What is Business Gerontology?

  Why is Business Gerontology so important?

  How can my company promote age neutral or positive images of aging and older workers?

  What can I do if my firm is at risk of an Age Discrimination in Employment lawsuit?

 
 

  What is Business Gerontology?
The official study of Gerontology, the study of aging, was introduced at the University of Southern California during the 1970s to address the basic psychological, safety and security needs of older adults. It influences product design, marketing and services that service older people. Out of this initial effort, Gerontology evolved to include the conflict between business productivity and social responsibility.

Business Gerontology is a newly defined social science and academic discipline that addresses economic, organizational and physical issues of the workplace and marketplace. While concentrating on the latter part of work life, it includes the time 40+, when age becomes an issue in the workplace, both pre- and post-retirement age. It generally touches a variety of disciplines, including Education, Marketing, Medicine, Architecture, and Social Work, but can be applied to almost any professional field.
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  Why is Business Gerontology so important?
Workforce diversity is good business because it allows all members of society an equal voice and opportunity to succeed.

Historically, ignoring older workers has led to problems within numerous professional corporations. More importantly, according to the Equal Employment Opportunity Commission, in 2006, Fortune 500 companies lost over $51.5 million due to workplace age discrimination, by conservative estimates. These losses coincided with the fact that the number of available younger workers had begun to fall.

"Baby Busters” number about 56 million, while there are about 76 million Baby Boomers. When fewer young people enter the workforce, where 40+ workers are not valued for their experience, it jeopardizes mentorship of younger employees and their job retention. It seems inevitable that global societies adopt a more age-neutral approach to recruiting decisions, and cease faulting older workers for poor strategic planning.
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  How can my company promote age neutral or positive images of aging and older workers?
GeroBiz offers services to enhance internal relations between older and younger workers. While we look deeply at corporate culture, and its effect on worker morale and retention, corporate culture remains a top-driven force. Following is a brief overview of AARP’S age-neutral guidelines:

1. Look realistically at the policies that govern your workplace. Do they treat different age groups differently?
2. Do you have a diverse workforce? Measure it regularly to be sure.
3. Is training reserved for only younger workers or offered to all? Is it designed to appeal to all age groups equally?
4. Is there a mentor program that identifies older workers, rewards those who have earned recognition, and helps facilitate new recruits adapting to your corporate culture?
5. Have you trained your managers so they understand the elements of harassment and the basics of employment law? Do they know your current EEO policies?
6. Have you brought in training programs to reduce workplace stereotypes and encourage diversity?
7. Is your company able to evaluate employee data, as well as interview managers, to determine attitudes toward EEO policies and practices?
8. Do your managers conduct free-form interviews, without regard for official corporate policy?
9. Do you take employment data at face value, and fail to look realistically at potential problems? Are your managers able to communicate with you about these matters or are the policies paid lip service only?

These and many other issues must be regularly assessed (at least biannually) in order to maintain age neutrality in the workplace.
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  What can I do if my firm is at risk of an Age Discrimination in Employment lawsuit?
If you are in management, perhaps you can help to change the status quo, by examining your hiring practices before others do. You can help your Human Resources decision-makers by facing the necessary policy updates, so the next generation of staff will be hired with a clear understanding of them. You can reverse the trend toward skills obsolescence by offering training programs to all groups equally, and by encouraging your employees to take advantage of them.
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