The Centre for Ageing Better reports that narrowing the employment age gap could contribute an additional £9 billion annually to the UK economy.
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Older workers
The Senate Judiciary Committee has voted to advance the Protecting Older Americans Act of 2023, a bipartisan legislation aimed at safeguarding older workers from workplace discrimination by eradicating forced arbitration.
A recent survey commissioned by Michael Page reveals that 30% of UK workers report they’ve faced discrimination in the workplace, yet a staggering 64% of them chose not to report it.
A recent report, written by the Inclusion Initiative at the London School of Economics (LSE), in collaboration with Protiviti, addresses key concerns on the impact of generational tensions on workforce productivity.
A survey released in conjunction with National Older Workers Week identified learning opportunities and age bias as key issues for the older workforce.
Grandparental leave is rising in prominence with the potential for benefits for both families and employers alike.
New analysis from the Centre for Ageing Better reveals that there has been an increase of nearly one million individuals aged over 65 in the workforce since 2000.
More employers across a range of industries are signing up to the Centre for Ageing Better's 'Age-friendly' pledge.
Recent data from Generation, the global non-profit organization focused on employment, in collaboration with the OECD, underscores the imperative for employers to fundamentally reconsider their approach to midcareer and older talent.
The latest stage of the Centre for Ageing Better’s Good Recruitment for Older Workers (GROW) project introduces helpful new ways to reduce age discrimination in the recruitment process.
The economic gains that could result from addressing issues preventing older workers returning to the workforce are significant.
A recent survey in Singapore, conducted in August 2023 to mark the International Day of Older Persons, revealed strong support among individuals aged 50 and over for increasing retirement and re-employment ages.
The government has confirmed that it has no plans to introduce apprenticeships for over-50s who wish to return to the workforce, they will instead be redirected to existing schemes.
The Western Australian Government is investing $5.5 million into a new program to help more jobseekers get back into the workforce by offering free training, career advice or assistance to find a work placement. The aim is that new skills will be gained and the confidence boost required to transition back into the workforce.
The Uttar Pradesh government has asked all its departments to identify all employees aged 50+ and dismiss them by 15 August.
According to a recent study, 10.3% of over 60s in India felt they had suffered age discrimination.
The redundancy rate for those in their 50s is double that of those in their 40s, suggests research by jobs site Rest Less.
Governments must promote more and better job opportunities for older workers in order to protect both living standards and the sustainability of public finances, according to an OECD report.
Research from Robert Walters and Totaljobs revealed that 41% of over 50 year olds say there is a lack of promotion and career development opportunities available their current workplace.