Ageing workforce

Think that the over-50s are eager to retire and wind down? Think again:

There are over 10 million over-50s in employment. The potential reasons could include the fact that the state pension age has increased and we’re also living longer than we were just a couple of decades ago. The fact of the matter is that we have more older people in the workplace and as employers, we have a duty to make sure that we’re supporting our staff and ensuring that diverse needs are being met.

So, how can you tap into the opportunity that exists and what exactly do you need to know about your responsibilities, when it comes to harnessing the skills of the older generation?

Here, we share some of our top tips for making sure that your business is riding the silver wave.

Don’t write off older staff when it comes to learning and development

There’s often the assumption that older people have one eye firmly on retirement, so there can be a tendency to neglect learning and development provisions and keep the bigger opportunities for younger employees. This is potentially discriminative and it’s also extremely short sighted.

Invest in your older workers and you could see many benefits. Be aware of the skills that they may be lacking and focus on what you can do to ensure that they’re brought up to speed, making sure that they can continue to contribute to the bigger picture.

Consider reverse mentoring initiatives

Technology is often a stumbling block for older employees and they can sometimes lack confidence when it comes to getting to grips with new systems and processes. This is obviously a generalisation, though it’s well worth considering whether this could be the case within your business.

A fantastic option here is to create a reverse mentoring programme. Younger staff, who tend to have less overall experience but more confidence with technology, could share their knowledge with their older colleagues. It’s easy to jump to the assumption that you need to fork out for formal training and it’s true that this is sometimes necessary, but there are many other options that can be just as effective.

Be aware of the needs of older workers

At every different life stage, there are things that employers need to be aware of when it comes to making sure that they’re supporting their staff and giving them a degree of flexibility to help them to meet their needs. One thing that you might want to consider for older staff is how you can support them when it comes to their caring responsibilities.

Flexible working, part-time working and later-life working options could allow knowledgeable and experienced staff the flexibility to continue with their employment, focussing on productivity rather than actual working hours. Older workers may also have responsibilities as carers for relatives, elderly or young.

Our workforces are becoming more diverse and this can be a wonderful thing for your business. But you do need to take the time to make sure that you’re fulfilling your responsibilities and doing all you can to keep your policies and practices fit for purpose.

If you want to ensure that you’re getting things right, get in touch. We can carry out a review of where you are and what changes may need to be made to keep your business thriving.