DWP run the Fuller Working Lives programme which the information below will inform businesses about being age inclusive and harnessing the skills and experience of an ageing workforce.
Skills, Productivity and the Ageing Workforce:
Nearly one in three workers in the UK are aged 50 and over, and with the average employee in the UK in their 40s, this is set to grow over the next decade. With many more people working into their 60s and beyond, people aged 50 may have another 20 years of working life ahead of them. As the workforce gets older, the competition is now on for the best and most experienced staff. There are fewer school leavers, and the expectation is that it will become harder and harder to fill vacancies with workers from outside the UK. The older workforce is already a reality. Employers need to act now to attract and retain older workers or they will fall behind their competitors.
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