A recent report by Aviva in the UK found that a significant number of over-50s feel unsupported in the workplace. The report found that 63% of the over 50s are planning to retire later than they thought they would have ten years ago, but 44% feel unsupported by their employer. Interestingly, the study also revealed that those aged 50+ are more confident about their ability to keep up at work and their relevant skillset than their younger counterparts.
This research is not a lone voice – there have been lots of reports in the UK and USA, which back up these findings. The Women and Equalities Committee, an influential UK government committee, recently published a report concluding that the skills of over a million over 50s in the UK who want to work are being wasted because of discrimination, bias and outdated employment practices. Shockingly, nearly a quarter of UK firms admitted they were unprepared for the growing number of older workers and yet the over 50s already make up nearly a third of the UK workforce.
You can read the full feature in the October 2018 issue of Business Brief
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