Search Results for: older

Older workers’ employment champion appointed to challenge age perceptions

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later life issues – will be tasked with making the case for older workers within the business community and challenging outdated perceptions.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 →

Living longer, still working but earning more – the changing world of the UK’s older workers

Older workersA new report from the Institute for Fiscal Studies challenges some of the most commonly held misconceptions about the UK’s older workers, their health, income and status. The Changing Face of Retirement has been produced by the IFS in partnership with the Joseph Rowntree Foundation and the Economic and Social Research Council. Over the next ten years, it claims that changes to the pension provision, a rise in the retirement age, improving levels of long term health and the fact that many more people will remain in relationships as the life expectancy of men improves will mean more and more older people will supplement their pension incomes with paid work. The report also suggests that there will be more women between the ages of 65 and 69 in work than men by 2021 but both groups will see significant increases as the proportion of the total population aged over 65 increases by over a fifth.

More →

Government plans encourage employers to appreciate older workers

Government plans encourage employers to appreciate older workersEmployers must recognise the potential of older workers and help them stay in the workplace. This is the message the Government will stress today at the launch of its new action plan. The new measures set out in Fuller Working Lives – A Framework For Action published today include; the appointment of a new Older Workers’ Employment Champion who will advocate the case for older workers within the business community and wider society; an extension of the right to request flexible working to all employees from the end of this month and the launch of a new Health and Work Service which the Government says will give workers with long-term health problems the support they need to stay in or return to work. Part of the Government’s aim is also to challenge outdated misconceptions and encourage more employers to consider the benefits of older workers.

More →

EU Governments urged to maximise the potential of older workers

EU Governments urged to maximise the potential of older workers

The rise in the number of older workers in the UK has been well documented, and the reason is clear, they are a much needed resource. Over the next ten years there are 13.5 million job vacancies which need to be filled, but only seven million young people predicted to join the job market in that time. And the UK is not alone; the EU faces significant skills gaps due to demographic change. But according to a new International Longevity Centre –UK (ILC-UK) report, Working Longer: An EU perspective, supported by Prudential, EU countries urgently need to skill up the older workforce, support more older women in work and address the particular health issues associated with employing older workers. More →

Younger workers’ CSR ethics don’t necessarily extend to older generation

Younger workers' CSR ethics don't extend to the older generation

Is ageism one of the last bastions of accepted prejudice in the UK? Take the Daily Mail’s “night of the living dead” coverage of the Stones’ Glastonbury performance – deemed acceptable where jokes regarding gender, race or disability are not. A new survey illustrates this attitude. Nearly half of younger workers in a recent poll think older colleagues are in danger of stifling their career prospects by retiring later, that their prolonged presence could damage productivity and that they have very little to teach the younger generation. Yet over half (55 per cent) of Generation Y workers questioned in the poll say the ethical credentials of a company would influence their choice of employer. Since the scrapping of the Default Retirement Age (DRA) the number of over-65s in the labour force has exceeded one million, and the survey, carried out for KPMG by OnePoll warns that tensions could rise as the need for employees to stay in the labour force for longer growing due to social and financial pressures. More →

Real demographic challenge as number of older workers tops one million

The latest employment figures published today by the Office for National Statistics (ONS) show an interesting demographic trend. Beneath the rather unexceptional news that employment rose by 24,000 and unemployment fell by 5,000 in the three months to April, is what Jim Hillage, Director of Research at the Institute for Employment Studies (IES) describes as “underlying structural changes in the labour market”. The number of employed people over 65 in the UK has now reached more than a million (1,003,000), the highest since records began in 1971. This means that almost one in ten of over-65s are now in work.

More →

Older workers remain untapped resource for employers

DRA

Employers who ignore Britain’s growing population of older workers could suffer skills shortages and lose an important competitive edge, warns a new government guide. “Employing older workers”, published by the Department for Work and Pensions, warns that Britain is running out of workers. There are 13.5 million job vacancies which need to be filled over the next ten years, but only seven million young people are projected to leave school and college over that time. Yet despite a predicted surge in numbers of employees over 50, employers remain reluctant to recruit older people.

More →

CIFF Guangzhou 2024 proves a record-breaker and a major boost to international furniture trade

CIFF Guangzhou 2024 proves a record-breaker and a major boost to international furniture trade

An extraordinary edition of CIFF Guangzhou has just concluded, recording the highest number of exhibitors and visitors ever. This success rewarded the strategy of CIFF, an ever-evolving exhibition event with a key role in the development of the global furniture industry, promoting design and innovation, boosting consumption, and fostering international furniture trade. A total area measuring 850,000 square metres; 4,700 exhibitors, 11.8% more than the all-time pre-pandemic peak in 2019; 363,449 trade visitors, 22.06% more than in 2019, including 51,205 international visitors from 178 countries, an increase of as much as +43.11% compared to 2019. More →

Being furloughed affected people’s sense of time and relationship with work

Being furloughed affected people’s sense of time and relationship with work

Between March 2020 and September 2021, millions of workers furloughed under the UK government’s Coronavirus Job Retention Scheme lived what for many of us is a dream: being paid not to work. Through interviews, I’ve researched the impact of this time on 35 people who were furloughed under the scheme. I found that for some, furlough created opportunities for reflection and growth, but for most of my interviewees it was a time of uncertainty and disorientation. More →

When it comes to the carbon conundrum, real change will come from collaboration

When it comes to the carbon conundrum, real change will come from collaboration

Last week we launched our first white paper: Carbon Conundrum to Carbon Control and we were so delighted to be joined by a panel of experts across development, , engineering, design and consultancy. Through their discussion and with excellent engagement from our audience of developers, designers, contractors, agents, engineers and end users, there were a number of very pertinent industry topics raised. The mood was upbeat and collaborative, but the emphasis was certainly on action and innovation, with a commitment to collective responsibility, education and being bolder. More →

ULI Europe launches PropTech Innovation Challenge 2024

ULI Europe launches PropTech Innovation Challenge 2024

Following last year’s pilot, Urban Land Institute (ULI) Europe has launched a second edition of the PropTech Innovation Challenge (PIC), the Young Leaders-led initiative to foster innovation in the built environment and is calling for game changing solutions that meet the challenge of how to substantially reduce carbon emissions.  The challenge, which reflects ULI’s mission priorities, and the urgent decarbonisation focus of ULI C Change, is focused specifically on the reduction of Scope 3 emissions for managers and investors and encompasses the indirect but critical emissions that occur throughout the value chain, and which are often overlooked. Indirect emissions arise from activities such as transportation and procurement. More →

A lightbulb moment about mental health and managing change

A lightbulb moment about mental health and managing change

Resilience is often discussed as that aspect of mental health and coping, which is paramount to the ability to spring back during adverse circumstancesAccording to the British Medical Association, the rates of mental illness have been steadily increasing in adults and at an even higher rate for children and young people over the past five years here in the UK. Resilience is often discussed as that aspect of mental health and coping, which is paramount to the ability to spring back during adverse circumstances. More →