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Why Is Studying Risk Management Perfect For Seniors?
In most establishments, seniors are more likely to be laid off compared to younger employees, and it could take them a long time to land new jobs. This situation causes an increase in the unemployment rate of older workers in society.
In most establishments, seniors are more likely to be laid off compared to younger employees, and it could take them a long time to land new jobs. This situation causes an increase in the unemployment rate of older workers in society.
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Most employers usually have different reasons for not wanting to work with older employees, and these range from the limitations of computer literacy among older populations to other needed technological skills. Due to the fact that most seniors do not upgrade their skills, they are usually on the wrong side of recruitment as most employers are reluctant to teach and train aging staffs as they are expected to retire in a few years.
Some younger employers also believe that older employees won’t be happy to work for a younger boss, while others find it difficult to hire them because of their precious high salary structures from their previous job.
While some of these concerns are true, the reality is that most of them are misconceptions. For example, the belief that most older employees after retirement want similar high-paying jobs is untrue as most seniors may just be looking for something to keep them busy and mentally stable, with salary being the least of their concerns.
Most employers usually have different reasons for not wanting to work with older employees, and these range from the limitations of computer literacy among older populations to other needed technological skills. Due to the fact that most seniors do not upgrade their skills, they are usually on the wrong side of recruitment as most employers are reluctant to teach and train aging staffs as they are expected to retire in a few years.
Some younger employers also believe that older employees won’t be happy to work for a younger boss, while others find it difficult to hire them because of their precious high salary structures from their previous job.
While some of these concerns are true, the reality is that most of them are misconceptions. For example, the belief that most older employees after retirement want similar high-paying jobs is untrue as most seniors may just be looking for something to keep them busy and mentally stable, with salary being the least of their concerns.
Risk Management And Why It Is Perfect For Seniors
With most jobs being limited to seniors, finding a great career path may seem daunting. However, a Career in Risk Management can be a perfect option for them to consider.
Risk management offers broad career paths though one needs years of experience to work as a risk manager or control consultant in the diverse workforce. Some states in the US require a licensing exam before exploring the opportunities in the field. Risk management professionals can work in all kinds of companies and are not exactly limited by age, making it a great career choice for seniors.
Some of the popular companies that have Ris Mangers under their paycheck employed include Dell, Five Guys Burgers and Fries, IBM, LEGO, Procter and Gamble, Coca-Cola, American Red Cross, Express, Barnes and Noble, Google, JPMorgan Chase, McDonald’s, Hyatt hotels, Nike, Qualcomm, Uber, Red Bull, Ocean Spray Cranberries, Volkswagen, Xylem, Kraft Foods, Starz Entertainment, The Walt Disney Company, Twitter, Zappos, and Yahoo.
These companies cut across different fields, showing while it is an indispensable part of a company. Risk management as a position in a company is extremely vital because it is the area that help detect and manage situations that could lead to loss or damage. Simply put, Risk management is the predicting, analyzing, and salvaging any risk factor that could affect a company for the short term and future.
A risk manager helps to foresee a risk factor before it happens. Companies take risks in several areas, which are categorized into financial risk, environmental risk, employees risks, operational risk, societal risk, political risk, cybersecurity risk, and many more.
With the vast opportunity available in the career path, Seniors who study risk management usually land jobs easily as the criteria for the work is more mental than physical, which plays to the advantage of aging job seekers.
