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The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
The opportunities and
challenges of an older
workforce
Brian Beach, Research Fellow
International Longevity Centre – UK
@ilcuk
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
ILC-UK Planning Tomorrow, Today
 Westminster based think tank
 Evidence based research organisation
 Focussed on policy
 Take a balanced approach to intergenerational fairness
 Independent
 Well respected
 Experts in ageing, demography and longevity
 Well networked – part of an international network
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
We have worked extensively on older workers
www.ilcuk.org.uk
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
 Explored what works
 Why do some EU countries do much
better than others when it comes to
older workers?
 Policy and evidence review
 28 country profiles
 Event in Brussels (EESC)
 Incorporated latest statistics
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
Since the 1970s..
1970s-90s: Long-term falls in the participation
of older workers continues due to
unemployment; public and private pension
schemes incentivising early retirement; and
the provision of relatively generous pension
schemes and social security.
1995-2007: The long-term falls in employment
of older people across Europe begin to reverse
as incentives to retire early are reduced.
Post 2007: The growth in the participation of
older workers across Europe continues despite
the recession. However, unemployment
amongst older people increases.
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
Why do we need to work longer?
 We are living longer
 More of us expect to work longer
 We will need the money
 Governments are beginning to link age of pension receipt to longevity
 Fewer people of working age
 Migration will not solve the problem
 High costs associated with ageing
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
Half of 55-64 year olds across Europe are not in work
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
We are living longer
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
A retirement, not an ageing problem
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
Seven Challenges to overcome
 Achieving gender equality
 Skilling up the older workforce
 Supporting older people in the recession
 Matching the demand and supply of older
workers
 Tackling ageism
 Improving health
 Recognising the diversity of the working
experience
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
Challenges
Achieving gender equality
 Female LE is higher across the EU, 5.9 years on average; yet despite
living longer across the EU, women participate less in the labour
market and retire earlier
Skilling up the older workforce
 The current cohort of older workers in Europe have low levels of
education and qualifications compared to younger groups, and are
more likely to have worked in agriculture and production
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
Challenges
Supporting older people in the recession
Matching the demand and supply of older workers
 Creating the right jobs to meet the needs and wishes of the supply
of older workers
 Need to focus on demand: more part time work opportunities?
Tackling ageism
 Large numbers of employers are opposed to the idea of employees
working past 60, let alone 65.
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
Challenges
Improving health
 Poor health leads to labour market exit, but the picture is complex.
 Ill health does not impact the retirement decisions of different social
groups in equal ways.
Recognising the diversity of the working experience
 Older workers across Europe are more likely than other ages to be
self employed, on open-ended contracts, or working part-time.
 Need a better understanding of the informal economy in relation to
older workers
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
What should be done to support working longer?
 Taking a life course approach to working longer
 Better use of fiscal incentives to support working longer
 Changing incentives for early retirement
 Creating more, better, and more appropriate jobs for older workers
 Gradual retirement and flexible working is vital
 Tackling inequalities (including in lifelong learning and training)
 Ensuring the research agenda contributes to extending working lives
The International Longevity Centre-UK is an independent, non-partisan think-tank
dedicated to addressing issues of longevity, ageing and population change.
Many thanks
Brian Beach
Research Fellow
International Longevity Centre – UK (ILC-UK)
brianbeach@ilcuk.org.uk
02073400440
Twitter: @ilcuk

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Opportunities of an Older Workforce

  • 1. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. The opportunities and challenges of an older workforce Brian Beach, Research Fellow International Longevity Centre – UK @ilcuk
  • 2. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. ILC-UK Planning Tomorrow, Today  Westminster based think tank  Evidence based research organisation  Focussed on policy  Take a balanced approach to intergenerational fairness  Independent  Well respected  Experts in ageing, demography and longevity  Well networked – part of an international network
  • 3. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. We have worked extensively on older workers www.ilcuk.org.uk
  • 4. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change.  Explored what works  Why do some EU countries do much better than others when it comes to older workers?  Policy and evidence review  28 country profiles  Event in Brussels (EESC)  Incorporated latest statistics
  • 5. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. Since the 1970s.. 1970s-90s: Long-term falls in the participation of older workers continues due to unemployment; public and private pension schemes incentivising early retirement; and the provision of relatively generous pension schemes and social security. 1995-2007: The long-term falls in employment of older people across Europe begin to reverse as incentives to retire early are reduced. Post 2007: The growth in the participation of older workers across Europe continues despite the recession. However, unemployment amongst older people increases.
  • 6. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. Why do we need to work longer?  We are living longer  More of us expect to work longer  We will need the money  Governments are beginning to link age of pension receipt to longevity  Fewer people of working age  Migration will not solve the problem  High costs associated with ageing
  • 7. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. Half of 55-64 year olds across Europe are not in work
  • 8. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. We are living longer
  • 9. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. A retirement, not an ageing problem
  • 10. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. Seven Challenges to overcome  Achieving gender equality  Skilling up the older workforce  Supporting older people in the recession  Matching the demand and supply of older workers  Tackling ageism  Improving health  Recognising the diversity of the working experience
  • 11. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. Challenges Achieving gender equality  Female LE is higher across the EU, 5.9 years on average; yet despite living longer across the EU, women participate less in the labour market and retire earlier Skilling up the older workforce  The current cohort of older workers in Europe have low levels of education and qualifications compared to younger groups, and are more likely to have worked in agriculture and production
  • 12. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. Challenges Supporting older people in the recession Matching the demand and supply of older workers  Creating the right jobs to meet the needs and wishes of the supply of older workers  Need to focus on demand: more part time work opportunities? Tackling ageism  Large numbers of employers are opposed to the idea of employees working past 60, let alone 65.
  • 13. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. Challenges Improving health  Poor health leads to labour market exit, but the picture is complex.  Ill health does not impact the retirement decisions of different social groups in equal ways. Recognising the diversity of the working experience  Older workers across Europe are more likely than other ages to be self employed, on open-ended contracts, or working part-time.  Need a better understanding of the informal economy in relation to older workers
  • 14. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. What should be done to support working longer?  Taking a life course approach to working longer  Better use of fiscal incentives to support working longer  Changing incentives for early retirement  Creating more, better, and more appropriate jobs for older workers  Gradual retirement and flexible working is vital  Tackling inequalities (including in lifelong learning and training)  Ensuring the research agenda contributes to extending working lives
  • 15. The International Longevity Centre-UK is an independent, non-partisan think-tank dedicated to addressing issues of longevity, ageing and population change. Many thanks Brian Beach Research Fellow International Longevity Centre – UK (ILC-UK) brianbeach@ilcuk.org.uk 02073400440 Twitter: @ilcuk