Stanley’s employer, the Financial Services Compensation Scheme (FSCS), took a conscious decision to create a workplace where people of all ages can thrive, and teams which benefit from the skills and expertise of people from different generations working together.
This guide has been designed with small and medium sized businesses in mind and sets out how a mid-life MOT can help both employees and employers, and where to go for advice and support.
The UK population is ageing. By 2020 1 in 3 workers will be over 50 and by 2030 half of all adults in the UK will be over 50. It is vital that people are helped to work for longer. To encourage businesses to get involved and seek to retain more older workers in their workforces, Andy Briggs, Chair of the Business in the Community Age Leadership Team and Government Business Champion for Older Workers, set an ambitious target in February 2017 of an increase of 1 million workers age 50 to 69 by 2022. On the second anniversary of the target, we report on progress that has been achieved so far.