Business & Employment

New research highlights that 81% aren’t seeking financial advice As more and more people reject the traditional working structure in favour of becoming self-employed, some people could be at risk of financial insecurity as they lose out on employee benefits that offer protection in the present, and financial planning for the future. New research highlights this groups vulnerability to financial…

Modern day careers are far more fragmented than previous generations'. People move jobs more frequently and taking career breaks to pursue out of work interests are also becoming more commonplace. But what does this mean for your pension and long-term finances? Your final pension pot may end up lower as a result of a career break, but it is still…

Redundancy pushes over 50s out of the workforce. The economic fallout from the coronavirus pandemic has made Britain’s workforce smaller, with a sharp rise in early retirement among older workers The disappearance of the older worker presents a serious challenge to employers. Not only are they the fastest growing employee population but they also have a wealth of experience that…

Age discrimination impacts job prospects of three million over-50s A total of 2.99 million recent job seekers over 50 (52%) believe their age has made employers less likely to hire them, according to a new report. Over half of over-50s (52%) who have searched for work in the past five years believe their age made employers less likely to hire…

Levels reach record highs in organisations as stress at work rise Unlike absenteeism, presenteeism isn’t always apparent. You know when someone doesn’t show up for work, but you often can’t tell when or how much illness or a medical condition hinders someone’s performance. Lockdown has taken its toll on many UK employees, as new research reveals that nearly half (46%)…

Reading time: 2 minutes > Employee health and well-being is high on many businesses’ agendas and is no longer merely an afterthought when addressing sickness absence. There is an obvious link between a happy, healthy workforce and improved productivity. The aim should be to reduce direct healthcare costs, build and sustain high employee morale, drive effective recruitment and retention, improve…

Reading time: 3 minutes > More people are now caring than previously thought, with almost 5 million workers now juggling their paid job with caring – a dramatic rise compared with Census 2011 figures of 3 million. Previous research shows those aged 45–64 – the so-called ‘sandwich generation’ – are most likely to have a caring responsibility, providing a strong…

Reading time: 4 minutes > The days of an employee turning 65, getting a gold watch or carriage clock and being ushered into a new world of golf, retirement communities and early-bird specials are rapidly disappearing. People are living longer, and organisations are shifting their attitudes toward older workers as a result. Rising life expectancies and an ageing workforce present…