Firms 'must be ready' for older workforce

26-06-2007

Firms 'must be ready' for older workforce
Employers in the UK should prepare for dealing with an ageing workforce, a new report has said.

Aon Consulting found that by 2017, three-quarters of employees expect to work until after their 65th birthday.

More than half of these see extended working as a necessity to supplement their retirement income, while a quarter will remain in employment because their job brings them joy.

Commenting, HR consultant at Aon Consulting Jon Beaumont said it is "inevitable" that the UK will have an older workforce, with some three million people expected to be working past their retirement age in a decade's time.

"This could be a huge benefit to organisations, so long as the key challenges are tackled sooner rather than later," he said.

"Businesses used to think that older workers could not drive companies forward but this old fashioned attitude needs to shift."

Earlier this year, Jobcentre Plus research found that a diverse workforce could boost sales and attract more recruits.

Eight in ten respondents to its survey said they deem it important for a business to have a policy in place that encourages a diverse workforce.

Related categories: HR / Recruitment.


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