Employers need to step up support to retain valuable older workers and working carers
With people living longer and fewer young people entering the labour market, Britain’s employers are increasingly reliant on the skills and talents of older workers to boost productivity. However, the ageing population also means that there will be an estimated nine million carers in the UK by 2037, many of whom will be trying to juggle both care and employment. This is according to new research released today by the CIPD, the professional body for HR and people development. It finds that, although the UK’s policy framework for supporting older workers and creating fuller working lives is well-developed in comparison to many other European countries, there is a crucial need to turn this thinking into practical action from organisations, to avoid losing the skills and experience of employees who choose to work beyond retirement.