Advancing the Economic Wellbeing of Older Workers

Enrich your organization with seasoned professionals who have proven track records of success, mature judgement and strong work ethic.

Every day 10,000 people turn 60. This pattern will continue until 2029. These 79 million Baby Boomers are a tremendous untapped resource. Many want to continue to stay active in the workforce. A growing number of older Americans are poor or at risk of poverty, and the job market is especially challenging to them. The jobless rate of workers who are 55 years or older and earn less than $20,000 per year is three times higher than for older workers in general, and older workers take twice as long as younger workers to find employment.

The Fedcap Group is committed to ensuring that older individuals who want to work, in whatever capacity, have both the skills and the opportunity to do so.

The current offerings of the Fedcap Group include:

ReServe

Founded in 2005 ReServe engages older adult professionals in the work of helping solve societal challenges. ReServists, as they are called, are a new generation of older adults—and the best experienced and educated in our history—who are making a difference in society. ReServe is based on three simple beliefs. First, there are interested, retired individuals willing to use their time and talent for the public good. Second, money makes a difference in engaging them. Third, nonprofits will invest in them as they see the potential benefits to their organizations.

In a time of shrinking endowments, charitable resources, and government budget cuts, over 800 nonprofits and government agencies have realized the value of ReServe. A recent survey indicated that over nine out of ten organizations said ReServists were important to accomplishing the organization’s work and that they would recommend ReServe to their peers.

To enlist as a ReServist or to find out how to introduce ReServists in your organization, contact Dawn Mastoridis at DMastoridis@reserveinc.org.

Work Readiness and Job Placement

Many workers want to re-enter the workforce but do not have the technological skills required. Our work readiness and job placement programs for older workers provide services that include resume development, mock interviews, effective job search strategies and workshops that help older individuals succeed in today’s technology-driven environment.

Further, we work with clients to plan and achieve financial goals that will help them retire with dignity. We provide financial literacy courses and asset-building services. We refer individuals to mainstream financial institutions, helping reduce their debt, providing information and guidance in meeting their financial obligations.

“OUR SENIOR CITIZENS DON’T WANT HANDOUTS. THEY WANT WORK. THEY WANT TO CONTINUE TO MAKE A CONTRIBUTION…. THEY WANT TO CONTINUE TO BE A VITAL AND LIVING PART OF AMERICAN SOCIETY.”

SECRETARY OF LABOR WILLARD WIRTZ AT THE SIGNING OF CONTRACTS FOR OLDER AMERICAN COMMUNITY SERVICE PROGRAM, FEBRUARY 15, 1968.