How To Manage Older Workers

Whether you're the manager or the "managee," if you're still in the corporate environment, here are some good tips on the care and treatment of older workers:

http://wimvdd.blogspot.com/2007/05/how-to-manage-older-workers.html

Comments

Post a Comment

Popular posts from this blog

The Benefits of Delaying Social Security

I occasionally plow through dreary assessments of how little we boomers are inclined to save and the risks that creates with our retirement prospects…. I do this reading for you, so you won’t have to :-) Occasionally a gem of wisdom will pop out, making it all worthwhile. And those, of course I will pass along. So from an Economic and Budget Issue Brief from the Congressional Budget Office, dated March 14, 2004, entitled “The Retirement Prospects of the Baby Boomers,” comes an excellent and concise summary from a section entitled “The Effects of Delaying Retirement”: "For households facing shortfalls in their retirement savings, relatively small changes in behavior can have surprisingly large effects. Because people who retire at 62 can expect to live another 20 years, each year they postpone retirement reduces their need for retirement savings by about 5 percent. An extra year of work also increases their Social Security benefits by several percent. Taken together, those effects
Read more

What if We SAVED Our "Stimulus Package" Checks?

Yesterday, I gave you a little Self Scoring "Financial Discipline Quiz" about what to do with your potential "Stimulus Package" check. Today, I'm feeling a little unpatriotic for that post, even though I'm convinced that my not so subtle nudge towards reducing your debt is solid advice. But obviously, if everyone with consumer debt took that advice, there wouldn't be much "economic stimulus," now, would there? Now I'm sure that if the President or members of Congress developed a scoring system for my quiz, the methodology would be the exact opposite, with credit going only to those who SPEND their checks. And realistically, I have no doubt that more Americans will follow their desires than my advice... but that doesn't make it right. America as a country has a miniscule savings rate - by some measures negative - especially when compared to other countries. I recently read the following on the Business Week website : "Americans
Read more

Pay Back Your Social Security
It Could Be the Best Annuity You Could Buy

The above title was the original title of yesterday's post , which later became " Social Security Decisions: Important But Not Irrevocable - You Have Much More Flexibility Than You May Think ." I actually posted it with the "Annuity" title above, but after sleeping on it overnight, I realized that yesterday's article was really about flexibility, an important issue in its own right. I have written before about flexibility. The general rule is, "Given two equally attractive decisions, always choose the one that is more "reversible," (i.e. allows you to change your mind later) Flexibilty is a key element in any personal financial decision, and retirement decisions are no exception. In fact, I think flexibility becomes MORE important as you get older, as youre "wiggle room" for creating alternatives diminishes the older you get. And I wrote on this before, in my original article, " Don't Do It ," as a major reason why
Read more