CIPD guidance on managing an ageing workforce

Employers can access advice on managing an ageing workforce following the publication of a free CIPD guide

The Chartered Institute of Personnel and Development (CIPD) has launched a free guide ‘Managing a healthy ageing workforce: A national business imperative’. It focuses on three steps for employers – building a business case, addressing issues of talent management and developing talent management.

“Organisations that respond appropriately to the challenges of an ageing workforce will gain a significant competitive edge, both in terms of recruiting and talent management, but also through supporting the well-being and engagement of employees of all ages,” said CIPD Diversity Adviser Dianah Worman.

Business benefits

“The business case for older workers is strong and research shows their impact and experience within the organisation enables better customer service, enhanced knowledge retention and can help to address talent and skills shortages,” she added.

“All of this will help guard against potential age discrimination claims, thereby mitigating damage to the brand and any associated costs,” said Worman. “With the removal of the Default Retirement Age last October, employers are freed up to adapt their workforce to the labour needs of the market.”

The CIPD said that older workers will be needed to help employers fill the future employment gap. There are predicted to be 13.5 million job vacancies over the next ten years, but only seven million people will leave employment over this period. In addition, 36 per cent of the working population will be aged over 50 by 2020.

You canĀ find out more about the ageing workforce guide on the CIPD website.