I think that the big age problem in the job market today is really on the part of employers and that they don't seem to be calculating the cost of age discrimination to them when they practice it.
Nick CorcodilosI think what's happening is companies are trying to maximize shareholder value and I think they realized that if they could hire more effectively, they would. What I'm suggesting, though, is that human resources departments in most companies have become so detached - have become such a bureaucracy - that they have become clueless. They don't realize that the processes they have put in place have very little to do with recruiting, retaining and bringing on talent.
Nick CorcodilosCompanies are missing out on phenomenal skills and capabilities of experienced older job hunters: wealth of knowledge, expertise, seasoning, maturity. Companies need to be reminded of that.
Nick CorcodilosThere are some older workers - probably a lot - who simply don't have the skills or the wherewithal to do a certain kind of job. There, it's up to the worker to go out and bring themselves up to speed and do it in an aggressive way, do it as quickly as possible.
Nick CorcodilosI feel sorry for human resource people nowadays. HR is marginalized. No one really pays much attention to what's going on in HR and HR struggles with the fact that what is prevalent in America today is job boards, huge databases that we use to recruit and hire people.
Nick CorcodilosSure, some employers are are afraid of letting older workers go because they think they're going to get sued. And they probably will get sued. But the reality is, you could get sued at any time by any kind of worker. I think its incumbent on an employer, if they want to be smart, to figure out what is the benefit of keeping this employee or letting them go. Do the calculation and just go ahead and either keep them or let them go based on what's good for the business.
Nick Corcodilos