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Tag: Baby Boomers

  • Gen Z Laughs When You Use ‘Out of Pocket’ and These Emojis | Entrepreneur

    Gen Z Laughs When You Use ‘Out of Pocket’ and These Emojis | Entrepreneur

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    The generational language gap is nothing new — and it’s causing some comical misunderstandings in the workplace.

    Gen Z is amused when their millennial and boomer colleagues use the phrase “out of pocket” to signal they’ll be stepping away during the work day because it means something entirely different for the younger set, Insider reported.

    Related: 3 Ways Gen Z CEOs are Crushing Stereotypes | Entrepreneur

    What’s the disconnect? Gen Z uses “out of pocket” to describe something that’s “inappropriate or wild,” according to a “cringe quiz” for Gen-Z office speak fluency published by The Washington Post last year. In the context of the younger generation’s definition, people who use the phrase to express they have a dentist appointment are instead suggesting they’ll be creating chaos from 1 p.m. to 2 p.m.

    The Washington Post‘s quiz featured other generational communication divides, including the word “slay” (which basically translates to doing something really well) and, perhaps unsurprisingly, several emojis that can leave wires crossed.

    Gen Z uses the skull emoji to convey they’re dying from laughter, the smiley face with a mild grin to show they’re not really happy and the painting nails emoji to express a range of meanings — “sass, pettiness or nonchalant confidence,” Lieke Verheijen, assistant professor of communication at Radboud University in the Netherlands, told the outlet.

    Related: 5 Simple Tips for Incorporating Gen Z Into Your Workplace

    Ending a sentence with a period might also be misinterpreted.

    The period “has lost its original purpose because rather needing a symbol to indicate the end of a sentence, you can simply hit send on your message,” Gretchen McCulloch, linguist and author of the book Because Internet: Understanding the New Rules of Language, told NPR — so using it now “can indicate seriousness or a sense of finality.”

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    Amanda Breen

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  • Millions of older Americans are nearing retirement without a penny in savings

    Millions of older Americans are nearing retirement without a penny in savings

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    If you ask Americans how much they’ll need for a comfortable retirement, they’ll throw out a big number: $1.25 million, to be exact. But in reality, most workers are far from reaching that goal — and there’s a significant chunk of older people who are nearing their golden years without a penny in retirement savings.

    About 27% of people who are 59 or older have no retirement savings, according to a new survey from financial services firm Credit Karma. To be sure, that’s the same share as the overall population, yet boomers have less time to save for retirement given that the generation is now between the ages of 59 to 77 years old. 

    The findings come at a time when lawmakers are discussing the health of the Social Security program, whose trust fund is slated to be depleted in 2033. That would result in a dramatic cut in benefits, with the 67 million retirees who depend on the program receiving only 77 cents for every $1 in benefits — a reduction that would hit the poorest Americans hardest, including those who have nothing saved for retirement. 

    Fewer younger workers are banking on Social Security to supply them with income in retirement, according to a separate study from Natixis Investment Managers. Only about half of millennials believe Social Security will factor heavily into their retirement plans, compared with 9 in 10 baby boomers — which indicates the older generation may be less financially prepared than younger Americans if benefits end up getting cut.

    “With Social Security, you should hope for the best but prepare for the worst,” noted Dave Goodsell, executive director at the Natixis Center for Investor Insight. 

    He added, “What people need to do, the bottom line, is take a minute to step back and say, ‘What do I need to retire, what will my income be,’ and then start saving.”

    Boomers: Dreams versus reality

    Boomers say they need $1.1 million for retirement, but the median retirement savings is $120,000 for that generation, Natixis found. To reach their goal, the typical boomer would need to sock away $186,000 annually, the study noted. 

    About 1 in 5 people over 59 don’t have a retirement account, the highest share of any generation, Credit Karma said.

    The gap between their goals and the reality of their savings could explain why boomers are pushing up their retirement age, Goodsell noted. For instance, boomers now project their retirement age at 70, while millennials believe they’ll step back from work at age 60.

    “Boomers have been trying to adapt, and saying, ‘We’ll work to 70 and get more time’” to save, he noted. 

    Among those planning on working longer is Daniel Fitzpatrick, a senior planning executive who told CBS Evening News earlier this year that he originally expected to retire at 60. Now 64, he’s still working and said he’s pushing back his retirement to age 70 — and plans to work part-time afterwards.

    “The benchmarks move as I get older,” Fitzpatrick said. 

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  • The Evolution of Songs About Nuclear War From Serious Threat to Love Metaphor, Or: The Present Relevancy of Charli XCX’s “Nuclear Seasons” and MARINA’s “Radioactive”

    The Evolution of Songs About Nuclear War From Serious Threat to Love Metaphor, Or: The Present Relevancy of Charli XCX’s “Nuclear Seasons” and MARINA’s “Radioactive”

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    While everyone had assumed that 1) Putin would never dare to actually invade Ukraine and that 2) if he did, it would never go on this long, they were all mistaken on both counts. As of March 27th, it is three-hundred and ninety-seven days into the invasion, and talk of nuclear war only continues to mount. Especially as Putin speaks of storing tactical nuclear weapons in Belarus, a maneuver that has been deemed a way to take said country as a “nuclear hostage” to the whims of the dictator swinging his “missile” around as leverage. By stationing missiles there, not only is Belarus a hostage, but the rest of the world becomes a prisoner to the irascibility of a man who wants to be able to constantly have the threat of “the button” on his side. And yet, when so many men in the past, including Putin contemporaries Kim Jong-il and Kim Jong-un, have made this threat only as a means to “flex,” it becomes a case of “The Boy Who Cried Wolf”—not that anyone has a problem with that in this scenario. It’s just that, the more a threat like this is made, the more idle it becomes. For one has to be willing to be insane enough to know that in pressing the button, they’re effectively kamikazeing themselves.

    Although everyone loves to condemn a baby boomer, it has to be said that no one knows better than said generation what it means to live under the anxieties of ceaseless nuclear threat. Ergo, the pervasiveness of music centered on the topic in the boomer heyday. Whether Sheldon Allman’s “Crawl Out Through the Fallout” and “Radioactive Mama,” Ian Campbell’s “The Sun Is Burning” (also covered by Simon & Garfunkel), The Fugs’ “Kill For Peace,” Bob Dylan’s “A Hard Rain’s a-Gonna Fall” or Crosby, Stills & Nash’s “Wooden Ships,” there was no shortage of grandiose numbers or “little ditties” about the subject matter. Some used music to make light of the situation as best they could. This included Allman, who sings on “Radioactive Mama,” “Well, when we get together, clear away the crowd/There won’t nothing left except a mushroom-shaped cloud.” Allman also adds, “Your kisses do things to me in oh so many ways/I feel them going through me, all those gamma, gamma rays.” Because if we can’t joke about things like this, then honestly, how are we supposed to get through it?

    The thing is, being out of the boomer era and on to a new one where everything is a potential source of offense, it would be unfathomable for songs like Allman’s to be released today. Including “Crawl Out Through the Fallout,” wherein he sardonically urges, “Crawl out through the fallout, baby/To my loving arms/Through the rain of Strontium-90” and then notes, for good tongue-in-cheek measure, “I’ll love you all your life/Although that may not be too long,” as well as, “Crawl out through the fallout back to me/‘Cause you’ll be the only girl in the world.” And no, this certainly isn’t what Rihanna had in mind when she said, “Want you to make me feel like I’m the only girl in the world.” Indeed, by the time the 2010s rolled around, nuclear war had become a far less chic topic in music, having reached a crescendo in the 1980s with singles such as Blondie’s “Atomic,” Talking Heads’ “Burning Down the House,” Rush’s “Between the Wheels” and Ultravox’s “Dancing With Tears In My Eyes.”

    With the 80s seeing the greatest spike in Cold War tensions of the twentieth century, things calmed down (or at least pretended to) in the decades beyond. Perhaps so much so that musicians forgot altogether how terrifying it was for people to live through the perpetual pall of nuclear war’s dark shadow. Hence, while Charli XCX and MARINA use the words “nuclear” and “radioactive” to describe a relationship, they do so with the level of cavalier apathy so often credited to a millennial. At the same time, it was as though they both somehow had their finger on the pulse of what was to come in the next decade, with MARINA’s “Radioactive” appearing on 2012’s Electra Heart and Charli’s “Nuclear Seasons” appearing on 2013’s True Romance. Regardless of the years that each album came out, both singles, eerily enough, were initially released in 2011. What’s more, by putting the songs out during this moment in time, they also had the advantage of doing so when it wasn’t such a “hotbed” issue to wield such terms as metaphors. Which both of them do. For Charli, the “nuclear season” she refers to is a relationship that’s about to blow up as she announces, “We in the nuclear season/In the shelter I’ll survive this though.” Because a fallout shelter remains, evidently, a timeless symbol in our fucked-up world. MARINA, then Marina and the Diamonds, also knew how to brandish the trope in her first single from Electra Heart, singing, “When you’re around me, I’m radioactive/My blood is burning, radioactive/I’m turning radioactive/My blood is radioactive/My heart is nuclear/Love is all that I fear.” Roughly ten years on, however, the thing one ought to fear most is the total lack of potential for love in the world. For there should be no concern on MARINA’s part about love even being an option in this loveless, AI hellscape.

    So sure, if baby boomers thought it was bad to grow up being shown the “Duck and Cover” video in elementary school, they can take comfort in knowing that the rest of us are probably worse off for having nuclear war used as love metaphors rather than a legitimate source of concern. In said 1951 informational video from the Federal Civil Defense Administration, Bert the Turtle shows kids “what we all must learn to do.” Which is crawl into our “shells” and hide. The carapace that most white children were expected to have being a fallout shelter. Thus, the narrator assuring the white students watching, “Be sure to get into the house fast, where your parents have fixed a safe place for you to go.”

    For those NYC Black kids who were lucky enough, maybe their building had a community fallout shelter in the basement that’s since been converted into a shitty laundry room. Otherwise, it was probably tough titty. For we can’t pretend it’s not part of the racially-prejudiced dictator’s aim to wipe out the marginalized. Which is exactly what would have happened in the 50s and early 60s if a bomb had actually detonated. Because only the white folks were investing in bomb shelters. After all, the financial disparity between white and Black Americans at that time was an even more considerable factor. Not to mention the racially assumptive policies of civil defense that deliberately chose to ignore that people of color did not have the same resources as the “ideal” of the day: the suburban, white, middle-class nuclear (ironic, yes) family.

    So maybe it is nice to have Charli and MARINA “equalize” the bomb by making it a love metaphor (and yes, a toxic one). One that redefines what the narrator in “Duck and Cover” says: “The bomb can explode any time of year, day or night.” Yes, the love bomb sure can. Elsewhere, our narrator promises, “Older people will help us, as they always do.” A big presumption that obviously didn’t take into account how selfish the modern adult would become. The narrator makes certain to include the caveat, “But there might not be any grown-ups around when the bomb explodes.”

    “Grown-up” (an illusory term) present or not, the idea that ducking and covering was really going to spare anyone from nuclear fallout was both precious and self-deluding—and likely a huge government conspiracy designed to placate the masses. Which is why they could write off nuclear attack as being just another “little danger” to potentially be prepared for as viewers of the video are soothed, “We all know the atomic bomb is very dangerous. Since it may be used against us, we must get ready for it. Just as we are ready for many other dangers that are around us all the time.” No one thought to point out that these dangers (e.g., fires, earthquakes) were not needlessly designed by the government.

    And so, even now, we all just keep hoping for the best in terms of how “prepared” we are. That these dictators are merely pathetic man-boys crying wolf, but would never actually greenlight the mushroom cloud. Plus, if no one is around anymore to oppress, where’s the fun in that to a dictator?

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    Genna Rivieccio

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  • “Reality Is Submerged in Fantasy”: The Villages Is a Boomer’s Utopia—And Demographic Time Bomb

    “Reality Is Submerged in Fantasy”: The Villages Is a Boomer’s Utopia—And Demographic Time Bomb

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    When you consider how the baby boom has affected America, it’s impossible not to contemplate its natural conclusion.

    There was a sudden, unexpected surge in births—and within a decade, diaper services went from a novelty to the equivalent in 2021 dollars of a nearly half‑billion‑dollar industry. Cities rushed to build more schools. Then a bit later America had millions of teenagers, so businesses and industries reorganized around them.

    Over and over, age‑dependent systems struggled to accommodate the encroaching boomers. To use a boom‑appropriate analogy, America has been a nation of Lucille Balls scrambling to handle the conveyor belt of chocolates. And now, more than 75 years into the boom, you might be able to predict which systems will be overrun.

    Harold Schwartz made just such a prediction back in the early 1980s.

    Schwartz had been selling tracts of Florida real estate by mail until the practice was banned in 1968. After a brief foray into mobile‑home parks, Schwartz brought in his son Gary Morse, an advertising executive from Chicago, to overhaul the sales strategy. Morse shifted the focus to houses, including offering prospective retirees a half‑hour “video tape tour” of the concept by mail. The pitch went from shoddy to showbiz.

    The eventual result was the Villages, a series of interconnected housing developments—the “villages” themselves—marketed as an all‑inclusive lifestyle that redirected retirement from senior community centers to senior‑ centered communities. Year after year over the past decade, the Villages landed among the fastest growing regions in the United States. In 2010, the Census Bureau estimated that about 86,000 people lived in the area. By 2020, the population neared 130,000. More than 7 in 10 of those residents are aged 55 or over, the largely inflexible minimum age required to own a home in one of the villages. Most of the Villages is contained within Sumter County, where, in 2003, 21.3 percent of its population were baby boomers. In 2019, 42.8 percent were, the third‑highest percentage of any county in the United States. The Villages grew so fast that, in the past two censuses, it helped Florida’s center of population stop moving toward Miami and start moving back toward Sumter County.

    When I visited the Villages in May 2021, a board listing new residents, broken out by state, had dozens of names. Those were the people who had moved in in less than a week. Ryan Erisman, a writer focused on Florida’s retirement communities, estimated that 2,000 homes are sold in the Villages a year. Other estimates have that figure in a matter of months.

    The developments, often distinguished with vaguely elegant or Spanish‑ish names, line two major thoroughfares. The homes themselves are generally small ranch houses that differ little from one to the next. It’s simple to get lost within or between the developments because of the similarity from one street to the next and because everything’s shifted off‑kilter by dozens of golf courses.

    The villages serve the Villages like a congregation singing in a church: a lot of shaky individual performances that fuses into something with a bit more energy and appeal. People come not for the homes but the amenities— and for the community within and between the developments.

    There’s an insistence to that community; the Villages cannot be an easy place for an introvert. The ubiquitous golf carts often have the names of the passengers emblazoned in script on their hoods, man in the driver’s seat, woman on the passenger side: Dennis and Sally; John and Beth. Signs outside of houses often offer the same information. There’s no excuse for not knowing your neighbor in the Villages.

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    Philip Bump

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  • As the cost of living skyrockets, nearly 1 in 3 adults rely on their parents for financial support

    As the cost of living skyrockets, nearly 1 in 3 adults rely on their parents for financial support

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    As the cost of living skyrockets, many adults are turning to a familiar safety net: mom and dad.

    Nearly a third of millennials and Gen Zers, over the age of 18, get financial support from their parents, according to a new survey by personal finance site Credit Karma. The site polled more than 1,000 adults in October.

    More than half of parents with adult children said their kids are living with them. Another 48% said they pay for their kids’ cell phone plan, car payments or other monthly bills. Nearly a quarter also said they provide their adult children with a regular allowance, pay some or all of their rent or have them as an authorized user on their credit card, the report found. 

    “What used to be paying your kid’s cell phone bill every few months has now turned into a much more extensive set of expenses for many parents,” said Courtney Alev, Credit Karma’s consumer financial advocate.

    More from Personal Finance:
    1 in 5 young adults have debt in collections, report finds
    Gen Zers are home for the holidays on mom and dad’s dime
    63% of Americans are living paycheck to paycheck

    Multigenerational households can be a way to save

    During the pandemic, the number of adults moving back in with their parents — often referred to as “boomerang kids” — temporarily spiked to a historic high.

    Most said they initially moved in with their parents out of necessity or to save money. Hefty student loan bills from college and soaring housing costs have put a financial stranglehold on those just starting out. The surging cost of living and sky-high rents are making it harder to move on.

    The number of households with two or more adult generations has quadrupled over the past five decades, according to a separate report by the Pew Research Center based on census data from 1971 to 2021. Such households now represent 18% of the U.S. population, it estimates.

    Finances are the No. 1 reason families are doubling up, Pew found, due in part to ballooning student debt and housing costs.

    Now, 25% of young adults live in a multigenerational household, up from just 9% five decades ago.  

    In most cases, 25- to 34-year-olds are living in the home of one or both of their parents. A smaller share live in their own home and have a parent or other older relative staying with them.

    Not surprisingly, older parents are also more likely to pay for most of the expenses when two or more generations share a home. The typical 25- to 34-year-old in a multigenerational household contributes 22% of the total household income, Pew found. 

    How to achieve financial freedom

    For parents, however, supporting grown children can be a substantial drain at a time when their own financial security is at risk.

    In an economy that has produced the highest inflation rate since the early 1980s, the cost of providing support has risen sharply. According to Credit Karma, 69% of the parents who help their adult children said it causes them financial stress.

    “It’s essential that parents do what they can to first take care of themselves financially, before offering financial support to their adult children,” Alev said.

    “Like with anything, make a budget for your income and expenses, factoring in savings, debt repayment and, if possible, contributions to a retirement fund,” she advised.

    “Once you’ve done that work, see how much you have left over to feasibly help your adult kids and set that expectation with them. You might even consider setting an expiration date to give your adult children a timeline for when they need to be back on their feet.” 

    Subscribe to CNBC on YouTube.

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  • Diversifying Menu Options in Senior Living Communities

    Diversifying Menu Options in Senior Living Communities

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    Being older has never been so popular. More than 55 million Americans are 65 and up and make up a higher percentage of the U.S. population than ever before.

    Baby boomers are a huge part of it: Every day, 10,000 of them turn 65 until 2030, causing a “silver tsunami” of changes in the senior living industry.

    Food plays an important role: Many of today’s prospective residents have traveled more and eaten better than earlier generations. The three-meals-a-day concept is giving way to all-hours availability. Upscale and organic options like roasted apple and brie grilled cheese and gourmet burgers are replacing senior communities’ menu mainstays like split pea soup and meatloaf.

     

     

    That may sound like an upgrade, but a lot of people might appreciate a more diverse menu. More than 13% of today’s U.S. seniors were born in other countries. Many moved to America decades ago – and people from all over the world enjoy eating a wide variety of dishes. And yet, the traditional foods of your culture often remain staples of what you cook and eat. So what are the options if you might want to change where you live — by moving to an independent or assisted living community —  but not what you eat?

    More Roti, Less Mashed Potatoes

    Many senior communities offer a weekly international food theme, like Taco Tuesday or Italian night. But the majority of the menu is still traditionally Western. That works for most, but not everyone.

    “Indian food is so important to our residents that, when they reach the assisted living stage, nobody moves out because they’d have to contend with mashed potatoes and green bean casserole,” says Iggy Ignatius, chairman and founder of ShantiNiketan Retirement Communities in Tavares, FL. “It wouldn’t be spiced up the Indian way.”

    While scoping out a second career in social work, Ignatius noticed that many fellow Indians who’d moved to America in the ’70s and ’80s didn’t want to retire to India and leave their children and grandchildren behind.

    “There were a lot of retirement communities in America, but no Indian retirement communities. They served food, but not Indian food,” Ignatius says. “I saw that as a niche and thought, if I started something like that, maybe it’d be my social work.”

    Though it’s not marketed as an exclusively Indian community, 100% of the residents in the 300-home community are Indian. Of those, many are vegetarians for religious or cultural reasons. As an optional add-on to housing, ShantiNiketan offers a food club. A board of advisors creates the menu and two cooks prepare the dishes. Lunch might be mixed dal (lentil stew) with cabbage, potatoes, green beans, salad, roti (a type of flatbread), rice, yogurt, and pickles. Dinner options include uttapam (pancake made with fermented lentil rice batter), chole puri (a chickpea dish) and radga (potato, white peas, and cilantro) patties.

    ShantiNiketan’s Food Club was a major factor in the decision-making process for Leela Shah, who came to America from central India in the early 1960s for college and built a life and family here with her husband, Atul.

    “When we first came to America and adjusted to Western cuisine, our weekly diet included American food, but mostly we eat Indian,” she says. “I worked very hard all those years and wanted the option to cook or not cook if I wanted to in our later years.”

    With backgrounds in pharmaceutical chemistry, the Shahs were also concerned about nutrition.

    “There’s fancier food in other communities, but nutrition is important to us and here we can eat everyday Indian food that’s balanced, healthy, and affordable,” she says. “If it’s not spiced the way we like it, we bring our own black or red pepper to make it hot.”

    Keeping It Spicy

    Diversity is always on the menu at Priya Living, an Indian-inspired independent living community with four locations near Indian communities in California, and two more planned in Michigan and Texas.

    Where many senior communities have a central clubhouse for dining, Priya Living has a “marketplace” that’s open from 8 a.m. to 8 p.m. and offers a chai bar, hot bar, refrigerated grab-and-go section, and provisions you can purchase and cook in your room. It’s mostly, but not exclusively, vegetarian Indian food, with some chicken, lamb, and goat options and themed international days that include Italian, Mexican, Chinese, and Indo-Chinese cuisines.

    “Besides the price and layout, the number one question we get is, ‘What kind of food do you serve?” says Anjan Mitra, Priya Living’s head of innovation and former founder and CEO of Dosa, a family popular Indian restaurant in San Francisco. “The Indian style of cooking is very different. It’s not uncommon for us to use 15 different spices in a dish, but they have to work with each other. People are invested in the food — they want it to be familiar — but they’re not invested in cooking it anymore.”

    An Issue of Identity

    As a teenager, Yuji Ishikata cared for his aging grandmother. Once a wonderful cook, she spent her final years eating prepared homestyle Japanese meals similar to what Ishikata now makes for other seniors as the chef of the nutrition program at J-Sei, a Nikkei cultural organization in San Francisco’s East Bay area.

    In addition to Japanese meals served at their 14-bed residence facility, J-Sei offers home-delivered lunches Monday through Friday to people 60 or older in their delivery area who can’t shop for or prepare their own meals.

    “Losing touch with the Japanese food they’ve eaten their entire lives would be like losing their identity,” Ishikata says. “Whatever else is changing around them, food offers comfort, nostalgia, and familiarity.”

    Ishikata sends out around 150 meals every weekday from a set monthly menu that includes chicken teriyaki with broccoli and unagi donburi, or eel over rice, Kazue Nakahara’s favorite dish.

    For Nakahara, 76, who’s third-generation Japanese-American, J-Sei’s meal delivery eliminates the large amount of preparation and “fuss” she says Japanese food requires above Western dishes like spaghetti and meatballs.

    But her real motivation is comfort: Nakahara’s Japanese-born husband, Hidetaka, 80, has gravitated more to the food of his childhood as he’s aged.

    “Before he’d make a fried egg and bacon for breakfast. Now he prefers onigiri, or rice balls, and some miso,” she says. “The older he gets, the more Japanese he gets.”

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  • People Are Starting to Get Really Annoyed by ‘Quiet Quitting’

    People Are Starting to Get Really Annoyed by ‘Quiet Quitting’

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    In the beginning, there was “quiet quitting.” And it was good.

    Burned-out Gen Zers and Millennials across the country stopped over-extending themselves at work to take more time for mental health.

    The Tik Tok trend then morphed into a series of offshoots, including quiet firing, quiet hiring, and fast quitting.

    But now, some in the workforce are starting to say enough is enough. They wish the quiet quitters would just quit already.

    A new survey by LLC.org looked at the most annoying coworker habits and found, you guessed it, that quiet quitting was among the most irritating.

    More than six-in-ten (62%) find the trend incredibly annoying, with more than half (57%) saying they’ve recently noticed a colleague who has “quiet quit.” Of those, 57% say they’ve had to take on more work because their colleague decided to do less.

    Gen Z and Millennials started quiet quitting, so perhaps it should come as no surprise that Baby Boomers and Gen X are the most fed up with the trend. But a majority of Gen Z and Millennials also disapprove, calling it “anti-work.”

    Other annoying coworker habits

    LLC.org surveyed 1,005 full-time employees across the U.S. Fifty percent of respondents were male, and 50% were female, with an average age of 38.

    And boy, were they testy.

    A majority of workers (83%) say they work with someone who gets under their skin. According to respondents, 22% say it happens daily, while nearly half (47%) say it happens a few times per week.

    Gen Z is the most annoying generation, according to the survey, with 59% of respondents saying Z is the least productive.

    In-person coworkers are more annoying than remote coworkers, and mid-level coworkers are the worst of all the tiers (33%).

    Other coworker annoyances include: complaining, laziness, arrogance, and interrupting.

    And workers’ frustrations don’t just stop at the way people act—they’re also bothered by the way people speak. Here are some of the terms they wouldn’t mind being banned forever from the office.

    “Quiet quitting” was not on the list, but probably should be.

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    Jonathan Small

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  • YourEncore® Joins AARP® Employer Pledge Program

    YourEncore® Joins AARP® Employer Pledge Program

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    National effort helps employers solve staffing challenges, directs job seekers to employers that value and hire experience

    Press Release
    –


    updated: Jun 12, 2017


    Indianapolis, IN, June 12, 2017 (Newswire.com)
    –
    ​​​​​​​​​​YourEncore, a leading provider of world-class expertise for flexible resourcing and consulting engagements to life sciences and consumer goods companies, has joined more than 450 organizations in signing the AARP Employer Pledge, confirming their commitment to hiring across the age spectrum and leveraging the value that experienced workers bring to companies of all sizes.

    “YourEncore was founded on the core principle that experience matters,” said Mike Lewis, Chief Sales & Marketing Officer at YourEncore. “Our mission is to put experience to work. We offer clients the opportunity to tap into the most accomplished and experienced community of experts in the world, and we offer our talent community, or YourEncore Experts as we call them, the opportunity to use their experience to make a lasting difference. We are excited to join with AARP in its mission to drive awareness of the wisdom, experience, and technical skill of accomplished business professionals.”

    “YourEncore was founded on the core principle that experience matters. We are excited to join with AARP in its mission to drive awareness of the wisdom, experience, and technical skill of accomplished business professionals. We’re passionate about creating the workforce of the future…one that is ageless, inspires and engages talent, and accelerates business performance. We look forward to working with AARP on this all-important journey.”

    Mike Lewis, YourEncore Chief Sales & Marketing Officer

    Employers are facing a chasm of wisdom, experience, and absolute talent supply that places achievement of their business objectives at risk. Over 10,000 Baby Boomers retire every day. While Millennials currently provide the workforce with a large infusion of talent, their numbers alone are still not enough to stem the tide of departing Boomers1. This talent gap cannot be closed with traditional employment models. Given the seismic shifts taking place in today’s workforce, companies need to think differently about how they utilize talent, and individuals need to think differently about how they approach work. YourEncore is uniquely positioned to provide both groups with the solutions they need to successfully navigate and take advantage of this perfect storm that is today’s economy.

    YourEncore combines cutting-edge technology and high-touch personal engagement to build robust, vibrant talent communities, match talent to business requirements, and create tailored talent solutions that allow clients to transform and grow and Experts to realize their personal and professional goals.

    Although some Boomers are stepping away from traditional full-time, career-focused employment, many want to continue working, for a host of reasons from social to professional to financial2. YourEncore is a leader in mobilizing this “encore workforce” and has helped thousands of Experts build successful consulting careers through rewarding project work and professional development.

    For clients, YourEncore deploys world class expertise from their Expert Network to solve complex problems, support critical initiatives, and fill capability and capacity gaps. Experts are hand-picked and matched for subject matter expertise and business acumen. They are alumni from some of the best companies in the world, average over 25 years of experience, and the majority hold advanced degrees. The power of that experience – which the AARP Employer Pledge Program is designed to elevate – is the impetus behind the founding and on-going growth of YourEncore.

    “We’re passionate about creating the workforce of the future…one that is ageless, inspires and engages talent, and accelerates business performance,” said Lewis. “We look forward to working with AARP on this all-important journey.”

    About YourEncore®: YourEncore is a leading provider of proven expertise, delivering flexible resourcing and consulting services to the biopharma, medical devices and diagnostics, and consumer goods industries. YourEncore mobilizes the wisdom and knowledge of highly experienced, immediately effective Experts to help companies outthink, outpace, and outperform. Based in Indianapolis, IN, with offices in Cincinnati, OH and Princeton, NJ, YourEncore was named a “100 Most Brilliant Company” by Entrepreneur Magazine. For more information, visit yourencore.com and follow us on Facebook @YourEncore, Twitter @YourEncoreInc, and LinkedIn.

    1https://www.conference-board.org/laborshortages/

    2https://www.transamericacenter.org/docs/default-source/retirement-survey-of-workers/tcrs2016_sr_perspectives_on_retirement_baby_boomers_genx_millennials.pdf

    Media Contacts:

    Mike Lewis 609.216.7903 mike.lewis@yourencore.com

    Nancy Reilly 513.609.4516 nancy.reilly@yourencore.com

    Source: YourEncore, Inc.

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  • Lafayette Electronics Inc. Signs Exclusive Distribution Agreement for North America for the Pininfarina Designed State-of-the-Art Electric Bike (E-Voluzione)

    Lafayette Electronics Inc. Signs Exclusive Distribution Agreement for North America for the Pininfarina Designed State-of-the-Art Electric Bike (E-Voluzione)

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    The E-voluzione is an innovative electric bike poised to create real evolution in the electric bike market for its design, technology, performance and comfort.

    Press Release
    –


    updated: Feb 1, 2017


    ​Boca Raton, Florida, February 1, 2017 (Newswire.com)
    –
    ​​Lafayette Electronics Inc. has partnered with Pininfarina, an Italian car design firm and engineering firm located in Cambiano, Italy, to distribute the company’s new state-of-the-art E-voluzione, an innovate electric bike. Lafayette Electronics, Inc recently signed an exclusive distribution agreement to sell the electric bikes in North America. Electric bikes are growing in popularity across the globe with an increased presence in North America.

    According to research by Navigant Research (in 2016), electric bicycles continue to be the highest selling electric vehicle around the globe with sales forecasted for 2016 to have reached 35 million units. Improving battery technology is resulting in e-bikes that are lighter, lower in cost, and similar to traditional bicycles. Increasing urbanization and a desire to move away from cars for motorized transport has also lead to market growth. China still leads the global e-bike market but Western Europe and even North America are beginning to increase their market share. According to Navigant Research, global e-bike sales are expected to grow from more than $15.7 billion in revenue in 2016 to $24.4 billion by 2025.

    “We are happy to have signed this exclusive distribution agreement with Pininfarina to bring their revolutionary new electric bike to the marketplace in North America. These e-bikes are growing in popularity because of their technology, innovation and ease of transportation, especially in more urban environments.”

    Steve Cavayero, CEO of Lafayette Electronics Inc.

    Pininfarina’s E-voluzione combines the long history of the company’s expertise in designing sporty cars and eco-friendly solutions with Diavelo, a member of the Accell Group state-of-the-art technology in the bicycle sector.  The E-voluzione features a high level of integration of all components that results in better weight distribution and balance and a more comfortable and performing ride. The use of carbon in the frame and in the bar, seat post, wheels allow the bike to be super light compared with the competitors on the market. Also, the patented inside the frame Panasonic battery is fully integrated and easily removable for recharge. The bike features hydraulic disc brakes and other Shimano components.

    “We are happy to have signed this exclusive distribution agreement with Pininfarina to bring their revolutionary new electric bike to the marketplace in North America,” says Steve Cavayero, CEO of Lafayette Electronics Inc. “These e-bikes are growing in popularity because of their technology, innovation and ease of transportation, especially in more urban environments.”

    For confidential inquiries regarding our authorized dealership opportunities in North America please contact:

    Email: Sales@Pininfarina-eBikeNA.com    US Tel.: (561) 465-7612

    The Pininfarina E-voluzione is available in three different styles including the Elegance, Hi-tech and Dynamic models. To learn more about this innovate bike, visit:  www.Pininfarina- Evoluzione.com

    About Lafayette Electronics Inc.

    Lafayette Electronics Inc. is a Florida, US Corporation since 2004, and has been based in Boca Raton, Florida since 1998, with a brand presence in the global market since the 1970’s for home audio and consumer electronic products.  

    Contact:

    Email – Sales@pininfarina-eBikeNA.com        

    US Tel. – 561-465-7612

    Sources:

    Navigant Research – Electric Bicycles

    Source: Lafayette Electronics Inc.

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