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Culture and System –Click addressing the major barriers to to edit title employment opportunities for older workers Date Month Year Kate Carnell AO Chief Executive Officer Canberra COTA National Policy Forum ACCI speaks on behalf of businesses at a national and international level 22 July 2014 2009 CUBED Communications 1 A crossroad or a transition? ACCI speaks on behalf of businesses at a national and international level 2 Employ Outside the Box – launched 2012 Included a summary of the economic and productivity benefit of increasing participation Designed as the lead document under which a range of specialised employer guides would sit. ACCI speaks on behalf of businesses at a national and international level 3 First business guide addressed mature age workers - released March 2012 Co-branded by a number of members organisations who distributed by them to their business members. ACCI speaks on behalf of businesses at a national and international level 4 Why does it all matter? Context for the Economic Case The population’s median age is around 38 years, up from 32.1 years in 1990 The number of people aged 65 and over has increased from 11.6 per cent of the population (or 2.1 million people) in 1993 to 14.4 per cent (or 3.3 million people) in 2013. The workforce aged over 45 is now around 31% and those under 25 only 17%. The population aged 75 or more years is expected to rise by 4 million from 2012 to 2060, increasing from about 6.4 to 14.4 per cent of the population. ACCI speaks on behalf of businesses at a national and international level 5 Life expectancy at birth Source: ABS and Aust Institute of Health and Welfare ACCI speaks on behalf of businesses at a national and international level 6 Why does it all matter? ACCI speaks on behalf of businesses at a national and international level 7 ACCI speaks on behalf of businesses at a national and international level 8 Australian employment status by Age 2011 Source: ABS 2011 as quoted by Grattan Institute Game Changers ACCI speaks on behalf of businesses at a national and international level 9 Participation Rates 55-64 year olds (2012) 80.0 70.0 60.0 50.0 40.0 Participation rate males 30.0 Participation rate females 20.0 10.0 0.0 ABS: 4102.0, Social Trends 2012 ACCI speaks on behalf of businesses at a national and international level 10 55-64 year old workforce participation rates Percent of cohort As quoted in Grattan Institute, Game Changers, 2012 ACCI speaks on behalf of businesses at a national and international level 11 Source: The Telegraph, UK, 22 Mar 2012 ACCI speaks on behalf of businesses at a national and international level 12 What is the problem? Retention Recruitment ACCI speaks on behalf of businesses at a national and international level 13 System Factors Skilling and reskilling Industrial arrangements need to allow for flexibility Incentives are important Better employment services Improved career development Source: Blogging4Jobs, 30 September 2013 ACCI speaks on behalf of businesses at a national and international level 14 Cultural Issues ACCI speaks on behalf of businesses at a national and international level 15 Cultural Issues Attitudinal as well as behavioural change Consistency of message Persistence Patience but with purpose Be forgiving and understanding not critical Source: panpowered.com ACCI speaks on behalf of businesses at a national and international level 16