Partner Article
Over-65s in work 'set to soar'
The number of people wanting to work beyond the age of 65 will increase dramatically in the next 15 years, according to the Chartered Institute of Personnel and Development.
The organisation’s research revealed that 38% of individuals now intend to work beyond the traditional retirement age, compared to a figure of just 11% who currently do so.
The study also suggested that more people would work longer if they were able to do so flexibly. Of those who had said they didn’t want to work beyond 65, 31% said they would change their mind if they could work hours to suit them.
Charles Cotton, CIPD reward adviser, said: “It is clear that government policy could do more to encourage more older workers to stay on by extending the right to request flexible working beyond parents and carers and making pension arrangements more flexible. If the government fails to do this, its target of having a million older workers in work will become a mere aspiration.”
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy
Why being ‘work-ready’ matters more than ever
The North's future doesn't end at Manchester
Exit or legacy? Why every owner needs a plan
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world