ACCI speaks on behalf of businesses at a national and international level

1 2009 CUBED Communications

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Date Month Year

Culture and System – addressing the major barriers to employment opportunities for older workers

Kate Carnell AOChief Executive Officer

CanberraCOTA National Policy Forum

22 July 2014

ACCI speaks on behalf of businesses at a national and international level

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A crossroad or a transition?

ACCI speaks on behalf of businesses at a national and international level

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.

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ACCI speaks on behalf of businesses at a national and international level

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.

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ACCI speaks on behalf of businesses at a national and international level

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.

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ACCI speaks on behalf of businesses at a national and international level

Life expectancy at birth

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Source: ABS and Aust Institute of Health and Welfare

ACCI speaks on behalf of businesses at a national and international level

Why does it all matter?

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ACCI speaks on behalf of businesses at a national and international level

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ACCI speaks on behalf of businesses at a national and international level

Australian employment status by Age 2011

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Source: ABS 2011 as quoted by Grattan Institute Game Changers

ACCI speaks on behalf of businesses at a national and international level

Participation Rates 55-64 year olds (2012)

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1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

Participation rate - malesParticipation rate - females

ABS: 4102.0, Social Trends 2012

ACCI speaks on behalf of businesses at a national and international level

55-64 year old workforce participation ratesPercent of cohort

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As quoted in Grattan Institute, Game Changers, 2012

ACCI speaks on behalf of businesses at a national and international level

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Source: The Telegraph, UK, 22 Mar 2012

ACCI speaks on behalf of businesses at a national and international level

What is the problem?

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Retention Recruitment

ACCI speaks on behalf of businesses at a national and international level

System Factors

Skilling and reskilling Industrial arrangements need

to allow for flexibility Incentives are important Better employment services Improved career development

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Source: Blogging4Jobs, 30 September 2013

ACCI speaks on behalf of businesses at a national and international level

Cultural Issues

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ACCI speaks on behalf of businesses at a national and international level

Attitudinal as well as behavioural change

Consistency of message

Persistence Patience but with

purpose Be forgiving and

understanding not critical

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Cultural Issues

Source: panpowered.com