3 Reasons Why You May Never Retire

In today’s changing work culture, retirement is no longer a certainty.

Elderly couple together at the kitchenTraditionally, retirement was something that was more or less expected. You put in the extra hours while you were young so that you would have the freedom to do whatever you wanted in your later years. However, various cultural and economic factors have led to a change in this traditional retirement model.

According to the latest data from the U.S. Bureau of Labor Statistics, as noted by Bloomberg, approximately 20% of Americans over the age of 65 are still working.  Twelve percent don’t ever plan on retiring. Given the immense size of the baby boomer generation, this means that the U.S. work force is older than ever before.

Why might you end up working past the traditional retirement age?

1. You Have No Savings

Bloomberg mentions that baby boomers more frequently don’t have any retirement savings to speak of. They were hit by both the tech bust of the late ‘90s and the financial crisis of the mid 2000s, losing what little savings they had just to pay the bills.

Our white paper covers the Baby Boomer retirement situation more in depth.

Millennials are already encountering similar difficulties. As noted by CNBC, a recent survey from finance website NerdWallet found that millennials generally need to save 22% of their pay to have a successful retirement. Other experts say it should be something more like 15 %.

One thing they all agree on is that the earlier you start preparing for retirement, the better. However, millennials are generally unable to save such a high percentage of their income. This is due to a combination of a fairly high cost of living combined with the need to pay off expensive student loans as quickly as possible.

2. You Love Your Job

Many people simply enjoy working.  It gives them a sense of purpose— that they’re truly accomplishing something. They love their work family and environment, and managers go the extra mile to make the office feel like home. The money and benefits don’t hurt either. Work is what you know, work is what you like, and work is what you’re good at. So why not stay in the workforce just a bit longer?

3.  You Have Heavy Debt

Many people choose to stay in the workforce so that they can continue to pay off their debt. They can’t budget enough savings. Given the increased costs of education and housing, as well as the aforementioned tech bust and the financial crisis, it can be hard to allocate funds to a retirement account. Instead of paying off loans and saving at the same time, many workers choose to pay off their loans first. This results in a fairly significant loss of savings.

Retirement isn’t for everyone.

And that’s okay! Some people can’t afford to retire in the first place. Others find retirement dull. And still others want to keep working because they love it.

Regardless of whether you’re just starting out or are looking for a career change later in life, we’re here to help. Headquartered in Oklahoma City, OK, Express Employment Professionals is a leading staffing provider in the U.S. and Canada. We employed a record 510,000 people in 2016. If you have any questions about the job search, feel free to contact your local Express office or create an express account to apply for jobs online.

Do you plan on working past traditional retirement age? Let us know your reasons why in the comments below!

Life Lessons from John Wooden

Basketball in HoopOne of the most revered coaches in the history of sports is John Wooden, nicknamed “The Wizard of Westwood,” who won 10 NCAA national championships in his 12-year career as head coach at the University of California Los Angeles.

Wooden, who passed away in June 2010, left behind a legacy as one of the most successful basketball coaches in the history of the sport, but he also left behind a blueprint on how to become the best and most successful person one can be.

Today, athletes, business leaders, employees and countless others follow these life lessons from Coach Wooden in their own lives. Below are five quotes from this great basketball icon that ring as true in today’s world as they did when he first spoke them.

“Perform at your best when your best is required. Your best is required each day.”

As one of the top blocks on Coach Wooden’s “Pyramid of Success,” competitive greatness does not mean beating everyone else, but doing your absolute best every day. No matter how small the job, excellence is earned by doing the most thorough work each day, every day. The best work is done by those who practice their skills, release excuses and do important things, even when the odds seem daunting.

“It’s the little details that are vital. Little things make big things happen.”

Even the most menial tasks at a job serve a purpose, and those little things add up to create big results. Nothing a person does should be considered boring or insignificant. Strategic planning and execution of major projects also includes the little details that can make or break a triumph. Leaders can learn to appreciate their employees from the ground up by keeping this quote from Wooden in mind. The man who cleans the offices at night is as big a part of a company’s success as the top salesperson.

“You can’t let praise or criticism get to you. It’s a weakness to get caught up in either one.”

People inevitably try to downplay someone else’s success or belittle another person. Friends, families, competitors and enemies are all guilty of this at one point or another.  Wooden’s advice is to stop focusing on criticisms and focus on helpful critique. If a complaint is valid, that complaint can become a learning opportunity and a chance to improve. On the flip side, chasing flattery can be almost as debilitating as giving into criticism. Many people become dependent on praise, chasing the ego rub instead of true greatness.

“Don’t let making a living deprive you of making a life.”

Too many people trade daily enjoyment for achievement, but the key to true success is having both. Also called “work/life balance,” most people find happiness when they achieve something important and enjoy other aspects of life. Working is a way to earn a wage, but successful people also find delight while accomplishing goals and victories through their job.

“If I am through learning, I am through.”

In life, education is never finished. Most successful business owners, entrepreneurs, teachers or employees are constantly on the search for knowledge and ways to improve. Life always offers up opportunities to learn something new, whether it’s a new skill set, another language, a new hobby or a new perspective on life. Not expanding a base of knowledge or experience leads to stagnation and boredom. Continuous learning is powerful, so take life’s lessons from Coach Wooden to begin building your legacy.

 

Poll: Which Training Style Do You Prefer?

Whether you learn by simply listening to an instructor or if you require a more interactive setting, everyone’s training style is different. So we want to know, which training style do you prefer? Check out some of the situations below from Union University to help you get started and then let us know by voting in our poll!

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Express Associate Spotlight: Associate of the Year

DSC_6125 (2)In 2016, Express Employment Professionals put 510,000 people to work, ultimately putting food on the table for thousands of families. But one man’s efforts to care for his family were so inspirational that he was recently recognized as the Express Associate of the Year at the company’s annual International Leadership Conference in San Francisco.

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Spring Forward: How to Build Interview Confidence

How to bounce back from a bad interview and build confidence.

Look_Interview_Tips_Feb2014It’s perhaps the most nerve-wracking aspect of the job search. You submitted your resume and got the call. It’s time to meet for an interview, and you’re wondering what to do next.How do you prepare yourself with the necessary confidence to be successful in this important moment in your career?

Research

Preparation begins with researching and learning as much as you can about the company where you’ll be interviewing. Spend time browsing through their website and any social media channels they have to learn about their culture and mission.

You’ll also want to spend time reading through every aspect of the job description so that you have a clear understanding of your possible responsibilities. If there are any skills that you know to be strengths for you, make a note and think about how you’ll work those into the interview. On the opposite end, if any aspects are new to you or are a weakness, be ready to answer for those areas as well.

After you’ve done the research, write down three to five questions to ask your interviewer about the company or job. When you have questions ready, it shows that you’ve prepared and have a genuine interest in the company and the work they do. Anything you can do to stand out from the crowd is helpful.

Practice

The internet will be a great resource as you begin the next step in building your interview confidence. Doing a search for common job interview questions, then spending time reviewing your responses will be a big help when the time comes for you to answer them in person.

Practicing will also help you avoid as many surprise questions as possible. To take it a step further, use five to seven questions in a practice interview with a family member or friend. Let them ask the question in an interview setting while you answer the questions with appropriate eye contact and body posture.

After the mock interview, ask for feedback on your performance, including any tips on things you might have done that you didn’t notice. Do you say “um” too often when answering a question? Maybe you tend to bounce your leg while sitting in an interview. This feedback will be instrumental in preparing for a successful interview.

Review

As the day approaches, it’s time to sit down and go through your notes. Highlight and memorize the facts, questions, or traits you picked up during your preparation.

You’ll also want to review and make sure you have everything ready for the interview the night before. Spend time thinking about your outfit, how long you’ll need to prepare in the morning, and how long it will take you to get to the interview. Also, make sure to have several copies of your resume and a portfolio of your work if applicable to the job.

Interviews don’t have to be a scary. With time spent researching, practicing, and reviewing, your next interview could be an enjoyable meeting, an opportunity to learn more about a company while sharing your own strengths and passions. It’s all up to you and your willingness to build your self-confidence before you walk through that door.

Looking for more interview tips?

We’re here to help. Headquartered in Oklahoma City, OK, Express Employment Professionals is a leading staffing provider in the U.S. and Canada. We employed a record 510,000 people in 2016. If you have any questions about the job search, contact your local Express office or create an Express account to apply for jobs online.

What else do you do to build confidence before a job interview? Let us know in the comments section below.

Workplace Wearables: Smart Tips for Your Smart Devices

Modern businessman focused on his phone and smart watch

Do you own a smartwatch, fitness tracker, or other technological device known as a “wearable?” If so, you’re not alone. In fact, according to Forbes, just under 50 million wearable devices were shipped in 2015. And in 2019, 125 million more are expected to be purchased.

Millennials, the newest generation to enter the workforce, are known as technology-savvy. So, it’s no surprise that the majority of people (48%) who use wearable technology are part of this generation. And, 71% of younger workers want to own wearable tech if they don’t already.

The technology behind these devices has been around for decades, but the greater availability of internet access has made them significantly more useful in recent years. If you’re considering investing in the trend, make sure you know when and how it’s appropriate to use your smart devices.

A Growing Trend

Today, one in six consumers owns and uses wearable technology, which means these devices are becoming increasingly prevalent in the workspace. To take advantage of this growing trend, many companies have begun testing wearables for workplace security, time management, and communication purposes.

Luckily for employers, early studies have proven the trend may pay off. According to the University of London, employees who own wearable technology reported an 8.5% increase in workplace productivity. Additionally, they experienced a 3.5% increase in job satisfaction.

Be Aware of What You Share

As the workplace shifts toward the future, many companies will begin integrating their internal systems with wearables. This means, they may use your wearable (or provide you with a company-owned device) to track your productivity and health. If you have a fitness tracker that records your workout and sleep patterns, your employer may be able to locate that information.

This information could then be used to make changes in the workplace that improve your work experience and productivity. While there are benefits to this information sharing, it’s important to understand what information you may be giving your boss.

Study Your Habits

If you’re going to wear your fitness tracker or smartwatch to work, take advantage of the data these devices provide by tracking your habits. Doing so may help you increase productivity and implement changes that will have a positive effect on your work.

For example, if you notice you’re significantly less active between 2 and 4 p.m. every day, set a reminder to get up and walk around for a few minutes during this time period. You’ll be more active, alert, and healthy.

Pay Attention

During an important meeting, interview, or event, you wouldn’t look at your phone, right? The same applies to wearable devices. If you own a smartwatch and receive phone calls, emails, or text messages on your wrist, avoid the temptation to look when it’s not appropriate. Recruiters and potential employers will notice if you spend the majority of the interview checking your watch, and it may look like you’re in a hurry to leave. Don’t make the mistake of sending the wrong signals.

Remember to Take a Break

According to a Workplace Options survey, 84% of workers age 18-29 report working two or more hours per day after their work day ends. They’re spending time on their mobile devices, checking email and making calls. As the rise of wearable technology continues, it’s easier than ever to stay connected to your workplace when you’re at home. Now, just a simple glance at your wrist could reveal emails or phone calls that prevent you from truly disconnecting.

In fact, Ernst & Young reports that 24% of U.S. employees find it difficult to maintain work-life balance. Since work-life balance is essential to your overall health and happiness, don’t let your wearables upset that equilibrium.

Do you own a wearable device? How do you stay productive in the workplace? Share your tips in the comments section below!

Movin’ On Up is brought to you by Express Employment Professionals.

2017 Refresh Leadership Live Simulcast

EVE12RLL_SIMULCASTOn Wednesday, April 12, Express Employment Professionals will bring together three leadership experts for the eighth annual Refresh Leadership Live Simulcast.

The simulcast will be broadcast during events at participating Express locations and will feature:

  • Patrick Lencioni, Leadership Consultant, Speaker, and Best-Selling Author
  • Jimmy Johnson, Two-Time Super Bowl Champion Coach and FOX NFL SundayAnalyst
  • Robyn Benincasa, World-Champion Adventure Racer, CNN Hero, and Firefighter

Go to RefreshLeadership.com/Live to find a participating office near you and learn more about this event that is sure to inspire.