Experience matters | Why we should be banking on later life career changes in the war for talent

As headlines about the talent crisis have slowed, you’d be forgiven for thinking that the UK’s talent woes are in fact now under control. This, however, is not the case. We’re still very much in the midst of a talent squeeze that still threatens to break businesses, and challenge industries.

According to data released by Manpower, in 2023, 77% of companies globally report talent shortages – the highest in seventeen years. That’s a shocking statistic.

A lack of vital skills development, and a simple lack of workers willing to be tempted away from the revised benefits and development opportunities presented by their current employers and a narrowing of the overall pipeline is creating a crippling issue.

So what’s the solution? Unfortunately, it’s not as simple as a one-size-fits-all solution, however there is one area of the talent market which is woefully overlooked. Over fifties workers.