Tristian Moakes & Alexis Curtis-Harris - The future of work and the case for never retiring.pdf
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Amongst other major trends, changes to the way we work, rapidly evolving technology and longer life expectancy will change the way we think about retirement over the coming decade. How should employers think differently about older workers?
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Tristian Moakes & Alexis Curtis-Harris - The future of work and the case for never retiring.pdf
- 1. The future of work and the case for never retiring Alexis Curtis-Harris | Head of Equality, Diversity and Inclusion Tristan Moakes | Strategy Director
- 2. Growing platform economy A new generation Ageing population Belief driven workers Accelerating technology penna.com Five Factors
- 3. Fill in the solutions briefing form 300 MILLION JOBS COULD BE DISPLACED BY AI penna.com
- 4. Client/project name | Title Fill in the solutions briefing form DIGITAL PLATFORMS COULD UNLOCK $10 TRILLION OF VALUE BY 2030 penna.com
- 5. Client/project name | Title Fill in the solutions briefing form 70% OF GEN Z CLAIM TO HAVE A SECOND JOB penna.com
- 6. Fill in the solutions briefing form 77% OF WORKERS SAID PERSONAL EMPOWERMENT WAS ESSENTIAL penna.com
- 7. Fill in the solutions briefing form BY 2040 IN THE UK ONE IN SEVEN WILL BE OVER 75 penna.com
- 8. How work has changed in the UK
- 9. The pandemic reversed a trend of increasing workforce participation Proportion of people aged 50-64 years who are not in work and not looking for work
- 10. Fill in the solutions briefing form WHAT KEEPS RETIREES FROM RETURNING?
- 11. Dall-e: Please create a picture of an apprentice Fill in the solutions briefing form STEREOTYPES CAN KILL SELF BELIEF
- 12. Fill in the solutions briefing form AGE BIAS IS STILL THRIVING IN RECRUITMENT penna.com
- 13. Bias in recruitment The Language used A lot of job descriptions contain words that older people don’t identify with. Think of words like "energetic" and "vibrant." These might give older workers the impression that you are looking for someone younger. The Experience asked Should describe in neutral terms the kind of experience you’re looking for. Refrain from using numbers. Listing a maximum number of years of experience will discourage older people from applying.
- 14. Bias in recruitment The necessary qualifications Only list the qualifications that are absolutely necessary for the job. We often see "graduate" listed as a criteria. This might give older workers the impression the job is not meant for them. The application process This can feel tailored towards workers aged 20 to 40 and older workers feel unsure about their chances. The standard two-sided CV which talks about regular employment and career trajectory does not enable applicants to nuance their career experience.
- 15. Image by rawpixel.com Fill in the solutions briefing form GENDER AND ETHNICITY DISADVANTAGE IS COMPOUNDED BY AGE IN THE UK WHITE 50–64- YEAR-OLDS HAD HALF THE UNEMPLOYMENT RATE THAN PEOPLE FROM ALL OTHER ETHNIC GROUPS COMBINED. penna.com
- 16. No 77% Yes 23% No 77% Yes 23% Fill in the solutions briefing form WHAT DO EARLY RETIREES THINK? Q: HAVE YOU CONSIDERED RETURNING TO WORK? WE SURVEYED 150 RETIRED INDIVIDUALS AGED 50-64
- 17. Why have you considered returning? Bored at home To earn money, to get more company, to give structure to my week. I like to mix with people and feel I'm being useful The extra cash would be handy So much left to contribute...
- 18. What barriers do you think you might face? Caring for elderly parent with health issues Lack of flexibility to take time off when I want to do what I want I have concerns that there may be technology I am unfamiliar with Dealing with woke attitudes in the workplace Being physically capable
- 19. Flexibility to determine my own working hours and days A workplace that I can travel to quickly Work that is intellectually stimulating or fun A job that let's me meet new people or socialise with colleagues Work that offers a strong sense of purpose, such as helping those in need or the community The ability to work from my home most or all of the time The opportunity to learn new skills A good benefits package 0 15 30 45 60 What might make you consider returning?
- 20. Not sure 24% A new job 44% The same or 32% Not sure 24% A new job 44% The same or 32% Fill in the solutions briefing form IF YOU WERE TO CONSIDER RETURNING TO WORK, WHAT SORT OF JOB WOULD YOU LOOK FOR?
- 21. 2 3 4 A roadmap for employers 5 CULTIVATE CONFIDENCE DESIGN JOBS AROUND OUTCOMES PROMOTE FLEXIBILITY FIGHT AGEISM IN RECRUITMENT REVAMP TRAINING AND DEVELOPMENT 1
- 22. Thank you