Employers are pulling out all the stops to prevent an exodus of staff aged over 50 years old.
One in 10 firms have introduced support measures to help this age-group continue in the workplace in the past year, according to a report by insurer Aviva.
Forward planning: One in 10 firms have introduced support measures to help the over-50s continue in the workplace in the past year
It comes as the Chancellor has pleaded with the over-50s who have retired early to return to work – at a time when 8.7m working age people are classed as economically inactive.
Support from employers include offering workers apprenticeships to learn new skills and ‘mid-life MOTs’ that offer workers checks on their health and financial position.
It has also included flexibility such as job-sharing or part-retirement where workers work part-time.
In the Spring Budget, the Government dedicated a £70m pot to supporting over-50s in staying in or returning to work.