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…)

The Government must comprehensively reform its strategy if it’s to tackle the barriers that remain for many businesses in implementing health and wellbeing programmes. This is the message from the Health at Work Policy Unit’s first paper which was launched yesterday (21 October 2014) by Lancaster University’s Work Foundation at an event featuring Professor Dame Carol Black and Professor Sir Cary Cooper. The Way Forward: Policy Options for Improving Workforce Health in the UK examines why a large number of businesses have continued to neglect health and wellbeing given the strong business case and identifies the barriers facing employers at three main stages: planning, implementation, and evaluation of these policies. However, according to the lead author, Dr Zofia Bajorek, these barriers can be overcome by developing a health and wellbeing strategy which illustrates the potential for competitive advantage, investing in and executing evidence based outcomes which must then be measured and reported.   (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…)

Following the Government’s publication last month of Fuller Working Lives – A Framework For Action, which set out the benefits to individuals, business and the economy as a whole of people aged over 50 staying in work; economist, policy expert and consumer champion Dr Ros Altmann CBE has been appointed by the Government as its new Business Champion for Older Workers. Dr Altmann – a former director-general of Saga and independent expert on later life issues – will be tasked with making the case for older workers within the business community and challenging outdated perceptions. In the next 10 years, there will be 700,000 fewer people aged 16-49 in the UK labour market but 3.7m more people aged between 50 and state pension age. The Government believes employers need to harness the benefits of taking on older staff, as too many continue to believe they can rely solely on a young workforce. (more…)

A sustainable recovery and successful future economic performance depends on future governments adopting policies that address fundamental skills and productivity issues, as well as looking at other agendas which will actively shape the future of work. This is according to the CIPD ‘Manifesto for Work,’ published today, which calls on the UK’s political parties to focus on the key issues facing employers and the workforce in the run up to the General Election 2015. Amongst a set of proposals, the HR body is calling on the Government to take a “good practice” approach to employment regulation and policy by supporting the creation of a Workplace Commission, with the aim of helping employers raise standards of people management. CIPD chief executive Peter Cheese, says a better focus and understanding of the changing nature of work, the requirements and needs of the workforce, and the changing workplace will be needed to meet the future challenges. (more…)

A third (34%) of UK employers have seen their absence rates improve over the last 12 months and almost two thirds think this is due to improved morale in the workplace. The new research, from trade body Group Risk Development (GRiD), echoes that of recent ONS Labour Market statistics which showed that UK sick days were down by 47 million since 1993. The employers polled also revealed they have better measures in place to reduce absence and improve attendance; with more than two in five employers (44%) using return-to-work interviews, 36 per cent having flexible working initiatives and 26 per cent having disciplinary procedures in place for unacceptable absence. Employers are also feeling more confident about working with fit notes, with 40 per cent saying they feel they can work with the advice given. (more…)