas: How Beta Leaders Win Through Connection, Collaboration and Influence, will be published by St. Martin’s Press. The book reflects Ardi’s deep expertise in understanding organizations and our changing society. It focuses on building a winning culture, how companies must grow and evolve, and how talent influences and shapes communities of work. This is what she has coined “Corporate Anthropology.” It is a playbook on how modern companies must meet challenges – culturally, globally, digitally, across genders and generations.

Ardi is currently the Managing Director and Founder of Corporate Anthropology Advisors, LLC, a consulting company that provides human capital advisory and innovative solutions to companies building value through people. Corporate Anthropology works with organizations, their cultures, the way they grow and develop, and the people who are responsible for forming their communities of work.

Prior to her position at Corporate Anthropology Advisors, Ardi served as a Partner/Managing Director at the private equity firms CCMP Capital and JPMorgan Partners. She was a partner at Flatiron Partners, a venture capital firm working with early state companies where she pioneered the human capital role within an investment portfolio.

Ardi holds a BS from the State University of New York at Buffalo as well as a Masters degree and PhD from Boston College. She started her career as professor at the Graduate Center at Fordham University in New York.