Women ‘putting off retirement benefits’

-

More older women are putting off retirementFemale workers in the UK are more likely to put off leaving work to enjoy the benefits of retirement than they were several years ago, it has been revealed.

According to the Office for National Statistics, the average age that a woman chooses to retire now is 62 years and four months, in comparison to 1984 when this age stood at 60 years and eight months, the Daily Mail reports.

Indeed, almost one million women are now choosing to work past the age of retirement.

The newspaper reports that the recession is a driving factor behind many women’s decision to stay in work for longer, with 70 per cent stating that they had no other choice but to remain in employment.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

Meanwhile, a recent study by the Quality of Work Life revealed that people aged either under 25 or over 60 have been found to be the most satisfied in their working lives, a trend researchers called the “pre-retirement bounce”.

 

diversityadvert

Latest news

Transgender staff excluded from single-sex toilets under new equality guidance

Transgender people must be excluded from single-sex toilets and changing rooms that correspond with their lived gender under updated...

Simon Coker: Closing the emotional gap – why AI in the workplace is as much a human challenge as a technological one

AI adoption is transforming how work gets done across every sector. But its deeper impact is less visible: it is reshaping how people feel about their work.

Employment tribunal delays stretch towards 2030 as lawyers warn system is nearing collapse

Employment tribunal hearings are being delayed for years as lawyers warn mounting backlogs are undermining workplace justice.

Keeping culture and purpose at the centre of a growing fintech

A fintech people leader explains how culture, wellbeing and purpose are being protected during rapid business growth.
- Advertisement -

Migrant worker with no right to work in UK wins discrimination case against employer

An employment tribunal has ruled that a migrant worker without the legal right to work in Britain can still pursue successful discrimination claims.

Government to replace some GP sick notes with return-to-work plans

Workers in four English regions will be directed towards personalised health and employment support as ministers test alternatives to GP-issued fit notes.

Must read

Lorraine O’Brien: The role HR can play in tackling the issue of domestic abuse

"The cost of domestic abuse to business is estimated at £1.9bn – in the form of decreased productivity, time off work, lost wages and sick pay. It’s clear that there’s not just a moral imperative to act."

Theresa Dent-Gater, Croydon Council: Developing stress management strategies that work – and measuring the outcomes

I am thinking about the stress management strategies that...
- Advertisement -

You might also likeRELATED
Recommended to you