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The Ageing Workforce – What’s your strategy? by Talent Smoothie

Eight out of 10 organisations are not planning any policy changes to recruit, retain and engage older workers, according to ‘The Ageing Workforce – What’s Your Strategy?’ a report recently published by leading consultancy Talentsmoothie. This is despite estimations there will be 13.5 million job vacancies over the next 10 years, but only 7 million school and college leavers.

The report highlights a significant new demographic challenge for employers. Older workers are the main untapped source of hidden labour talent, but most organisations aren’t equipped to recruit and retain them. Talented and motivated mature workers have options. The over 50s have accounted for 85% of new business start-ups in the UK over the past two years. Without investment in finding out what interests and inspires this population, this valuable resource might walk out of the door.

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