Search Results for: retirement

The Great Resignation and what is really happening

The Great Resignation and what is really happening

Great ResignationThe ‘Great Resignation’ is a buzzphrase that first appeared in May 2021, and has struck fear into the hearts of employers ever since. Coined in the US, the term refers to the unprecedented rise in the number of workers resigning from their jobs following the pandemic. There has since been a huge amount of research trying to work out why this has happened. Are workers quitting work entirely, as the pandemic makes us re-evaluate our priorities? Or are they quitting to pursue their dreams in a different career? More →

The lumpy, bumpy uncertainty of the future of work

The lumpy, bumpy uncertainty of the future of work

future of workIt’s now two years since we experienced the first true, sharp jolt of the pandemic. And even if we had now fully escaped its grip, the intervening 24 months would have proved transformational. The clichés, groupthink and glib takes may still shape much of the discourse about the ‘future of work’ but many of the instant experts of the Spring and Summer of 2020 now appear to have moved their insight on to other matters. And that leaves the rest of us with the task of working out what is actually going on. More →

Pandemic-driven shifts have made the workforce smaller, younger and more female

Pandemic-driven shifts have made the workforce smaller, younger and more female

pandemicThe pandemic has not led to mass unemployment as many feared, but has instead driven wider shifts that have increased employment among younger women, but pushed many men and older workers out of the labour market altogether, according to new research. More →

Flexible working currently contributes £37bn to the UK economy

Flexible working currently contributes £37bn to the UK economy

economyNew research, ‘Flexonomics: The economic and fiscal logic of flexible working’, highlights the economic benefits of flexible working to the UK economy. Flexonomics builds on our long-standing support of the Flex Appeal campaign by Anna Whitehouse, aka Mother Pukka, and follows the publication of our “Forever Flex: Making flexible working work beyond a crisis” report, published last year. More →

Age discrimination impacts job prospects of millions of over 50s

Age discrimination impacts job prospects of millions of over 50s

ageA total of 2.99 million recent job seekers over 50 (52 percent) believe their age has made employers less likely to hire them, according to a new report from Legal & General Retail Retirement (LGRR) and the Centre for Economics and Business Research (Cebr). More →

‘Great Resignation’ means companies must adapt to needs of workers

‘Great Resignation’ means companies must adapt to needs of workers

Great resignationWorkers are leaving jobs like never before, and it’s causing a shortage of talent that has companies around the globe reeling, according to a survey conducted by Citrix Systems. Based on a poll of 1,000 US based knowledge workers, 40 percent have left at least one job in the past year or are considering doing so. The report from the firm sets out the factors behind the so-called Great Resignation and what firms may have to do in response. More →

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 →