Aviva study | One in ten employers introduce support for retaining over-50s

One in 10 employers have introduced support for retaining employees aged over 50 years old, a new report has found.

This type of support could include apprenticeship programmes, mid-life MOTs, job-sharing, and opportunities for ‘part-tirement’ – semi or partial retirement, according to Aviva, which carried out the study.

Aviva’s Working Lives Report 2023: Fit for Future found over three-quarters (76%) of employers think it is important to retain employees aged over 50, with almost a third (32%) of those saying it is very important.

Debbie Bullock, Head of Wellbeing at Aviva said: “Employees over 50 can be a valuable asset to an organisation, bringing a breadth of experience and skills. It is important they are supported by employers in a way that recognises their individual needs.