Unlocking the value of a multigenerational workforce
ResearchThis report features the results of more than 6000+ people over 50 sharing with us their motivations for work now they are over 50 and what they want from employers to support them and get them excited about working for longer.
The summary findings are:
- The biggest driver for people in their 50's + is doing work which offers them a sense of 'purpose'.
- The biggest barrier people face when planning for their working future, is simply 'not knowing what to do next'. This factor alone was almost twice as significant as any other.
- What people need and want most from organisations are chances to learn more about what opportunities are open to them next and to have time to learn about them. This is best understood via encouraging career conversations.
- The need for flexible work will continue to rise as we age.
- The majority of practical steps an organisation needs to take can be achieved with little or no cost.
- Organisations need to recognise the value of age and actively support the career planning process of employees as they get older.
- With an ageing workforce the entry point into organisations needs to extend from being 'graduate' only to include more career changer schemes.
- Ageism is widely felt as the second biggest barrier faced when trying to find work.
To access this report, you can download with this link