How often do you hear a hiring manager from a company say, "We've got to hire older workers." Just taking a guess – but probably not frequently. And yet, older workers could be one of the secret weapons to overcome the labor shortage. While many companies struggle to find qualified employees, Americans over 65 are one of the few demographic groups where employment levels have not recovered to pre-pandemic levels. So, why are companies ignoring this demographic, and why should they make a concerted effort to recruit older workers? FirstLantic explains why a company’s greatest asset may be older workers. First, we don't have to guess why most businesses don't hire older workers. Ageism does exist. A research study on behalf of Deloitte asked [...]
So, many of us have heard the term “fat-shaming” which basically means people (mostly women) are made to feel bad about their weight. It often happens online where trollers say horrible things while hiding behind their computer screens. Thankfully, over the last few years, this practice has encouraged consumers and businesses to take a stand and start advocating that women should be proud of their bodies regardless of their size. This is progress. But what about “age-shaming”? Making people feel “less than” because they are older (especially women) is the one form of discrimination that no one seems to talk about. Let’s look at careers for example. Why aren’t businesses actively trying to recruit older women and men? Many organizations are now struggling to find [...]
It’s probably a given that most of us could name five famous women in entertainment off the top of our heads. And yet, while the U.S. is desperately trying to encourage more girls to embrace the STEM fields, how many of us could name five female scientists, doctors, technologists, or mathematicians that are at the top of their game? Having experienced first-hand how COVID-19 has completely uprooted our lives, maybe we all should have a greater appreciation for women working tirelessly to solve some of the world’s other most significant challenges like climate change, disease prevention, and how to use technology for good. In our blog this week, FirstLantic is pleased to spotlight five amazing women changing the world. Jennifer Doudna Jennifer Doudna earned her [...]
Starting and running a small business is not for the faint of heart. It requires long hours, lots of determination, and above all, passion. And things that can be difficult even during the best of times have been magnified exponentially during COVID-19. Businesses are forced to deal with a whole new set of challenges in a pandemic world. As a small company that has just celebrated its 20th anniversary, FirstLantic has experienced the ups and downs firsthand. From that sense of accomplishment when your business succeeds to the pressure of growing and evolving, we can relate. We also realize how crucial it is for small businesses to access available resources. The problem is that many smaller enterprises don’t know where to begin. That’s why FirstLantic [...]
Okay, so this may sound completely crazy, but hear us out. If you have been laid off because of COVID-19 or you’re simply sick of your current job, maybe it’s time to start a business or find a new career. Okay, we said it. Now take a deep breath and listen to why this makes sense. First of all, disruption creates opportunity. Secondly, you have the time (and hopefully the will) to make a change and set yourself up for financial success in the future. Third, there are more small business loans and other resources available for free right now. FirstLantic shares three ideas to help get you started. 1. What do people need right now? They need delivery services, online goods, or maybe virtual [...]
Our senior population is the largest, fastest-growing, and most sustainable natural resource that we have. So, why does blatant ageism still exist especially when it comes to older workers? Why do many people see a senior worker as a negative rather than a positive? In a rapidly aging society, we are going to have to stop playing into ageist stereotypes and start embracing a workforce that is experienced, educated, motivated, and over 50. FirstLanticexplores how older workers are the secret weapon to fueling economic growth.
It’s not a secret that it becomes harder to get hired by companies the older that you get. That’s why the idea of starting a business can seem so appealing. However, having your own company is not for the faint of heart. It can mean living without a regular paycheck which is scary enough, but how do you know that your idea is even worth pursuing? Before you dive in, FirstLantic has developed some questions that you should answer first to see if it’s the right path for you.