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.
The real value of AI is the time it gives back
Breaking the magnetic pull of London
AI scepticism is healthy. Inaction isn't.
What does NPPF mean for site price and planning gain?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline
Devolution needs financial firepower to drive growth
The value of creating a stronger careers route
Apprenticeships: Invest in talent or keep chasing it
Are you ready for salary transparency?