Search Results for: retirement

Flexible working going into reverse in parts of UK public sector

Broken elastic bandA briefing from the Society of IT Management claims that while nearly all UK public sector organisations have adopted some form of flexible working, the practice remains far from universal and is going into reverse in some departments. The report found that  around  97 percent  of UK public sector organisations have now  adopted the practice in the form of home working, desk sharing and mobile working in four of the public sector functions surveyed. While while there have been large increases in adoption the adoption of flexible working in the revenues and benefits functions and some in education, four other services show a significant decline with others appearing to be static.

More →

Large organisations are unprepared for new generation of executives

Handing over keysIt’s not just Manchester United who need to worry about the succession process following the departure of an aging white male. According to a new report from Cass Business School and recruitment consultants Ogders Berndtson, firms are largely unprepared for the changes in business practice that will come as their babyboomer executives are supplanted by their Generation X and Y descendants.  The report – After The Baby Boomers – argues that over half of organisations are unprepared for the changes. The report interviewed executives from 100 large organisations, making it most relevant for the sorts of blue-chip firms who are led primarily by 50-something accountants in the first place.

More →

Older workers remain untapped resource for employers

DRA

Employers who ignore Britain’s growing population of older workers could suffer skills shortages and lose an important competitive edge, warns a new government guide. “Employing older workers”, published by the Department for Work and Pensions, warns that Britain is running out of workers. There are 13.5 million job vacancies which need to be filled over the next ten years, but only seven million young people are projected to leave school and college over that time. Yet despite a predicted surge in numbers of employees over 50, employers remain reluctant to recruit older people.

More →

Ageing population is the greatest demographic challenge

Image credit: <a href='https://www.123rf.com/photo_2475828_old-hands-on-clean-table.html'>logoboom / 123RF Stock Photo</a>

Forget Gen Y, a new report published today by the House of Lords Committee on Public Service and Demographic Change warns that it’s our rapidly ageing population that will have a huge impact on society, work and public services. Predicting a 50 per cent rise in the number of those aged 65+ and a 100 per cent increase in those aged 85+ between 2010 and 2030, the report advocates enabling people to work for longer, many of whom are legally entitled to do, since the removal of a statutory retirement age in 2011. According to the report, “Ready for Aging?” working for longer would increase income from work, potentially increase savings, and reduce the time of dependence on those savings.

More →

Ageless workforce welcomed, despite sickness absence increase

GRiD age research

One third (33%) of UK employers have seen the average age of their workforce increase over the last year, with three in five (59%) believing that the removal of the Default Retirement Age (DRA) meant they were more likely to recruit employees aged 50 and over. Older workers are viewed positively, despite the fact that, according to new research by Group Risk Development (GRiD), over a quarter (27%) of employers report increased absence rates or an increase in age related health conditions since the removal of the DRA. More →