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Flex Jobs a Priority as British Government Looks to Extend Retirement Age
The availability of flex jobs is among the main concerns to older workers in Britain as the government looks at extending the retirement age. Visit http://careerlifeconnection.com to learn more.
A proposed amendment to the Equality Bill could extend the retirement age throughout Britain. This is an idea that has been supported by many in an effort to end work-place discrimination against older employees and recent reports that found the majority of older workers do not want to give up their jobs when they turn 65-years old.
"Britain has experienced a skills exodus during the recession and as the economy recovers we face a very real threat of not having enough workers – a problem that is further exacerbated by the skills lost by many older workers being forced to retire at 65," Baroness Margaret Prosser, deputy chair of the Equality and Human Rights Commission, told The Independent.
"This is about developing a way of working that is based on the demographics of today's populations and moving away from systems established when people died not long after reaching state pension age and women were supported by their husbands," she added.
While the retirement age is currently 65 for men and 60 for women, the age for women is set to increase to 65 by 2020. Simply increasing the retirement age by 18 months could add £15 billion to Britain's economy.
Beyond ending discrimination and contributing to the economy, upping the retirement age wold benefit workers in Britain, who often want or need to be employed longer. According to a report from the EHRC, this is in part because almost one in 10 workers 70 to 75-years old are still financially supporting their children.
Due to the desire to balance family responsibilities and health needs with work, older workers said that having flexible hours and locations are crucial to keeping them in the workforce. About 85 percent of those older than the state pension age who are not working said a greater availability of part-time or flexible jobs would help them find employment.
A proposed amendment to the Equality Bill could extend the retirement age throughout Britain. This is an idea that has been supported by many in an effort to end work-place discrimination against older employees and recent reports that found the majority of older workers do not want to give up their jobs when they turn 65-years old.
"Britain has experienced a skills exodus during the recession and as the economy recovers we face a very real threat of not having enough workers – a problem that is further exacerbated by the skills lost by many older workers being forced to retire at 65," Baroness Margaret Prosser, deputy chair of the Equality and Human Rights Commission, told The Independent.
"This is about developing a way of working that is based on the demographics of today's populations and moving away from systems established when people died not long after reaching state pension age and women were supported by their husbands," she added.
While the retirement age is currently 65 for men and 60 for women, the age for women is set to increase to 65 by 2020. Simply increasing the retirement age by 18 months could add £15 billion to Britain's economy.
Beyond ending discrimination and contributing to the economy, upping the retirement age wold benefit workers in Britain, who often want or need to be employed longer. According to a report from the EHRC, this is in part because almost one in 10 workers 70 to 75-years old are still financially supporting their children.
Due to the desire to balance family responsibilities and health needs with work, older workers said that having flexible hours and locations are crucial to keeping them in the workforce. About 85 percent of those older than the state pension age who are not working said a greater availability of part-time or flexible jobs would help them find employment.
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