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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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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
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Contact www.enei.org.uk alan.beazley@enei.org.uk
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