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HEADLINES

By Louisa B. Hellegers

About two years ago, I was leafing through The New York Times when my mother called. The conversation went like this:

“Have you read today’s paper yet?”

“Just reading it now.”

“You have to read the Style section; there’s an article about an organization that has your name on it!”

The decades-long career is in decline. And for many, that’s a good thing.

“Tacking swiftly from job to job and field to field, learning new skills all the while, resembles the pattern that increasingly defines our careers,” writes Anya Kamenetz in Fast Company magazine.

How swiftly?

According to federal statistics, as of 2010, the median number of years U.S. workers had been in their jobs was 4.4 years.

Since yesterday’s announcement that Intel has become the first company to offer Encore Fellowships to all of its U.S. employees approaching retirement, major media have shown major interest.

Intel is the first company to make Encore Fellowships – paid, part-time, yearlong assignments working at local nonprofits – available to all of its eligible pre-retiree employees nationwide.

It’s a bold move that could signal a sea change in corporate retirement benefits and bring a new wave of talent into the nonprofit sector.

PORTLAND, Ore. – February 9, 2011 – Social Venture Partners Portland (SVPP) is introducing a nationally recognized encore fellowships program in the Portland/Vancouver metro area this month with support from the Hewlett-Packard Company to help people at the end of midlife careers in business transition to new jobs in the nonprofit sector.

The Silicon Valley Encore Fellows program has received top marks in an independent evaluation. The success of the 2009 pilot program, which tested a new way for experienced employees to transition from corporate to nonprofit careers, led to a new crop of fellows being matched with nonprofits during 2010 and plans for expanding the program to more cities.

The Edward M. Kennedy Serve America Act, signed by President Obama in 2009, establishes federal encore fellowships for Americans age 55 and older. The new law marks the first time federal legislation has recognized encore careers and the need for pathways that get people from one stage to the next.

As the economy forces people to rethink their careers, a vanguard of the adventurous and the desperate is navigating an unrecognizable landscape that has little to do with resumes and contacts.