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Press Release Archive

October 21, 2008
Age Lessons Addresses Multi-Generational Communications
At Network of Executive Women National Summit

August 26, 2008
Mature Workers Share
Labor Day Worries

September 5, 2007
Age Lessons Study Disproves Conventional Wisdom

May 31, 2007
Parents Spend Big to Keep Older Kids Afloat

May 4, 2007
The Nielsen Company,
Age Lessons Reveal New Type of Baby Boomer: The Pivot Spender

December 12 , 2006
Age Lessons 2007 Boomer Trends Forecast

October 19 , 2006
Age Lessons Predicts Bidding War...

August 17, 2006
Boomer Labor Shortage Threatens Critical Sectors

July 10, 2006
Age Lessons Makes “Working Retirements” Work

March 8, 2006
Benchmarking a Generation

Age Lessons Study Disproves Conventional Wisdom; Age Discrimination Impacts Young Workers More Often than Old, Men More than Women
Status Quo, Fear of Being Tagged A Problem or Victim Prompts Underreporting

CHICAGO, September 5, 2007—Contrary to conventional wisdom, younger workers [36% of 18-34 year olds] are more likely to say they experienced age discrimination than older, 35+ workers [24%] in a national online study from Age Lessons, the Boomer consulting firm, fielded by Harris Interactive®. In follow-up phone interviews conducted by Age Lessons, 93% of respondents said they had “witnessed or experienced” ageism and were hesitant to report it for reasons including a perceived inability to change the status quo, fear of being labeled a problem or getting targeted for future layoffs.

“Ageism isn't about old people, it's about all people. To avoid a ‘war of the ages' in the workplace, companies need to address generational diversity across the age spectrum and develop strategies for leveraging the richness and value-add of a diverse workforce,” noted Laurel Kennedy, Age Lessons president.

Another unexpected finding: men [30%] were more likely than women [23%] to admit to a personal experience with age discrimination at work. Women may be more focused on issues of gender equality, or men may simply be more vocal about their experiences.

Additional findings include:

  • Companies need to walk the talk. Younger workers told interviewers that older workers seemed to be “kicked to the curb” at a disproportionately high rate during layoffs. They also wondered aloud about how loyalty was being repaid by employers. Lesson for management: your employees are watching!
  • Mentoring is not a popular option. Fewer than five percent of employees selected “mentoring opportunities” as a possible benefit. Older interviewees felt mentoring was just corporate code for “picking their brains dry” and saw specialized knowledge as an excellent longevity strategy.
  • Dependent support/care options needed. More workers need help caring for new classes of dependents--elderly relatives who are outliving retirement savings, and adult children looking for subsidies from the “bank of Mom and Dad”. Fully 22% of respondents picked long term care insurance and 20% health coverage for seniors or adult children as appealing benefit options.