Housing and the increased cost of living are key factors behind the growing number of over-65s in the workforce
David Corkery: ‘I feel like I’m being villainised by the whole rugby community because I’m taking this action’
Prof Barrett previously found that a portion of these continued working in order to address inadequate pension provision. A shortage of workers in many sectors as well as the raising of the retirement age for civil servants and public sectors employees to 70 has significantly increased the range of available opportunities.“There’s more flexibility coming into the market,” says Mary Connaughton of the Chartered Institute of Personnel and Development , “because at the operational end, it’s harder to get people to actually do that work. We’ve seen that in hospitality and events.
“For many people, companies engineering things to allow them to stay in the organisation while sort of stepping back a little bit – that would be a positive.” “It was a situation in which the company realised that there are no younger workers and if they didn’t facilitate the physical demands of older workers, they were just going to have to close down,” he says.
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