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UK / Training Older Workers / 92% of employers don’t invest in training of over 60

A recent poll of UK CEOs has uncovered a worrying neglected generation of older workers. This new research, commissioned by Skillsoft, reveals that 92% of UK business leaders openly admit they don’t invest in training and development for employees over the age of 60.

With many employees now choosing to work past the traditional retirement age of 65 to make up the shortfall in pension pay-outs, UK businesses are overlooking valuable skills and opting not to invest in this growing generation of older workers.

“Two billion people will be over 60 by 2050, many of whom will remain in employment for longer, so organisations need to re-think their training plans to accommodate this growing ageing workforce,” Kevin Young, general manager, EMEA at Skillsoft, said.

“The older generation can add so much value to an organisation with their experience, and failing to complement this with the latest key training, could potentially damage the future development of any business.

Chosen excerpts by Job Market Monitor from

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via UK businesses failing to tap experience of older workers.

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