A major new report is launched today, by the government’s Business Champion for Older Workers, setting out ways to help more over 50s stay in or move into work.
The culmination of 8 months’ work, the report by Dr Ros Altmann CBE highlights why action is needed, setting out the issues of demographic change and increasing life expectancy.
It also recommends action that the government, business and the media should take to help older workers to thrive and ensure individuals, industry and the overall economy can reap the financial and social benefits.
Dr Altmann outlines the ‘3 Rs’ of ‘Retain, Retrain, Recruit’ – helping business to recruit more older workers, retrain existing staff as their careers develop and provide flexibility to retain staff – as well as setting out specific measures that should be taken to make UK workforces more age diverse.
If half the 1.2 million older workers – who are currently unemployed or inactive and would like to work – were to move into employment this could boost GDP
up to £25 billion a year.
Dr Ros Altmann said:
The need to retain, retrain and recruit workers over 50 is becoming increasingly important as the population changes and people live longer.
I have set out to challenge outdated stereotypes, unconscious bias and age discrimination, which all contribute to preventing older people from staying in or returning to work.
There are many ways we can tackle this – which I have addressed in my report – including apprenticeships for those over 50, flexible working and better training for line-managers. Acting upon my recommendations will bring benefits to us all..
The main recommendations of the report
Develop a cross-government strategy on older workers, including a national strategy to address skills gaps, mid-life career reviews and particularly apprenticeships for older workers.
A research programme to quantify the benefits and communications campaign targeting both employers and individuals to explain the value of fuller working lives, identifying the economic and business case, the barriers, solutions, and the support available for all.
An age and skills audit for employers – including monitoring and guarding against age bias in recruitment practices – to manage knowledge and experience in your business.
Better training to effectively manage older workers, promoting options such as flexible working, family crisis leave and menopause awareness
Rethink your later life: don’t write yourself off – and top tips to find work.
Media action to promote positive language, stories and updated images of older workers.
Make greater use of older presenters.
By 2022, there will be 700,000 fewer people aged 16 to 49 in the UK workforce but 3.7 million more people aged between 50 and state pension age.
for the full report see: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/411420/a-new-vision-for-older-workers.pdf