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   Mature FT - letter from Peter   
 
 

   Daily Mail Letters   
  I read with great interest today that UK entrepreneurs are increasingly relying on older workers to plug skills shortages in their businesses, according to figures released by entrepreneur think tank, the Tenon Forum.Nearly half (45 per cent) of UK owner-managers are concerned about skills shortages and many claim younger recruits are often just not up to the job. Many entrepreneurs are now looking to the previously untapped potential of older workers to plug the gap, with two thirds (66 per cent) of SME leaders agreeing that the employment of workers aged 50 plus is a good solution to skills shortages. And more than a fifth (22 per cent) of entrepreneurial businesses actually favour the hiring of older workers over college leavers as a solution to staffing problems. Maybe I was clairvoyant in 2005 when I set up www.matureaccountants.com as a result of discovering that having a good CV, being out of work AND being over 50 was not a good combination. Nearly 3 years later I now have 2,000 experienced candidates on the books many of whom have discovered that if you fall off the corporate ladder in your 40’s let alone your 50’s it’s tough to get back on at the same level and for some to get back on at all. Despite ageism being alive and well in the UK recruitment industry, I have had great success in advertising over 275 jobs in the UK and overseas, many of which I have filled, which confirms my belief that in the SME sector experience does count, and as we head into murky economic waters that remind me of the early 1990s, many businesses will need help from people that have seen it all before. In a credit crunch you need accountants with bite! Martin Lloyd-Penny  

   MATURE TIMES   
  Martin in MATURE TIMES: click to view  

White Hope...
This week’s White Paper Building Britain’s Future: Achieving Full Employment (http://www.dwp.gov.uk/docs/building-britains-recovery.pdf ) made a range of helpful commitments which should benefit older workers. Click the link to read it.....
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A GREAT QUOTE FOR PEOPLE IN THE JOBS MARKET
'We judge ourselves by what we feel capable of doing, while others judge us by we have already done.' Henry Longfellow, The Buffalo News
------------ 2009/11/11 -------------
Age is an asset for startups
From the Entrepreneur Page of the Money Section in the FT of 22 Aug. “Older founders of businesses have a higher than average success rate in expanding their companies.” Quote from a new report published by the National Endowment for Science, Technology and the Arts (NESTA) It found that of the 351,300 independent limited companies created created between 2001 and 2005 and still in business in 2008, 27% had founding directors aged 50 or older. This rose to 29% for the 3,000 companies classified as high growth.
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