How employers can help older workers continue to work Alan Beazley.

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How employers can help older workers continue to work Alan Beazley

description

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+

Transcript of How employers can help older workers continue to work Alan Beazley.

Page 1: How employers can help older workers continue to work Alan Beazley.

How employers can help older workers continue to work

Alan Beazley

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The issues Increasing importance of older workers in

the labour force Factors affecting older workers’

employment

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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+

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Changes to Working Age Population

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Reasons for working past SPA

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Employment rate by age and gender

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Factors affecting older workers’ employment Health conditions, disability and sickness

absence Redundancy Caring responsibilities

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Older workers – health

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Health problems by age group

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Effects of health problems

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Occupations at risk

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Sectors at risk – men

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Sectors at risk – women

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Redundancy by age group

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Reasons for leaving last job

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The importance of keeping skills updated

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Long term unemployment

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Carers

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Carers

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Carers

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Why do we need older workers? Retain knowledge and experience – 90% Ability to mentor younger employees –

56% Avoid skills shortages – 54% Maintain productivity – 38%

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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%

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In summary Work to overcome ageist stereotyping Targeted health education and

interventions Ongoing skills training Flexible working