The Great Retirement | Could letting older workers work from their 'second homes' help solve the talent crisis?

Companies should allow their older staff to choose their own hours and work from their second homes in Spain, according to Neil Carberry, Chief Executive of the Recruitment and Employment Confederation (REC). Carberry told the Daily Telegraph that, in an labour market where mass retirements have led to labour shortages, offering perks like this would incentivise workers not to take early retirement.

Citing ONS data which shows that there are 500,000 fewer workers aged 50 to 70 than there were prior to the pandemic, Carberry said: “In some cases, you may say they can work from Spain for two months. That kind of flexibility is going to be really important for companies to navigate this labour market.”