Ageing population is the greatest demographic challenge

by Sara Bean • Facilities management, Knowledge, Legal news, News, Workplace, Workplace design

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.

January 31, 2013

Ageless workforce welcomed, despite sickness absence increase

by Sara Bean • News, Workplace

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 →