We’re living longer, healthier lives and have the opportunity to think differently about working as we get older.
Recent years have seen more older people in employment than ever before, but many people over 50 are at risk of leaving the workforce early, and not necessarily because they want to.
As the population ages, employers need to draw on the skills and experience of older workers to avoid loss of labour. Working longer can improve the health and wellbeing of individuals and bring the benefits of a multi-generational workforce to businesses.
One way that employers can hold on to employees in their 50s is through apprenticeships.
The Centre for Ageing Better and the Institute for Employability Professionals (IEP) have launched an accredited learning programme for employability practitioners on supporting over 50s jobseekers.
How apprenticeships can help
Older workers can often be overlooked when it comes to new training opportunities. Someone in their early 50s, however, can potentially stay with their employer for 15-20 years or longer. There is a clear case for investing in their future and, in so doing, that of the business.
Some employers are already recognising the importance of retraining, with Barclays and Whitbread among those running apprenticeship schemes for those in their 50s.
Apprenticeships have many benefits to employers, including:
- Giving employers the ability to train and upskill a new team member
- Recruiting, reskilling, and retaining older workers
- Creating a diverse workplace
- Providing managers with opportunities to improve their efficiency.
What the government is doing to help older workers
The government published the policy paper Fuller Working Lives: a partnership approach in February 2017 with the aim of increasing the retention, retraining and recruitment of older workers. The strategy is led by employers who understand the business case to drive change.
Through a combination of measures, the government will monitor progress on Fuller Working Lives. The government will publish annual data on economic labour market status on individuals aged 50 and over, including trends over time.
How CogniSoft can help with over 50s apprenticeships
CogniSoft have supported the skills and employability sectors for over 35 years, specialising in Client-Tracking, Case & Learner Management Systems. Our tailored software solutions are feature-rich and user-friendly, simplifying and speeding-up administrative processes. Our systems provide detailed reporting and data management, helping clients create efficiencies and demonstrate the impact of their work. Contact us today to see how we can help on 0161 777 2900 or email us at firstname.lastname@example.org