Search Results for: older

Older workers will be essential in a changing global economy

Older workers will be essential in a changing global economy

by • News, Wellbeing, Workplace

A new report from consulting firm Bain & Company underscores the rising importance of older workers as global populations age and labour markets face growing talent shortagesA new report from consulting firm Bain & Company underscores the rising importance of older workers as global populations age and labour markets face growing talent shortages. The study focuses on the demographic of employees aged 50 and above, whose experience, stability, and institutional knowledge make them invaluable assets to businesses. It reveals that while older workers often demonstrate adaptability, problem-solving abilities, and a strong work ethic, organisations frequently overlook their contributions due to outdated stereotypes and rigid employment practices. More →

Younger people put far less emphasis on flexible working than older colleagues

Younger people put far less emphasis on flexible working than older colleagues

by • Flexible working, News

Demand for flexible working options surged during the pandemic but has since become less important to people, according to ADP Research Institute’s People at Work 2024: A Global Workforce ViewDemand for flexible working options surged during the pandemic but has since become less important to people, according to ADP Research Institute’s People at Work 2024: A Global Workforce View [registration]. Overall, the survey of  nearly 35,000 people in 18 countries suggests flexible working hours are important to 25 percent of workers, while 15 percent value flexible locations. Workers of all ages and in all regions rank flexibility of location below salary, job security, work enjoyment and career progression. In Europe, only 14 percent of respondents favour flexible location, a slightly smaller share than in Asia Pacific (15 percent), Latin America (15 percent), and North America (17 percent). More →

The Furniture Makers’ Company announces Design Guild Mark 2024 holders

The Furniture Makers’ Company announces Design Guild Mark 2024 holders

by • News, Workplace design

Innovation of materials, creativity and sustainability are at the forefront of British design as 16 outstanding submissions, from three categories, are awarded the coveted Design Guild Mark in 2024, with three receiving the additional accolade the Jonathan Hindle Prize. The Design Guild Mark is a non-profit award programme that was established in 2008 by The Furniture Makers’ Company to raise the profile of British industrial design and to recognise excellence in this discipline. Over time the Mark has grown from just Furniture to include categories for Interior Design Elements, and Lighting. More →

Older people less keen on early retirement than younger generations

Older people less keen on early retirement than younger generations

by • News, Workplace

Early retirement is a specific life goal for 65 percent of working-age adults around the world, with 70 percent of Gen Z employees (the highest proportion of any generation) actively working towards this aspirational goal. This compares to just 51 percent of the over 55s.Early retirement is a specific life goal for 65 percent of working-age adults around the world, with 70 percent of Gen Z employees (the highest proportion of any generation) actively working towards this aspirational goal. This compares to just 51 percent of the over 55s. The findings appear in a new study, commissioned by nudge Global, into the financial wellbeing of 11,577 working-age adults from 17 countries around the world. More →

Organisations routinely undervalue and overlook talent of older workers

Organisations routinely undervalue and overlook talent of older workers

by • News, Workplace

New data from Generation, an employment non-profit, and the Organisation for Economic Co-operation and Development (OECD), claims that employers need to radically rethink how they approach midcareer and older workers.New data from Generation, an employment non-profit, and the Organisation for Economic Co-operation and Development (OECD), claims that employers need to radically rethink how they approach midcareer and older workers. The Midcareer Opportunity: Meeting the challenges of an ageing workforce report outlines insights from OECD data and from an eight-country survey of thousands of employers, job seekers, and employees in Europe and the US. The research in Europe was funded by Google.org, and in the United States by Clayton, Dubilier & Rice. More →

Bolder strategy needed to boost productivity and economic growth

Bolder strategy needed to boost productivity and economic growth

by • News, Workplace

The Government’s plan to transform the UK into a science and technology superpower will fail to boost living standards unless it’s linked to a broader industrial strategy aimed at raising productivity across all sectors of the economy.The Government’s plan to transform the UK into a science and technology superpower will fail to boost living standards unless it’s linked to a broader industrial strategy aimed at raising productivity across all sectors of the economy. This is the central conclusion of a new CIPD discussion paper, An industrial strategy for the everyday economy, which says a bolder vision for economic growth, looking across all sectors and areas of the economy, is needed considering the multiple challenges facing the UK. More →

Younger workers have no idea what the hell older colleagues are talking about

Younger workers have no idea what the hell older colleagues are talking about

by • News, Workplace

esearch from LinkedIn and Duolingo claims that jargon such as “blue sky thinking”, “move the needle on a deadline”, or “circling back to take something offline” is off-putting for younger workersA new poll suggests a workplace jargon language barrier may be driving a wedge between generations, with half (48 percent) of Millennials and Gen-Z saying it makes them feel less involved in the workplace. The research from LinkedIn and Duolingo claims that jargon such as “blue sky thinking”, “move the needle on a deadline”, or “circling back to take something offline” is off-putting for younger workers, as 69 percent say their colleagues use too much jargon at work. More →

The Furniture Makers’ Company announces Design Guild Mark 2023 holders

The Furniture Makers’ Company announces Design Guild Mark 2023 holders

by • Furniture, News

Innovation of materials and creativity remain at the forefront of British design as 30 outstanding submissions from three categories are to be awarded the coveted Design Guild Mark in 2023Innovation of materials and creativity remain at the forefront of British design as 30 outstanding submissions from three categories are to be awarded the coveted Design Guild Mark in 2023, The Design Guild Mark is awarded by The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, to drive excellence and raise the profile of British industrial design. More →

Reconnecting older workers with the office: have we retired what matters most?

Reconnecting older workers with the office: have we retired what matters most?

by • Comment, Flexible working, Workplace design

If we look at what older workers are actually saying about work and workplaces, there is an appetite for change, says Julie LecoqOlder workers now make up a larger percentage of the workforce than they did two decades ago. Data from Legal and General and the Centre for Economic Research (Cebr) suggests that the number of over 50s in employment has increased by 36 percent in the last 20 years, with 47 percent of this age group predicted to be in employment by 2030. A combination of the increase in retirement age and rising costs of living have made it a necessity for individuals to stay in work longer. From a corporate perspective, the growing skills shortages in a range of sectors has also meant that employers are consistently seeking to attract and retain those in the latter stage of their professional career. More →

Flexible working may help to entice large numbers of older people back into work

Flexible working may help to entice large numbers of older people back into work

by • Flexible working, News, Workplace

A middle aged man in a suit to portray flexible working for older workersThere are 712,000 additional people aged over 50 who are economically inactive compared with the same period three years ago (pre-covid pandemic), according to new analysis from Rest Less, a digital community and advocate group for people in their 50s, 60s and beyond. The organisation is now calling on firms to ensure their flexible working practices and in-house training schemes are suitable for all age groups and not just targeted at younger people. More →

The Furniture Makers’ Company announces Design Guild Mark 2022 holders

The Furniture Makers’ Company announces Design Guild Mark 2022 holders

by • Company news, Workplace design

design guild mark bisley buddyInnovation of materials and creativity remain at the forefront of British design as 23 outstanding submissions from three categories are to be awarded the coveted Design Guild Mark in 2022. The Design Guild Mark is awarded by The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, to drive excellence and raise the profile of British design and innovation. It recognises the highest standards in the design of furnishings in volume production across three categories – Furniture, 2D Design, and Lighting Design. The award is open to designers working in Britain or British designers working abroad. More →

Indoor air quality and hygiene of greater concern to older workers

Indoor air quality and hygiene of greater concern to older workers

by • News, Wellbeing

indoor air qualityOlder workers are much more concerned than their younger colleagues about the health risks of returning to office based working, a survey claims.  The study commissioned by manufacturing firm Airdri, suggests that just 16 percent of under 24s are worried about indoor air quality and picking up germs from colleagues/communal areas on returning to work. In comparison, 43 percent of over 25s, around a third of 35–44-year-olds (34 percent), 35 percent of 45–54-year-olds, and 41 percent of over 55s agreed, showing a big disparity in the opinions of the younger age groups.  More →

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