Redundancies among over-50s ‘increase’

-

Over-50s worried about redundanciesThe recession has increased the number of employees over the age of 50 who have been made redundant, a new survey has revealed.

Between October 2008 and May 2009, there was an increase from 32 per cent to 47 per cent in the number of individuals aged 50 and over who were made redundant, The Age and Employment Network (TAEN) found.

Another trend seen during the current economic downturn is a perception of ageist attitudes. Over 70 per cent of respondents believed that their employers saw them as “too old” – this figure stood at 63 per cent before the recession.

The findings from TAEN showed that 45 per cent of individuals do not feel that age discrimination laws have helped older people find work.

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

 

Chris Ball, chief executive of TAEN, said that although legislation was introduced in 2006 to outlaw age discrimination in employment, “it has certainly not eradicated discrimination in recruitment – particularly when times are tight and where it is difficult for an individual to prove discrimination and take action”.

Business manager at TAEN Kenneth Frost previously said the recession has made reskilling and upskilling “essential” to the UK’s economy.

 

talentpagebanner

Latest news

Personalising the Benefits Experience: Why Employees Need More Than Just Information

This article explores how organisations can move beyond passive, one-size-fits-all communication to deliver relevant, timely, and simplified benefits experiences that reflect employee needs and life stages.

Grant Wyatt: When the love dies – when staying is riskier than quitting

When people fall out of love with their employer, or feel their employer has fallen out of love with them, what follows is rarely a clean exit.

£30bn pension savings window opens for employers ahead of 2029 reforms

UK employers could unlock billions in National Insurance savings by expanding pension salary sacrifice schemes before new limits take effect in 2029.

Expat jobs ‘fail early as costs hit $79,000 per worker’

International assignments are ending early due to family strain, isolation and poor preparation, as rising costs increase pressure on employers.
- Advertisement -

The Great Employer Divide: What the evidence shows about employers that back parents and carers — and those that don’t

Understand the growing divide between organisations that effectively support working parents and carers — and those that don’t. This session shows how to turn employee experience data into a clear business case, linking care-related pressures to performance, retention and workforce stability.

Scott Mills exit puts spotlight on risk of ‘news vacuum’ in high-profile dismissals

Sudden departure of a long-serving BBC presenter raises questions about how employers manage high-profile dismissals and limit speculation.

Must read

Managing talent in a changing world

We’ve summed up recent findings that address the CHRO’s role in business growth today. Discover how forward-thinking HR leaders are approaching talent in an environment where company culture is front and center and the next biggest competitor might not exist yet.

Mandy Flint & Elisabet Vinberg Hearn: Overlook culture at your peril

With General Motor’s culture failings fresh in memory, it’s...
- Advertisement -

You might also likeRELATED
Recommended to you