Search Results for: retirement

Nearly two-thirds of over 50s say flexible working is best route to retirement

Nearly two-thirds of over 50s say part time working is the best way to retireAround half of over 50s would like to carry on working part time after 65, while 39 per cent of feel that working part time or flexible hours before stopping work altogether would be the best way to retire. According to new research, one in four over 50s said they would be interested in taking a few months off and then returning to work as an alternative to retirement. Meanwhile 36 percent of retirees say their advice to others would be to consider switching to flexible or part time work for a period first before retiring and 33 per cent of over 70s still working said they did so because they enjoyed it. However the poll also reveals some discrimination, with 23 percent of over 50s believing they are viewed ‘less favourably than younger workers’ and 15 per cent experiencing age-based discrimination in the workplace.

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Groundbreaking study reveals work is better for you than retirement

Groundbreaking study reveals work is better for you than retirement

The scrapping of the UK’s Default Retirement Age (DRA) two years ago is seen by many employers as a negative step. But now a ground-breaking new study provides evidence that working past a set retirement age is much better for the nation’s health. Work Longer, Live Healthier: The relationship between economic activity, health and government policy, published by the Institute of Economic Affairs and the Age Endeavour Fellowship finds retirement has a detrimental impact on both mental and physical health over time. The stats make for uncomfortable reading for anyone considering taking that long cruise. You’re more likely to be clinically depressed, have at least one diagnosed physical condition and are less likely to enjoy good or excellent health. (more…)

Employers want default retirement age back finds survey

DRA

Nearly half (47 per cent) of employers surveyed by global law firm Eversheds would like the Default Retirement Age (DRA) reinstated. Two years ago, on 6 April 2011, the Government changed the law to start phasing out the DRA. While the overwhelming majority (97 per cent) say their organisation no longer operates a mandatory retirement age, many report that the change in the law has had negative effects for their organisation: two-thirds cited difficulties in succession planning whilst just under half reported that opportunities were being blocked for younger workers. (more…)

British workers now entirely unproductive, claims report

British workers now entirely unproductive, claims report

The overwhelming majority of UK workers don’t do anything productive at all, according to a new report published today. The study of available research into the illnesses, injuries, distractions, wastes of time, procrastinations, productivity drains and paralyses that afflict British workers found that the annual cost to the British economy is around £1.8 trillion, equivalent to 98.9 percent of GDP.

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The ROI of predictive property management with IoT sensors

The ROI of predictive property management with IoT sensors

It’s all well and good eulogising about the technological benefits of incorporating the burgeoning Internet of Things (IoT) within property management but do the numbers stack up?It’s all well and good eulogising about the technological benefits of incorporating the burgeoning Internet of Things (IoT) within property management but do the numbers stack up? What is the likely return on investment (ROI) of shifting from the existing reactive model to something distinctly more proactive and predictive? A recent six-month project at a retirement complex in the Scottish Borders might just shed some light on the viability, or otherwise, of the IoT revolution that’s well underway. (more…)

Wellbeing overtakes financial security as top workforce concern, study claims

Wellbeing overtakes financial security as top workforce concern, study claims

Wellbeing has overtaken financial security as the primary concern for UK employees, according to new research from MercerWellbeing has overtaken financial security as the primary concern for UK employees, according to new research from Mercer, reflecting a shift in workforce priorities after several years of economic and social disruption. The findings come from Mercer’s Inside Employees’ Minds: Building Confidence in a Changed World 2025 to 2026 report, based on responses from more than 4,000 UK workers. While financial pressures remain widespread, concerns around physical, mental and emotional health now dominate. The study found that 32 percent of employees report poor mental health, with higher prevalence among younger workers. (more…)

Five strategies to enhance HR efficiency in modern workplaces

Five strategies to enhance HR efficiency in modern workplaces

HR departments are supposed to be the backbone of modern workplaces, but many are struggling to keep up. You’ve probably seen it firsthand: talented HR teams getting bogged down in administrative tasks when they should be driving real organizational change. The problem isn’t lack of effort. It’s that most HR departments are still operating like it’s 2010. Today’s business world moves fast, and your HR processes need to match that pace. (more…)

Why smarter scheduling is becoming workers’ favourite benefit

Why smarter scheduling is becoming workers’ favourite benefit

In late 2023, The Conference Board asked more than 1,500 US employees which non?salary benefits matter most. 65 percent put workplace flexibility at the top of the list, above bonuses, paid time off, retirement plans and even healthcare.  In 2025, Gallup found that among over 10,000 US workers, 59 percent rated “greater work–life balance and better personal wellbeing” as a very important reason for taking a new job, more than any other factor for the third year running. (more…)

How AI is already changing the world of work

How AI is already changing the world of work

AI is already changing the world of work, but not everybody is reacting to it in the same way, writes Laura AndersonAI is rapidly transforming the world of work. That much is clear. Understanding how different generations are adapting to this shift is therefore crucial for any organisation looking to the future.  Our recent study focusing on the generational differences in attitudes towards some of today’s biggest topics sheds some light on what might be driving these trends. Perhaps the most important finding was that nearly two-thirds of Gen Z feel concerned about AI’s impact on their future (only Baby Boomers reported more concern) – even though over half are still using AI day to day. (more…)

Older workers will be essential in a changing global economy

Older workers will be essential in a changing global economy

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…)

Over 57 and looking for work? Forget it, say HR managers

Over 57 and looking for work? Forget it, say HR managers

Millions of people aged 57 and over in the UK are being overlooked when looking for work, as employers consider this age too oldMillions of workers aged 57 and over in the UK are being overlooked for job opportunities, as employers increasingly consider this age ‘too old’ to hire, according to a new poll. The survey, conducted by Totaljobs, claims that a third of people over 50 worry they will struggle to find work due to age discrimination, with one in seven reporting being rejected for jobs because of their age. The study suggests that two-fifths of HR decision-makers have faced pressure to hire younger candidates, placing older workers at a disadvantage when looking for work. In response, more than a fifth of over-50s have chosen to omit their age from their CVs, while a quarter hesitate to apply for roles, fearing potential bias. (more…)

Menopause is a workplace issue. Here’s why

Menopause is a workplace issue. Here’s why

 

Menopause is one of those things that until a few years ago, most of the population hadn’t heard of. Even if they had, it certainly wasn’t a workplace issue. Which is interesting as half the population will have one in some form. More specifically more than one in every ten people in our workforce is currently menopausal. (more…)