Enabling agile and flexible work is the key to engaging and retaining employees across generations. This is particularly crucial for older workers.
We are encouraging businesses to help facilitate longer working lives by supporting a culture of agile and flexible work.
Our Missing Million research demonstrated that by age 55-59, nearly 40% of all those in work want to reduce their working hours. Implementing agile work presents an opportunity to re-engage and motivate this crucial demographic who may leave the workforce altogether.
The benefits that come from agile and flexible working are clear.
- Employers will be able to reduce risk of attrition of top talent and save on recruitment costs.
- Employees will have an increased opportunity to strike a better work/life balance and businesses will benefit from a more engaged workforce.
Recommendations for business
• Innovate on agile work and job design, tailored benefits and new models of career success.
• Enable based working or flexible hours, to support people working longer. With the state pension age rising over time, it is crucial to rethink conventional career trajectories.
• Develop and recognise new models of career success that allow for periods of plateau and career breaks or sabbaticals related to caring commitments or personal development
Recommendations for government
• Legislate for flexible working from day one so that employees have the right to request flexible working from the start of the job application process, rather than waiting 26 weeks.
• Better integrate health and social care services with employers and employment support services, which alongside enhanced statutory flexible working will enable people to remain healthy in work for longer