How employers can help older workers continue to work
Alan Beazley
The issues Increasing importance of older workers in
the labour force Factors affecting older workers’
employment
Two key policy areas Extending working lives
Removal of the Default Retirement Age Increase in State Pension Age
Fuller working lives Improving participation of those 50+
Changes to Working Age Population
Reasons for working past SPA
Employment rate by age and gender
Factors affecting older workers’ employment Health conditions, disability and sickness
absence Redundancy Caring responsibilities
Older workers – health
Health problems by age group
Effects of health problems
Occupations at risk
Sectors at risk – men
Sectors at risk – women
Redundancy by age group
Reasons for leaving last job
The importance of keeping skills updated
Long term unemployment
Carers
Carers
Carers
Why do we need older workers? Retain knowledge and experience – 90% Ability to mentor younger employees –
56% Avoid skills shortages – 54% Maintain productivity – 38%
Key issues for employers Refreshing the skills of older employees – 60% Managing health and wellness – 51% Reviewing the retirement process – 51% Developing flexible working practices – 49% Helping managers to be competent in managing older workers
– 49% Identifying the cost benefits of retaining an older workforce –
45%
In summary Work to overcome ageist stereotyping Targeted health education and
interventions Ongoing skills training Flexible working
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