Search Results for: older

Older people less keen on early retirement than younger generations

Older people less keen on early retirement than younger generations

Early retirement is a specific life goal for 65 percent of working-age adults around the world, with 70 percent of Gen Z employees (the highest proportion of any generation) actively working towards this aspirational goal. This compares to just 51 percent of the over 55s.Early retirement is a specific life goal for 65 percent of working-age adults around the world, with 70 percent of Gen Z employees (the highest proportion of any generation) actively working towards this aspirational goal. This compares to just 51 percent of the over 55s. The findings appear in a new study, commissioned by nudge Global, into the financial wellbeing of 11,577 working-age adults from 17 countries around the world. More →

Organisations routinely undervalue and overlook talent of older workers

Organisations routinely undervalue and overlook talent of older workers

New data from Generation, an employment non-profit, and the Organisation for Economic Co-operation and Development (OECD), claims that employers need to radically rethink how they approach midcareer and older workers.New data from Generation, an employment non-profit, and the Organisation for Economic Co-operation and Development (OECD), claims that employers need to radically rethink how they approach midcareer and older workers. The Midcareer Opportunity: Meeting the challenges of an ageing workforce report outlines insights from OECD data and from an eight-country survey of thousands of employers, job seekers, and employees in Europe and the US. The research in Europe was funded by Google.org, and in the United States by Clayton, Dubilier & Rice. More →

Bolder strategy needed to boost productivity and economic growth

Bolder strategy needed to boost productivity and economic growth

The Government’s plan to transform the UK into a science and technology superpower will fail to boost living standards unless it’s linked to a broader industrial strategy aimed at raising productivity across all sectors of the economy.The Government’s plan to transform the UK into a science and technology superpower will fail to boost living standards unless it’s linked to a broader industrial strategy aimed at raising productivity across all sectors of the economy. This is the central conclusion of a new CIPD discussion paper, An industrial strategy for the everyday economy, which says a bolder vision for economic growth, looking across all sectors and areas of the economy, is needed considering the multiple challenges facing the UK. More →

Younger workers have no idea what the hell older colleagues are talking about

Younger workers have no idea what the hell older colleagues are talking about

esearch from LinkedIn and Duolingo claims that jargon such as “blue sky thinking”, “move the needle on a deadline”, or “circling back to take something offline” is off-putting for younger workersA new poll suggests a workplace jargon language barrier may be driving a wedge between generations, with half (48 percent) of Millennials and Gen-Z saying it makes them feel less involved in the workplace. The research from LinkedIn and Duolingo claims that jargon such as “blue sky thinking”, “move the needle on a deadline”, or “circling back to take something offline” is off-putting for younger workers, as 69 percent say their colleagues use too much jargon at work. More →

The Furniture Makers’ Company announces Design Guild Mark 2023 holders

The Furniture Makers’ Company announces Design Guild Mark 2023 holders

Innovation of materials and creativity remain at the forefront of British design as 30 outstanding submissions from three categories are to be awarded the coveted Design Guild Mark in 2023Innovation of materials and creativity remain at the forefront of British design as 30 outstanding submissions from three categories are to be awarded the coveted Design Guild Mark in 2023, The Design Guild Mark is awarded by The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, to drive excellence and raise the profile of British industrial design. More →

Reconnecting older workers with the office: have we retired what matters most?

Reconnecting older workers with the office: have we retired what matters most?

If we look at what older workers are actually saying about work and workplaces, there is an appetite for change, says Julie LecoqOlder workers now make up a larger percentage of the workforce than they did two decades ago. Data from Legal and General and the Centre for Economic Research (Cebr) suggests that the number of over 50s in employment has increased by 36 percent in the last 20 years, with 47 percent of this age group predicted to be in employment by 2030. A combination of the increase in retirement age and rising costs of living have made it a necessity for individuals to stay in work longer. From a corporate perspective, the growing skills shortages in a range of sectors has also meant that employers are consistently seeking to attract and retain those in the latter stage of their professional career. More →

Flexible working may help to entice large numbers of older people back into work

Flexible working may help to entice large numbers of older people back into work

A middle aged man in a suit to portray flexible working for older workersThere are 712,000 additional people aged over 50 who are economically inactive compared with the same period three years ago (pre-covid pandemic), according to new analysis from Rest Less, a digital community and advocate group for people in their 50s, 60s and beyond. The organisation is now calling on firms to ensure their flexible working practices and in-house training schemes are suitable for all age groups and not just targeted at younger people. More →

The Furniture Makers’ Company announces Design Guild Mark 2022 holders

The Furniture Makers’ Company announces Design Guild Mark 2022 holders

design guild mark bisley buddyInnovation of materials and creativity remain at the forefront of British design as 23 outstanding submissions from three categories are to be awarded the coveted Design Guild Mark in 2022. The Design Guild Mark is awarded by The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, to drive excellence and raise the profile of British design and innovation. It recognises the highest standards in the design of furnishings in volume production across three categories – Furniture, 2D Design, and Lighting Design. The award is open to designers working in Britain or British designers working abroad. More →

Indoor air quality and hygiene of greater concern to older workers

Indoor air quality and hygiene of greater concern to older workers

indoor air qualityOlder workers are much more concerned than their younger colleagues about the health risks of returning to office based working, a survey claims.  The study commissioned by manufacturing firm Airdri, suggests that just 16 percent of under 24s are worried about indoor air quality and picking up germs from colleagues/communal areas on returning to work. In comparison, 43 percent of over 25s, around a third of 35–44-year-olds (34 percent), 35 percent of 45–54-year-olds, and 41 percent of over 55s agreed, showing a big disparity in the opinions of the younger age groups.  More →

Working from home could help older workers stay in work longer

Working from home could help older workers stay in work longer

working from home setupOlder workers might choose to delay their retirement if offered the option of continuing to do their jobs working from home after the pandemic, according to new research from the UK’s Office for National Statistics. The ONS study found those in their 50s and 60s who worked from home during the coronavirus crisis said they were planning to retire later than those who were still travelling to their workplace. More →

Older workers at risk of being ‘thrown on the scrap heap’

Older workers at risk of being ‘thrown on the scrap heap’

older workersIn face of growing skills gaps in the UK – post pandemic and Brexit – City & Guilds Group is urging businesses to stop the silver talent drain from the workforce by investing in upskilling valuable older workers – or risk further productivity shortfalls during the recovery period. More →

Hybrid working most likely preferred by older, wealthier, and married people

Hybrid working most likely preferred by older, wealthier, and married people

hybrid workingResearch from Totem, an employee engagement and culture app, claims there is a hybrid working gap, suggesting older workers are more likely to prefer hybrid working models than younger people. More →