Accessability Links
Cookies on our website
By continuing to use this website we will assume you are happy to receive cookies as outlined in our cookie policy
Accept Policy

EY backs campaign for age-diverse workforces

Sep 08
Tags: Ernst & Young LLP
Share this story:
EY backs campaign for age-diverse workforces

EY is among the high-profile firms that are giving their support to a new campaign urging employers to create age-diverse workforces and harness the benefits that older employees can offer.

The initiative is being driven by Business in the Community's Age at Work leadership team, which counts EY among its members alongside the likes of Barclays, Aviva, the Co-operative Group and the Department for Work and Pensions (DWP).

A report published to mark the start of the campaign noted that the number of people over the age of 50 in the British workforce increased by 2.5 million between 2005 and 2015.

Departures from the labour force and the creation of new positions is expected to result in 14.5 million job vacancies by 2022, with only seven million young people available to fill them.

Senior workers could prove crucial when it comes to plugging this gap, with one million older people who are currently not employed saying they want to work.

If half of this group were to move into paid jobs, the UK economy would gain up to £88 billion a year, according to figures from DWP.

Business in the Community pointed out that many companies have already recognised the benefits older workers can offer, such as improved engagement and understanding of customers.

Shaun Crawford, global insurance leader at EY, said: "At EY, our mission is to create a better working world, and making the most of our people at all ages is a part of that.

"There has been plenty of public debate about what our ageing population means. Business in the Community's Age in the Workplace report sets out what companies now need to do to retain, retrain and recruit older workers."

One of the recommendations in the report is providing adequate training to line managers to ensure they are able to engage with employees at different stages of their careers.

Search for the latest management consultancy jobs and consulting recruitment opportunities or contact us on +44(0)207 089 9017.

Image: Szepy via iStock

Share this story:
Add new comment
Jobs Related to this Post
5 result(s) found 
Page 1 of 1 

50K€ to 80K€ + Bonus
Our client is a Paris-based consultancy set up by a team of experts in the Financial Services consulting field. Their clients include leading banks, insurance companies and FinTech
Pharma Consulting Role at Customer Experience Consultancy Our client is a London-based consultancy that use Customer Experience Management to help their clients in a variety of sectors to achieve
£50k-£100k plus bonus benefi...
Our client is a growing European consulting firm with an excellent pedigree. Their consultancy approach doesn’t just focus on making existing processes more efficient
£40k-£55k plus bonus benefit...
Our client is a leading global financial services business which is very well established in the UK. They are growing their procurement operation and are looking for a Consultant with good indirect
€90,000 plus bonus, benefits
Germany - Munich
Our  client is a growing specialist strategy consulting firm who are growing internationally and are looking to augment their team in Germany.  We have a requirement for a good German