Where is the Retirement Industry Headed?


“Our whole society doesn’t value elders – we’ve started to think of elders as ‘takers’. As long as we think that way, it will be a self-fulfilling prophesy. If all of society devalues our elders, it can’t help but reflect in the care they get. How can professionalism grow in our care workers if they can’t feel pride in what they do because society doesn’t value it?” – Gail Donner. I value the elders in my family and community very much therefore I believe this is the industry for me to be a part of. With the retirement industry in a growing life cycle of business I think I can find a place here.

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CANADA IS TURNING GREY

>With Canada’s aging baby boomer generation, the amount of the population reaching 65 and older is expected to double by 2036 by 10.4 million from the 5 million seniors in 2011.[1] This means that there will be a high demand for assisted living.

GREAT JOB OPPORTUNITIES

>As a result of the majority of Canada’s population approaching an advanced age, retirement facilities will become a great source of job opportunities over the next couple of decades. Assume that in the years to come workers will be exiting the work force in great numbers, the supply of potential new employees will be relatively small.[2]  In Ontario’s nursing homes, the staffing level is below the national average[3], imagine the shortage of staff in the next 10 years.

PATIENT COMPLEXITY

>The shortage of staff in assisted living establishments is becoming a worry, not just because the numbers are decreasing, but they may not be growing quickly enough to meet the increase in medical complexity of clients in nursing homes. The chart below shows the figures from the Canadian Institute for Health Information between 2008 and 2012.  The number of patients in Canadian nursing homes that have been diagnosed with disease has grown for every type of illness.

Proportion of residents in Canadian nursing homes with specific health conditions

Disease type

2008

2012

Endocrine/Metabolic/Nutritional Diseases

31.3%

38.7%

Heart/Circulation Diseases

61.1%

70.6%

Musculoskeletal Diseases

50.4%

55.7%

Neurological Diseases

73.6%

77.7%

Psychiatric/Mood Diseases

32.0%

36.8%

Pulmonary Diseases

14.0%

17.0%

Sensory Diseases

20.9%

23.9%

Other Diseases

45.3%

52.2%

With more than one in four patients suffering from severe dementia it is obvious that this disease is growing among residences in Canadian nursing homes.  Well over 75% of all residences have some level of cerebral deficiency.[3]

WHAT ARE THEY DOING NOW?

>Today in Ontario, individual nursing homes are now choosing their residents by having Community Care Access Centres decide who is in need of long-term care.  In the past nursing homes did the patient selecting and this meant that often patients who did not need long-term care but could be better cared for in their own homes were taking up valuable bed space that is in high demand.[3]

From the information that I read and researched online it would seem that healthcare for seniors is in need of an increase in qualified employees.  With an aging Baby Boomer population and a decreasing growth rate there will be more of the population in need of geriatric care and fewer people available to fill those jobs.  Not only will there be a demand for doctors, nurses, and specialists but also support workers, management, and aids to help in the care of this elderly generation.  I want to be part of that team.  I want to be one of the up and coming to fulfill a role within this industry.  I want to ensure that the needs of those that are aging are met in a safe and caring way be that in their own personal homes or with a facility.

I look forward to any insight you may have on this topic. I’m still exploring specific careers that would suit me in this growing industry but I just know that there is a place for me to accomplish great things in the lives of others.

Do you have any ideas or suggestions of what the retirement industry should include in their services to help the evolving aging population in Canada?


[1] Statistics Canada. (2013, Nov 08). Human resources and skills development canada. Retrieved from http://www4.hrsdc.gc.ca/.3ndic.1t.4r@-eng.jsp?iid=33

[2] Dunn, K. (2005, Dec). Estimating and forecasting aggregate retirement flows in the canadian labour market. Retrieved from http://www23.hrsdc.gc.ca/l.3bd.2t.1ils@-eng.jsp

[3] Petch, J., Tierney, M., & Cummings, G. (2013, June 20).Improving quality in canada’s nursing homes requires “more staff, more training”. Retrieved from http://healthydebate.ca/2013/06/topic/quality/improving-quality-in-canadas-nursing-homes-requires-more-staff-more-training

Who Am I?


This is a video of me introducing myself, explaining why I would like to work within the retirement industry and, why I think I would be successful in it.

Please subscribe to my RSS feed for my website updates at https://lindsaysmith93.wordpress.com/feed/

Thank you for your time and I hope you enjoy this video!

Lending a Helping Hand


Lending a Helping Hand

“Those who can, do. Those who can do more, volunteer.” – Author Unknown. There is nothing more rewarding than getting out there and volunteering.  When you volunteer you are not helping out within your community, you are also helping yourself in the long run.

There are all kinds of benefits that comes with volunteering, including:

HELPING OTHERS AND THE COMMUNITY

>Volunteering has a meaningful, positive impact on your community.  As a volunteer you have the chance to return some of the benefits society gives you by donating your time, skills and energy to help those who need it.

GREAT EXPERIENCE

>Volunteering can be a great and fun experience to discover your interests and passions.  It can make you feel good, gives you a boost of confidence and self-esteem, and help you determine your path in life.

MAKING CONNECTIONS

>When volunteering you get to meet and connect with a diverse range of like minded people and those who share the same values as you do.  It is also a great chance to make contacts for possible job opportunities or references.

GAINING SKILLS AND KNOWLEDGE

>With volunteering you are gaining communication skills, learning how to problem solve, teamwork, organization, task manage, and more. The skills you gain from volunteering can be applied to everyday personal life and future occupations.

IT IS WHAT EMPLOYERS LOOK FOR

>In this day and age employers look to see if applicants have any volunteer experience. Research shows that employers would hire a perspective employee with volunteering experience over one without. They like to see you doing something beneficial in your spare time, as well as gaining valuable experience.

All of these reasons are reasons why I would like to volunteer over the Christmas holidays. I would like to volunteer within a retirement home or senior center to enhance my knowledge within the industry and see where my best fit would be as a possible career.

Is there a location you would recommend me to volunteer at to learn more about this industry? If there is please contact me. My target area is in preferably in Ottawa, Almonte, Carleton Place, or Arnprior.

Resources:

Saisan, J., Smith, M., & Kemp, G. (2013, Sept ). Volunteering and its surprising benefits. Retrieved from http://www.helpguide.org/life/volunteer_opportunities_benefits_volunteering.htm,

Benefits of volunteering. (2005, Oct 19). Retrieved from http://www.worldvolunteerweb.org/resources/how-to-guides/volunteer/doc/benefits-of-volunteering.html

The BIG Career Question


Is there any bigger question then what you want to be when you grow up?  People start to ask you this question by the time you enter high school and, unless you’re the fortunate few who somehow have always known what you want to do, this question can consume your mind for years.

> My name is Lindsay Smith and this is my blog. I want to talk a little bit about what I hope will be my future career choice.

FILLING A DEMAND

> I would like to possibly have an administrative position and work with the elderly either in a retirement home, in a hospital setting or privately. I think with an aging population that there will be a great demand for retirement care and I want to help make a difference in the lives of people who need it.

WHAT I CAN OFFER

>I know that I have a compassionate, sympathetic and caring nature. I have always been able to communicate and show great patience with the elderly that I have had the good fortune to know. I think it takes a person with a certain mindset to work with the elderly.

COMPASSION IS THE KEY

>Someone who understands that there can be fears that come with aging as well as confusion and frustration. You need to be able to guide and conduct yourself with patience. You need to treat the elderly with respect and courtesy and not like children or imply that they are a burden. They need to be made to feel that they are wanted, that they have a purpose and are still valuable members of our society.

HOW TO MAKE A DIFFERENCE

>I would like to accomplish this through initiating programs that keep those aging members of our communities involved where ever possible – maybe through our schools or other local institutions. To utilize their knowledge, creativity and life experienced to share with others.

I KNOW I CAN, I KNOW I CAN

>I feel that I can do all these things and, with additional training to guide me on how to achieve these goals, I could help make a difference in the quality of life that my patients would have.

I’d love to hear from anyone who works within the retirement industry – advice, suggestions, career opportunities, etc.

Do you think I’m on the right track? Where should I go to find out more information? Do you think I need to continue my education? If so, what programs or courses would you suggest?

Myself and my grandmothers who have continuously supported me in my dreams and who I have always admired.

Myself and my grandmothers who have continuously supported me in my dreams and who I have always admired.