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Survey - 18% response rate (57 out of 315) 39% of respondents felt that their expectations were either only partially met or not met at all 60% of respondents stated that their expectations were either partially clear or unclear when commencing their program 88% of respondents believed that there was a role for The AusIMM to play as a professional institute in compiling a set of Best Practice Graduate Program Guidelines Quotes
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66thth International International Mine Geology Conference Mine Geology Conference
Session 7 – Professional Challenges-Best practice graduate program
guidelines-Our demographic destiny
Tuesday 22 August 2006 Don LarkinCEO The AusIMM
Graduate Program Best Practice GuidelinesGraduate Program Best Practice Guidelines
• Purpose – Tool for AusIMM Student and Graduate Members– Tool for companies (large – ‘tick off’ approach, small
– adoption/start point)– Link to AusIMM Professional Development and CP
Status
• Structure– Part One: Over Arching Principles– Part Two: Discipline Specific Aspects
• Survey - 18% response rate (57 out of 315)
• 39% of respondents felt that their expectations were either only partially met or not met at all
• 60% of respondents stated that their expectations were either partially clear or unclear when commencing their program
• 88% of respondents believed that there was a role for The AusIMM to play as a professional institute in compiling a set of Best Practice Graduate Program Guidelines
• Quotes
Implications of an Ageing Australia, Productivity Commission April 2005
THE CHANGING STRUCTURE OF AGETHE CHANGING STRUCTURE OF AGE
Successfully Managing age in your Organisation
As the population ages a fault line is emerging that separates the past and future landscapes of the Australian workforce. For the foreseeable future, growth in the supply of labour will be firmly concentrated in the group aged 45 years and over.
For every new young person entering the labour market today, there are seven people aged 45 years and over available. By 2010 this will create permanent shortages in the Australian Labour Market forcing organisations to dramatically re-think their employment practices.
The Age Chasm – Drake The Age Chasm – Drake White Paper Volume 2, No. 5White Paper Volume 2, No. 5
Expectation of Life from Birth 1920 to 2051
55
60
65
70
75
80
85
90
Years1920-
22
Years1932-
34
Years1946-
48
Years1953-
55
Years1960-
62
Years1970-
72
Years1980-
82
Years1990-
92
Year1998
Year2005
Year2041
Year2051
Years (Red are projections only)
ABS: Deaths - 3302.0 - 1920-98
Expe
ctat
ion
of L
ife fr
om B
irth
(Yea
rs)
Females Males
Fertility Rates within Australia - 1921 to 2051
1.5
1.8
2.1
2.4
2.7
3
3.3
3.6
Years1921-
25
Years1932-
34
Years1946-
48
Years1953-
55
Years1960-
62
Years1970-
72
Years1980-
82
Years1990-
92
Year1998
Year2005
Year2006-
51
Years (Red are projections only)
ABS: Births - 3301.0 - 1998
Ferti
lity
Rat
es
New entrants to the labour marketNew entrants to the labour marketDiminishing Access to LabourDiminishing Access to Labour
1980’s & 1990’s
2020’s and beyond
Access Economics
Mining
Workforce and Population Age Prof ile: Year 2014
0%
5%
10%
15%
20%
25%
30%
35%
15-19 20-24 25-34 35-44 45-55 55+Age Group
Mining Workforce Australian Population
Potential to maintain engagement
of older workers
Need to engage more younger
workers.
Source: ABS, 2001
Key Risks (Drake)Key Risks (Drake) Increased competition for labour
Expansion of skills shortages
Increased competition for younger people
Increasing mismatch between the available labour pool and the competencies and characteristics required
Loss of operational knowledge, due to low retention rates and exit to retirement
Loss of executive knowledge, due to exit to retirement
Impaired productivity consequences
Falling or stagnating growth
A shifting landscape of health and well being
Limited capacity amongst the organisations managers and leaders to assess and respond to the changed environment
Improve Educational AttainmentImprove Educational Attainment Delaying RetirementDelaying Retirement Improving childcare facilitiesImproving childcare facilities Undertaking Welfare ReformUndertaking Welfare Reform Improving HealthImproving Health
Five Key Drivers of Five Key Drivers of Participation RatesParticipation Rates
Melbourne Institute ReportMelbourne Institute Report
www.ausimm.comwww.ausimm.com