Education

‘We Can All Play A Part In Preventing Age Discrimination At Work’

“We are always the same age inside. ” 
— Gertrude Stein

Today i came across a very interesting article on LinkedIn. The article points out issues on the negative impact of Ageism in the work place.

To begin with, what is Ageism? And who are the main targets?

According to WHO (World Health Organization) Ageism is referred to as the-  “…stereotyping and discrimination against individuals or groups on the basis of their age; ageism can take many forms, including prejudicial attitudes, discriminatory practices, or institutional policies and practices that perpetuate stereotypical beliefs…”

Further research shows that Age discrimination begins when workers hit their 50’s Elsewhere, reports shows that it can also begin earlier when workers hit their 30’s or 40’s.  Ageism (also known as ‘Gray Ceiling’) is a global problem. According to experts, not only is Ageism hard to spot, it is also difficult to prove it, making it easier for companies to get away with it.

I can’t help but ask- Should performance be really based on age? I don’t think so. In fact, i wonder where the notion that -‘older workers perform poorly on the job than a younger worker’ came from? As a matter of fact, there are many reasons why hiring an older employee is beneficial. Read on ‘Ageism in the Workplace 2018’ (LinkedIn)

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“Aging is not ‘lost youth’ but a new stage of opportunity and strength.” 
— Betty Friedan

 

Suceeding At Your Job, Facebook vs LinkedIn, Midlife Career Change

 

When just being good at your job isn’t good enough!- “To keep succeeding in your career, you must add value to your organization through continuous learning” (more at Strategy+Business). Also, here is how a ‘Craftsman-Like Approach’ helps to achieve greater joy at work (Forbes)

Okey! This one is a little tough- Is LinkedIn the new Facebook? Or Is Facebook the new LinkedIn? Either way, the game is changing. LinkedIn has completely transformed with some added functionality some of which include “Facebook-style” timeline. Facebook on the other hand, is now helping lower-skilled worker, freelancers, and those individuals who aren’t actively looking for a job.(see The Next Web)

Well, the big question is how would jobs seekers, employers and companies benefit from all of this?  Here’s how Facebook is helping small businesses having trouble hiring (Techcrunch)  Also, here is how to make  LinkedIn work for you (Converge) And finally, when you want LinkedIn  to retain its professional integrity, and avoid getting into a noisy conversation (Business2Community)

Midlife career changes happens more often than we can imagine. But with good planning, making a big career move in your late 30s or older is possible and can be quite rewarding. Here is what you need to do to  successfully make a midlife career change- (Entrepreneur) Also,  NPR shares a few posts highlighting reasons why people consider midlife career shifts (npr.org). At some point, radical change is required. Depending on your goals, if you choose a a completely new career direction you might require a re-training to improve or acquire new skills.(More at Stuff)

Yes, you can still  change jobs when you are near retirement. But there is need to understand the pros and cons, of voluntarily changing jobs on a retirement timing. Here is how -(Market Watch)  Also, understand how a midlif e career change can have a tremendous effect on retirement planning (Globe and Mail)

Weekly Roundup- Cyber Security, Snaps Spectacles, Artificial Intelligence, Chinese Yuan

“Reading furnishes the mind only with materials of knowledge; it is thinking that makes what we read ours.”   ― John Locke

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Cyber Security and Self driving cars

Karamba Security, a cyber security startup based in Hod Hasharon, Israel, raises $2.5 million to keep self-driving cars safe from hackers. (Source Techcrunch)

-Who hacked Yahoo?Apparently, it was an Eastern European gang (Source Fortune) See also the main lesson to be learnt from the Yahoo breach ( Financial Times)

Artificial Intelligence

-The world’s largest technology companies; Amazon, DeepMind/Google, Facebook, IBM, and Microsoft, are collaborating to see the way forward for the future of Artificial Intelligence. The five tech titans, have joined forces to create a non-profit organization with an aim to advance the ‘public understanding of artificial intelligence technologies’ (AI) and to ‘ formulate best practices on the challenges and opportunities within the field’. (Source  Partnership on AI)

Snapchat Spectacles

-The cool Snap’s spectacles! Snapchat (renamed Snaps Inc.) recently released it’s first pair of sunglasses which record videos in 10-seconds. Isn’t that cool? According to Recode, the man behind Spectacles, Snapchat’s new smart sunglasses is Steve Horowitz, a former software engineer for Google’s Android platform.

-So why would users choose a pair of video sunglasses over traditional smartphones to take snaps? In a Wall Street Journal article, Evan Spiegel, CEO  Snap Inc responded by saying that the images are fundamentally different compared to those taken via a typical smartphone. He added that “Spectacles’ camera uses a 115-degree-angle lens, wider than a typical smartphone’s and much closer to the eyes’ natural field of view. The video it records is circular, more like human vision.” (Read more  at WSJ)

-How do the Snapchat Spectacles work?  According to the company, it has created the smallest wireless video cameras in the world, which are integrated into a pair of sunglasses and can take up to a day’s worth of Snaps on a single charge. It gets better, it’s available in 3 different colors!- BLACK, TEAL, AND CORAL!  (Find out how Snapchat’s Spectacles will work on the Verge)

Global Trade and Employment- Trade Policy in the EU

-More Wealth, More Jobs, but Not for Everyone- What’s going on?  Did the economists fail to ‘anticipate the accompanying joblessness’? And are governments just watching and doing nothing about it?  “… More global trade is a good thing if we get a piece of the cake…But that’s the problem. We’re not getting our piece of the cake….”  ( More at New York Times)

China’s Yuan- Renminbi 

-China’s ambition to ensure the yuan ‘enters the International Monetary Fund’s basket of reserve currencies’ has finally become a success. As from October 1, the IMF will make effective the new SDR basket which will also include the Chinese renminbi in addition to the current SDR basket currencies, which are the U.S. dollar, euro, yen and pound sterling. (Source-IMF)   But is it there yet? (Read more at Bloomberg)

Fake Bank Accounts at Wells Fargo 

-Apparently, the fake bank accounts at Wells Fargo began more than  5 years ago. In fact according to sources, the shocking fraudulent activities existed before 2011. Why didn’t anyone do something about it then? ( Read more at CNN Money)