SENIOR CITIZEN Senior citizen is a common polite designation for an elderly person and it implies or means that the

person is retired. This in turn implies or in fact means that the person is over the retirement age, which varies according to country. Some dictionaries describe widespread usage of "senior citizen" for people over the age of 65. "Senior citizen" is replacing the term old-age pensioner traditionally used in UK English. When defined in an official context, "senior citizen" is often used for legal or policy-related reasons in determining who is eligible for certain benefits available to the age group. It is used in general usage instead of traditional terms such as "old person", "old-age pensioner", or "elderly" as a courtesy and to signify continuing relevance of and respect for this population group as "citizens" of society, of "senior" rank. The term was apparently coined in 1938 during a political campaign.It has come into widespread use in recent decades in legislation, commerce, and common speech. Especially in less formal contexts, it is often abbreviated as "senior(s)", which is also used as an adjective.

In commerce, businesses often offer "senior discounts", sometimes with a special. "senior discount card"

QUALIFYING AGE The age which qualifies for senior citizen status varies widely. In governmental contexts it is usually associated with an age at which pensions or medical benefits for the elderly become available. In commercial contexts, where it may serve as a marketing device to attract customers, the age is often significantly lower. In the United States, the standard retirement age is currently 65 (gradually increasing to 67). The AARP allows couples in which one spouse has reached the age of 50 to join, regardless of the age of the younger spouse.

RETIREMENT PLANING Why Should a senior citizen plan one‘s Retirement? Retirement is mandatory at a certain age for those who are in employment and voluntary for the self-employed. Whether it is at 58, 60 or 65, it brings some sudden

they find themselves without work. self-image. Life ahead begins to look bleak. people start seeking for some or the other means to earn income because it is not the person alone but the whole Family that suffers Money crisis as the source of Income stops all of a sudden. without contact with their co-workers and without any goal to look forward to. Overnight. After retirement.changes and harsh adjustments for which seniors are little prepared. then they can earn from Investing into some better Investment opportunities which fetch them with dividend. . Sometimes depression sets in. So it is essential to plan one's retirement. purpose and friendships. A job provides not just money but lifestyle. If they have well planned in advance and have sufficient Savings. What After Retirement?? Most people take time to adjust to retirement. This also makes them tensed about their future as well as of those who are just dependent on them.

Certainly projections are showing that by 2010 senior citizens will make up 1/3 of the entire workforce in the United States. Nowadays. Many employers want younger people since they have the misguided belief that older workers will make more demands or are outdated . So just what types of senior citizens job opportunities are there available to them? How To Get Your Desired Retirement Job Opportunity Now that you know what you want. because of improved health and the desire to stay active more and more senior citizens are looking for job opportunities. The sites in the previous section are looking for seniors or work at home professionals. There are many reasons why these employers want older workers. if they have specialized skills then they can invest in opening their own Business. Certainly because of this the job market for those that are now over 50 is improving.Also. how do you get it? Going to websites and applying for jobs just isn‘t going to cut it for this specialized search. Here are a few notes to remember… 1. Look at companies that want you.

Visit the places you might want to work 4. you might have to volunteer first but can be placed into a longer term part time job once they have grown to like you. you‘ll avoid having a ―dream job‖ turn into a huge pain in the neck. A lot of popular senior jobs aren't on websites or job their skills.‖ they might think you‘ll be harder to please. Sometimes. Every desire should be in the open The fact is. Overall. If you‘re prepared to be picky up front. 3. you dictate your schedule now. Avoid these silly biases by looking at sites that want professionals online (Odesk doesn‘t care who you are but the employers want good work for a fair price) or job listings that want older workers (Retired Brains and Workforce50) 2. The roles are there but you have to find them. finding the right retirement job can be an enjoyable experience if you have the right attitude . Since you‘re ―retired. If an employer wants something that you don‘t want to give them then this isn‘t the right fit. Don't overlook turning our hobby into a money maker.

It is quite easy to get set up just place an advert on your local supermarket bulletin board. Let us see in detail. home owner's . some of the Employment opportunities for them: 1. Just get out there and find something that will make your golden years even more enjoyable. Very less Government interference is observed which gives opportunity to Senior Citizens to find the source of Income for their Family.and spend time finding the right thing for you. Certainly more and more parents would be happy to leave their children with a more experienced and mature senior than a 14 year old. there are opportunities for you. Baby Sitting Unfortunately there are lots of children out there who do not have Grandparents. If you want a regular part time job or you want to start a home business. Employment opportunities for Senior Citizen Nowadays Government have started taking good Initiatives for providing some or the other kind of Employment opportunities for Senior Citizens.

it was intriguing to read an article in the Mumbai Mirror today which said: Faced with huge salary burden and attrition rate among employees.Banks more than willing to hire senior citizens India has a young population. There are so many young. Many people will know that their homes will be well cared for by such people. fresh souls to choose from. 3. We have written about this problem here. However. House Sitting Many people are now traveling to see their children or friends. 2. So these people will spend long times away from their home and there are plenty of opportunities now for senior citizens to offer their services as house sitters. banks and financial institutions are lining up to recruit senior citizens for their call centres and desk jobs as they are more dependable and are unlikely to . You will soon be amazed at the responses you will get. Maybe that is one of the reasons why discrimination on the basis of age is so rampant here.association newsletter or at your church.

It is about time that importance is given to an individual. ICICI for example has asked for 100 people who will work part-time and get a good salary. many of whom treat values like honesty and loyalty as outdated Whats heartening is that it is not just people over forty that the banks are looking at…but senior citizens. About time that we looked at whether a person has initiative and ability. Being an optimist. Example:ICICI Prudential launches job portal for senior citizens . the elderly have been found to be more loyal and honest than the GenX.hop jobs for some extra bucks. One doesn‘t know whether this is an isolated example or whether it is the beginning of a trend. And to tap this resource various banks have approached Dignity Foundation. a non-governmental organisation (NGO) working for welfare of senior citizens. After all everyday in the newspapers we hear about the shortage of qualified people. Also. plus benefits. I prefer to think of it as a trend. rather than at his birthdate. but at least the fact that they can contribute is being acknowledged. Senior citizens may well be the second choice for companies. people who are well past their ‗retirement‘ age.

The portal has been launched by ActivAge.dignitysecondcareers.000 members across the country. an organisation formed jointly by ICICI Prudential and Dignity Foundation. who are looking for a productive way to spend their free time. a nonprofit organisation for ageing people. The job listings on the portal include both paid and voluntary work. The Bank has a network of about 1.308 branches and 3. ICICI Bank is second amongst all the companies listed on the Indian stock exchanges in terms of free float market The portal is for retired people above the age of 50 years.58 billion for the year ended March 31. 2008. 41. Candidates can post their resumes on the site for a fee of Rs 100. .997. www.95 billion (US$ 100 billion) at March 31.ICICI Bank is India's second-largest bank with total assets of Rs.950 ATMs in India and presence in 18 countries. 3. which has more than 50. ICICI ICICI Prudential Life Insurance has launched a job portal for senior citizens. 2008 and profit after tax of Rs.

Shikha Sharma. ICICI Prudential formed ActivAge in October 2007 to promote . it will charge fees from employers (a one-time registration fee) as well as employees (for accessing resumes). we will be able to popularise the concept of re-employment of senior citizens in the country. NGOs can also scout for volunteers on the site by placing their postings there. DSK Legal and ICICI Bank. Some of the employers on the site are TM Cards Dot Com. said in an official communiqué. We are confident that through this website and our other initiatives. Advertising space has also been created on the portal in the form of banners. Though the portal has been created with a social purpose. who unveiled the portal in Chennai.‖ For the record. ICICI Prudential Life Insurance offers six different insurance products specifically for retirement investment. managing director and chief executive officer of ICICI Prudential Life. ―The job portal will bring together companies that are open to enriching and benefiting from the rich experience of retired citizens.Employers can access the resumes for jobs which suit the profile of the candidates. and senior citizens who are enthusiastic about pursuing careers post their retirement.

“productive ageing” among senior citizens in the country. Fla. A good compromise might be to find a work-at-home job. In 2007. then 61. But retirement proved to be short-lived. Two years later. you may be speaking with Booley in the spare bedroom of her Ocala. she found a part-time job that allowed her to work from home. . home. Now. Her husband had recently died from chronic kidney failure. when you dial Office Depot's toll-free number. 4. That's what Jackie Booley did. the prospect of long commutes and annoying coworkers can be daunting. Great Work-at-Home Jobs for Retirees Earn extra money without ever leaving your house En español | Returning to work is an economic necessity for some retirees and a personal choice for others. Either way. was exhausted from serving as his primary caregiver while holding down full-time employment. and Booley. she retired from her position as an AT&T call center manager.. with energy restored and her nest egg depleted.

com . Rather. At $9 an hour. a call center service headquartered in Denver.She doesn't work for the office-supply retailer. Booley logs in anywhere from 18 to 30 hours each week answering questions and processing orders. she usually earns between $500 and $600 per month.500 work-at-home customer service agents in 1.700 cities. and I can fall out of bed and go to work in seconds." The topper: She's banked enough hours with her virtual employer to take a paid vacation to England this year. Booley's employed by Alpine Access. Incoming calls to Office Depot are routed to her in Florida. Alpine has 4. It's not a fortune. FL. "I absolutely love it. I feel like I'm my own boss. Jackie Booley works for a call center out of her home in Ocala. "It gives me flexibility. but the extra money does allow her to go out to dinner and a movie without worry. however." says Booley of her work-at-home job. — BRIANSMITH.

then they don‘t require anything else. most of the BPO‘s provide with pick up and drop services. If an employee can communicate in a proper manner. so communication becomes an integral part of the working. their communication skills wont change. Employers decision Employees get retired At the age of 58 for State Government n 60 for Central Government. Age does not matter at all. If they are able to still deliver their best. The main skills judged are Communication skills and convincing power over the phone. CALL CENTRE – Call centre hires people merely on the skills and Talent. If an employee is Aged. 6.5. So it becomes even more easier for them to dedicate themselves to work. Also. most of the Senior citizens who can speak well. so Call centre would happily hire them. . And the most important part is that. BPO‘s provide with an attractive Salary which helps them lead a lavish life even after their Retirement without giving a second thought to their Expenditure. Nowadays. are engaged in call centre as they just have to do work by sitting at the desk which does not make them stressful and they can carry a healthy life. For this. As Call centre is just based on phone calls.

They are merely on Contract basis which fetch them their income in the form of Salary and sometimes. 7. they just switch jobs for certain amount of hikes in other companies. Here. they also just work on commission basis. Employer can retain his employee by taking the decision of extending few years of his retirement. if he has served in a very recommendable manner then employer can take the decision to retain him because nowadays it is a real great task to get a loyal employee because most of the youngsters are Job hoppers. they are not given a permanent position like what they had before. When an employee is re-hired. Employer can re-hire its Employee who is retired. Employee gets Retired at the later stage then what they actually should. It involves Money and Time to train them and after the Training on their Probation period. knows system and still at a healthy position to work. Old Age Home (Second Innings Home) .But. during the tenure of his service. Therefore. Also. an employer would always want to retain his employee who has been loyal.

they are sent to Old-Age home to spend their rest of the life. Here. So. Papad. even Children and their other Family members are not willing to take care of those who are Retired as they feel that they have become an unproductive asset for them. so it is also called Second innings home which keeps them away from depression and helps them to enhance their existing skills and talent which helps them to end their life in a very peaceful manner. Supply of tiffins etc. Handicraft items. they are not left unproductive as they are engaged in making all kinds of different handmade products like Pickle. They are given commission to the amount of work done by them which becomes an other source of income for them apart from their general pension. .Sometimes. This products prepared by them is sold in the market with the help of some small scale agents who is again hired on commission basis only. They lead the second part of their life in this Old Age homes.

The company thereby perpetuates productivity problems by using senior employees to coach new hires.Disadvantages of Using Senior Employees to Coach Employees in New Positions by Arnold Anderson. she will pass those bad habits on to new employees that she coaches. Bad Habits Instilled When an employee and manager work together to develop efficient work habits. But employers should be aware of some disadvantages of in-house coaching. But if a senior employee has developed bad work habits over the years that have not been corrected by management. Demand Media A senior employee is one who has been with the company for many years and is familiar with daily operations and job duties. Companies will often use senior employees to help train new hires to reduce training costs and to acclimate the newest employees to the company culture. Old Ways . it can help to improve productivity.

As new technology is introduced. an employee can develop a preference for the old ways of doing things. The mentor may neglect to develop a training guide. which could result in important safety and operational information being left out of the new employee's training. Some senior employees know their job very well. This could result in the senior member's giving bad advice and allowing the new hire to develop non-productive work habits and attitudes. Conclusion . that senior employee will often still find ways to use his old methods.After many years on a job. Apathy If a senior employee thinks she is being asked to mentor her eventual replacement. and senior employees can sometimes feel threatened by incoming staff members. This mixture of disregard for new technology and an adherence to the old ways of doing things can get passed on to new hires in an in-house mentoring program. Lack of Training Skills A senior employee is not always sure to be an effective coach. she may become apathetic toward doing a comprehensive training job. but are unable to transfer what they know to a new employee. Rumors and speculation can become dangerous in the workplace.

The age of retirement in Jaslok is 58. they should not feel as if they have become an Unproductive asset and have to lie in some corner of the house. till the time of his death. So. his age is 40. Now. James and his family members get all the medical facilities free from Jaslok as he is a permanent Employee. they possess much higher experience then them so employers can raise the standards of their expectations. They should seek for different opportunities available for them to make their life better even after retirement.It is observed that there are many opportunities seen for Senior citizen in today‘s world. CASE STUDY Mr. James was working with Jaslok Hospital and Research Center in a Clerical department. Jaslok Hospital came up with a Scheme of VRS (Voluntarily Retirement Services) . And it is also an advantage for the companies hiring these citizens as they are willing to work in much lower salary as compared to Freshers. This facility is provided by the hospital after the Employee gets permanent. He served this organization for the period of 15 years. Also. Mr.

Then. he can join some other Job which attracts his interest . If an employee takes VRS. So.It stated that those who are permanent for more than 10years can opt to retire even before their retirement age. Recommendation : If Mr. James is still in a healthy condition to do work as he has taken retirement before the required period. its completely the voluntary decision taken by an Employee. 2. then he can happily opt for VRS which would in return fetch him with so many benefits. James is bored of doing the monotonous work from years. Here. Mr. Pension starts after reaching the age of retirement. 3. he is bestowed upon with the following benefits – 1. He can utilize the lump sum amount for initiating his own business or invest in some securities which becomes the mean for continuous dividend every month. Continuation with free medical treatment till the death. Gets a lump sum amount for early retirement. This would create vacancies for new talent.

He can retire with this other organization at his retirement age. Bibliography . This VRS scheme has proved to be very effective for many people with loads of benefits if utilized in a proper manner. Hence. and can become eligible to get pension and retirement benefit from here also. he can choose any of the Employment opportunities for Senior citizen to earn additional income. And finally after the retirement.and hobby which again becomes the source of an Income.

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