There are 8 Reasons for their Incredible Productivity…
The people in the vault are more talented and productive primarily because of the well hidden Ageism Pandemic – a Pandemic that many (most?) in business deny even exists!
Is it a Pandemic? Back in 2012, Deloitte Access Economics estimated that a 5% increase in paid employment of Australians over 55 would deliver $48 billion to the national economy, every year. This huge cost is now even bigger given that all Boomers are over 55.
The Ageism Solution? It’s in The Talent Vault!
We are creating a giant pool of over 45s and giving employers low cost and fast access to them using Artificial Intelligence. Its name? The Talent Vault of Stable and Wise.
The thousands joining The Talent Vault are exceptionally talented – here are the 8 reasons why…
1. The biggest reason is a direct result of our ‘Age Discrimination Pandemic’ – counter intuitive I know!
It’s because in any large Pool of people some are very talented. And have the exact experience you need. When this Pool suffers constant discrimination, even the best struggle to find a good job or any job at all. Also, a huge number end up ‘driving Ubers’. So there are many highly talented people over 45 available.
So how big is this Pool of Australians aged over 45? Those who will inevitably suffer age discrimination? Over 5 million, and the best of them are entering The Talent Vault created by our company, Stable and Wise.
2. The Vault contains the highly valuable ‘Passive Candidate’
‘Passive’ is what the recruitment industry calls someone in a job but not actively seeking a new one – so they don’t browse job advertisements.
Why are Passives so valuable?
They have exactly what you are looking for as you select them – whereas with ads, all sorts of ‘weird and wonderfuls’ apply due to their ‘take anything desperation’. The problem is that employers cannot source the Passives – they must pay many thousands in Agency fees to get them.
How does Stable and Wise deliver you ‘The Passives’ at less than 5% of Agency fees?
The Vault contains many Passives. Because registering doesn’t mean they’re actively seeking a job, just that they’re happy to explore. But the next reason raises the value of the Passives in The Vault up a notch…
3. You know the type of job they really want
The type of employment to keep them happily employed for years – Stable and Wise asks for their first and second preference when they register for The Vault. For example, these Passives are not just taking the casual and low paid job that was advertised, because they couldn’t get anything else. Or taking a full time job when they really want permanent part time to get a better work life balance.
4. The ‘Over 45s Job Readiness Toolkit’ gets them prepared and upskilled
It helps them define their ideal job, and sharpens their job seeking skills. They won’t waste your time or theirs chasing jobs that are just wrong and they are unlikely to stay in.
The Toolkit has 7 Sections, each covering a vital part of the job seeking process from Powerful Resumes to the (very!) challenging task of getting value out of recruitment agents. Access the Toolkit here.
5. The Mature are more Productive than Millennials
Again, a big claim! But it is due to one key difference – they stay in jobs way, way longer.
The Australian Human Resources Institute research in 2018 showed that Millennials have by far the highest job turnover, over 50%. More than 5 times that of the over 50s.
Turnover costs big bucks – the cost ranges from 4 to 18 months of the leaver’s salary, depending on the job. The bulk of jobs will cost in the range of 6 to 8 months salary. So even if you believe the 4 ridiculous Myths about the Mature (dumb, but widely believed see here), the average Millennial would need to be a superhero to claw back those huge replacement costs.
6. Mature Age Internships
Companies can’t and won’t advertise a job that says ‘you will start as an intern, and just paid travel and lunch expenses’. Not great for their image and they will get hundreds of applicants that are just a waste of time – as so many are desperate, particularly in Covid-19 times. Members of The Vault will have said they are willing to do an ‘expenses only internship’ for the right job and the right employer.
They know they can do the job and will invest time to prove it to you. And that they really want your job. Nowhere else will you find highly skilled people prepared to do this. There is simply no way to find them except from The Vault. Of course, some employers will be uncomfortable and see it as exploitation – just agree to pay them for their time interning if they join you. Or perhaps shorten the internship once they prove they are right for the job. Then there is no exploitation.
‘The Intern’ with Robert De Niro was a funny and popular movie – it had the huge benefit of opening many mature age peoples’ eyes to the potential of getting a good internship.
7. Training Courses before joining you
Again it demonstrates they really want your job and are prepared to invest their time to satisfy any concerns you may have about their skills. Particularly IT skills – most are keen to refine these and prove that they have them.
8. They Try Harder
Like all groups suffering discrimination, once hired they have to keep proving themselves. As women have had to do since Moses was a boy. And the disabled. And all the others who suffer from the ignorance of discrimination.
Add all the 8 together?