Unlocking Britain's Potential –  A major event for senior decision makers ready to unlock the potential of their workforce.  21st February 2011

Only one in five employers has started to scrap retirement age, survey says

Job specifications remain in limbo after a new report revealed that only one in five employers has made moves to scrap the retirement age.

Additionally, 23 per cent intend to retain a retirement age for all jobs and another fifth will keep a retirement age for some positions and not others, legal firm Shoosmiths found in a survey of 115 businesses.

With concerns over staff reactions, including a loss of motivation and negative impact on young workers, Shoosmiths' partner and head of employment Kevin McCavish said the retirement age may be here for longer still.

"While this might suggest that next year’s legal changes will have a significant practical impact on employers and employees, the results reveal that the retirement age may not be pensioned off as quickly as predicted," he said.

In July it was announced that from April next year regulations that allow employers to retire workers who reach 65 will be phased out over six months.

Insight from Badenoch & Clark is here to help you make informed career and recruitment decisions. If you need help with a particular challenge, just ask. Contact us or check our latest legal jobs. 

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>