How to retain an older workforce

The number of people aged 65 and over is expected to nearly double to 19 million by 2050.

According to a report titled Age in the Workplace conducted by Business in the Community, between 2012 and 2022, an estimated 12.5 million jobs will be created from people leaving the workforce – meaning an additional 2 million jobs will be left open.

This is why retention of older workers is vital for the future of the economy.

Business in the Community’s Age at Work Director, Rachael Saunders, says that one way to retain an elder workforce is by tailoring what you offer them to make them stay.