We are also seeing increased pension inequity with people of colour in particular experiencing inequal pay from pensions, according to The People’s Pensions data.
Women aged between 55-64 are leaving the UK workforce at a higher rate than their male counterparts, according to figures from The Resolution Foundation in August 2021. Some research suggests that caring responsibilities are a contributing factor for this difference between rates of leaving the workforce.
organisations can struggle with large age gaps between management and entry-level employees, with retaining older employees, and with recruiting talent across multiple generations.
How can we ensure the workplace is inclusive for all generations?
- The Age and Employment Network provides guidance on creating workplaces that are more inclusive of multiple age groups.
- Debias your systems to ensure that older employees are not overlooked for career development opportunities or in recruitment.
- Challenge language and comments that are stereotyping different generations. Research shows that in many essential ways, older and younger workers have lots in common.
- Ensure that your organisation’s support for health conditions and carers is inclusive of multiple generations in your workforce.