Search Results for: retirement

Proportion of over 50s in work set to hit record high

Proportion of over 50s in work set to hit record high

The proportion of people over 50 in employment is set to hit 47 percent by 2030, following a 36 percent increase in the absolute number the last two decades, according to a new report from Legal & General Retail Retirement (LGRR) and the Centre for Economics and Business Research (Cebr). More →

UK workers expect to be oldest retirees in Europe

UK workers expect to be oldest retirees in Europe

UK workers have the oldest expected retirement age out of five European countries, according to new research from HR software provider SD Worx. When compared to other countries in Europe, the UK is at the top of the list for oldest expected retirement age, with people now expecting to retire at an average age of 66.67 years old. This is followed by: The Netherlands (65.94 years old); Belgium (65.33 years old); Germany (64.48 years old); and France (64.36 years old). 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 →

A fifth of staff do not know how their employer supports them in ill-health

A fifth of staff do not know how their employer supports them in ill-health

employerA fifth (19 percent) of employees do not know how their employer would support them if they were absent through ill-health or injury, 16 percent think that their employer provides no support and nine percent said they would only receive Statutory Sick Pay of £96.35 per week. This is according to new research from GRiD, the industry body for the group risk protection sector. More →

Ditching ageism and ableism at work could pay dividends

Ditching ageism and ableism at work could pay dividends

ageismA new report launched by the International Longevity Centre UK (ILC) highlights how pervasive ageism and ableism in the workplace are still locking far too many people out of work as they age, costing not only individuals but employers and the economy. More →

Burnt out remote workers need more help than they are getting

Burnt out remote workers need more help than they are getting

Burnt out remote workers There’s no question that many people now, feeling the weight of lockdown 3 and with no clear view on the timing of any sort of ‘return to normal’, are finding it tough to stay motivated. Many are burnt out. We can gain some insight into what is going on for many individuals by way of neuroscience, specifically how the brain works and how it copes with changing situations. More →

People crave a return to “normality”, and some even miss commuting

People crave a return to “normality”, and some even miss commuting

commutingWhile workers in the UK have been working from home, if they can, for almost a year, a third say they miss commuting, claims research from recruiter Randstad UK. The HR services company asked workers, having worked remotely for almost a year due to the pandemic, how they viewed commuting and physical meetings in retrospect. More →

Unemployed over 50s are two and a half times as likely to be unemployed for at least two years

Unemployed over 50s are two and a half times as likely to be unemployed for at least two years

over 50sUnemployed over 50s are two and a half times as likely as younger age groups to be out of work for at least two years, according to new analysis from Rest Less. There are 407,000 unemployed over 50s in the UK, making up one in four (24 percent) of all unemployed people. More →

Money troubles are more damaging to wellbeing of the self-employed

Money troubles are more damaging to wellbeing of the self-employed

wellbeingFinancial distress is more damaging to the wellbeing of the self-employed than those in employment, claims new research from Trinity Business School. According to the research, authored by Dr Martha O’Hagan-Luff at Trinity Business School, alongside fellow Trinity academics, financial problems are more strongly associated with lower levels of wellbeing for those that are self-employed. More →

Designing your employee financial wellness program

Designing your employee financial wellness program

For a lot of employers, the idea of an employee financial wellness program can be something of an afterthought. That is, beyond providing fair pay and a clear policy regarding taxation and benefits, it can seem unnecessary to take any other action regarding employee finances. What’s becoming more and more apparent, however, is that employers do need to take a more active approach toward implementing employee financial wellness programs. More →

Career change becomes a priority for more than half of people

Career change becomes a priority for more than half of people

CareerMore than half of UK workers – 53 percent – plan to make a change to their career in the next 12 months as a direct result of the Coronavirus pandemic according to a new study from Aviva. The How We Live report claims the most popular career aspiration emerging from the crisis is the desire for flexibility. One in 10 (10 percent) UK workers say that in the next 12 months, they aim to find a role that will allow them to work from home. More →