Have you considered the requirements of an ageing workforce?
Cambridge Ahead alongside Cambridgeshire & Peterborough Combined Authority, commissioned RAND Europe to carry out a study into the challenges faced by workers aged 50+ given the overall long-term trend towards people aged 50+ working for longer.
People aged 50+ left the UK workforce at a high rate during the Covid-19 pandemic, and employment rates have yet to recover. The report highlights concerns around individuals’ health, well-being and quality of life after leaving the workforce, and questions about the UK’s overall labour supply and economy and employers’ abilities to recruit and retain skilled workers.
Despite national evidence about workers aged 50+, only limited evidence for the Cambridgeshire and Peterborough area is available to inform decisions around supporting workers as they age.
This study looked at workers aged 50+ in Cambridge, South Cambridgeshire, East Cambridgeshire, Peterborough, Huntingdonshire and Fenland. It examines how much of a local issue recruiting and retaining workers aged 50+ is, the populations and sectors most affected by age-related challenges, employment support and why some are leaving the workforce.
The findings highlighted the need for employers, businesses and leaders to plan now.
Read the full report here - https://ow.ly/uJ7m50PL3su