More than a million people over 50 have been pushed out of the workplace a new report from The Prince’s Initiative for Mature Enterprise (PRIME) has revealed. Up to 1.5 million people aged 50-69 “involuntarily” left employment over the last eight years due to a combination of redundancy, ill health or “forced” early retirement. Of these, 1.1 million people would be willing to work. Yet if the employment rate of this 50–64 age group matched that of the 35–49 age group, it would boost UK GDP by £88 billion (5.6%). The report: ‘The missing million: illuminating the employment challenges of the over 50s’ was produced by PRIME, now part of Business in the Community, in collaboration with The International Longevity Centre (ILC), the leading think tank on longevity and demographic change. The report explores the employment challenges facing older workers and calls for urgent action from policy makers and employers to ensure that people over 50 remain in the labour market, for example through flexible working and retraining. More →

According to a new survey from YouGov and Citrix, office workers in the United Arab Emirates are almost universally aware of the benefits of flexible working and increasingly demand it from their employers. Yet under a quarter of organisations ‘encourage and enable’ employees to work away from their main place of work routinely.  The report claims that 94 percent of the 800 UAE office workers who took part in the study say they would feel less stressed, be more productive and achieve better balance between work and family responsibilities if they were given the freedom to work flexibly outside of the office. As a result, demand for flexible working has increased by 20 per cent since an equivalent report in 2013, with many UAE workers also indicating that the ability to work from anywhere would significantly increase their job satisfaction. In contrast, only 23 percent of the businesses surveyed fully ‘encourage and enable’ employees to work from anywhere, using any device.  More →

Nearly a third (32%) of British workers feel exhausted from juggling career, family, friends and other commitments, and do not think they will want to work later in life. This is contributing to increased levels of stress and a higher likelihood that they will leave their jobs, which – if left unchecked – could cost British businesses £44bn. It’s no wonder then that companies are set to become increasingly employee-centric in the future as, according to the report The Future Workplace, commissioned by financial protection specialist Unum and authored by The Future Laboratory, employers who make changes now to shape their business around the needs of their staff are likely to achieve significant competitive advantage. The report, which investigates the social, cultural, economic and technological influences shaping workplace care over the next fifteen years found four main trends; an ageless workplace that allows ‘returnment’ rather than retirement, the need for a mindful workplace that nurtures mental health and performance, and a workplace that is both intuitive and collaborative. Click here to download the full report.