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Europe

Longer Working Lives Are Arriving. Few Organisations Are Built for Them

55/Redefined

Longer working lives are arriving either way. The question is whether organisations are built for them. Welcome to the Enterprise Age Intelligence roundup, our regular briefing from around the world.

The UK ranks last in the G7 for longer working lives

Fidelity International's new Longer Working Lives Index scores how well G7 countries help people aged 55+ stay in rewarding work. Italy tops it, the US is second and the UK comes last.

30% of UK over-55s rate their retirement planning as poor, against 12% in the US, and 37% of those considering working longer say it's simply to get by.

Read the Fidelity International Longer Working Lives Index

Benefits for an ageing workforce

Over half the UK workforce will be 50+ by 2030, and 30% of employers already see that as a business risk. Corporate Adviser sets out why: 90% of people develop a medical condition before 67, and one in eight leave work through ill health. A benefits package built for a 40-year-old workforce is about to meet a very different one.

Read the Corporate Adviser analysis

Ireland's over-65 workforce keeps growing

The number of women over 65 in work in Ireland has grown from 7,200 in 2001 to 43,600 today, and men from 26,000 to 89,000. Since June, employers who want to enforce retirement at 65 must justify it on objective grounds, and staff can ask to stay to 66. Where the UK is still debating, Ireland has started to legislate.

Read the Irish Times report

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