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Older workers rule OK

I’m a worker aged over 50, and if you believe the negative press, then you’ll think that I’m tech illiterate, low skilled and have crumbling health. Think again, as the over 50’s are often at their work peak, plus they play a vital role in teaching skills to younger people in the workplace. Are you a trusted over 50’s worker?

older workers

The growth of old dogs

The employment rate for people aged 50 to 64 has grown from 55.4% to 69.6% over the past 30 years. More impressive is the employment rate for people aged 65 and over has doubled from 4.9% to 10.2%. The growth in employment rates shows that the number of people over 50 in employment has risen faster than the population over 50.

Age is but a number

Here are five reasons why job experts believe that employers should hire workers over age 50:

  1. Breadth of experienced. An obvious benefit of older workers is their extensive know-how and problem-solving skills.
  2. Have confidence. A by-product of experience is that older workers are more confident than their younger counterparts, able to positively challenge in the workplace.
  3. Provide reliable service. You can find a maturity in decision-making you don’t find with younger people.
  4. Workers are loyal. Often older workers love their jobs more than younger workers.
  5. Can save the business money. An older worker can hit the ground running and be effective immediately. They have critical-thinking skills that can help them make good decisions quickly. They are teachers and mentors to younger workers.

By accepting that the over 50’s have the right combination of skills, you are tapping into the energy from their youth, alongside so much experience. Business should hire older people with the experience that can be shared from trying things in the past and knowing how it can be improved.

We are living longer healthier lives as public health improves and employers are starting to value older workers more. However, campaigners say that company attitudes are lagging. Barclays Bank and National Express recently announced apprenticeship schemes aimed at older workers (yes, older workers), putting them in the forefront of corporate initiatives to widen the age diversity of workforces.

Here’s the rub; UK recruiters know EU nationals are hesitant to apply for roles amid the confusion of the Brexit negotiations. Add the estimated 14.5m jobs that will be created in the UK over the next five years, with only 7m young people entering the workforce. Step forward the over 50’s workers, who should be encouraged to stay and delay retirement. That’s a million shades of grey.

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Visit at www.insurewithmax.com or call the UK call centre 0333 323 0098 for more information.

Sources:

http://www.telegraph.co.uk/business/2017/05/15/million-shades-grey-older-workers-should-fill-uk-skills-gap/

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/568240/employment-stats-workers-aged-50-and-over-1984-2015.pdf

https://www.agencycentral.co.uk/articles/2016-11/the-benefits-of-hiring-older-workers.htm

 

Date: 18 February 2019 by Max Robinson