4 January 2017

Almost half of workers would stay in work if they were offered more flexibility by their employers in later life, according to new research conducted for the Department for Work and Pensions (DWP).

Responding to the latest British Social Attitudes Survey (BSAS), 47% of workers said that they would work longer before retiring if their employer were to offer more flexible hours.

A similar proportion of respondents said they would want to work part time (46%), or take on a less demanding role (30%).

Nearly two-thirds of employees say that they expect to retire in their 60s but younger workers, some 30% of 18 to 24 year-olds and 21% of 25 to 34 year-olds expect to be working in their 70s.

Employment Minister Damian Hinds said: "There are more older people in work than ever before, but we know that many leave the workforce earlier than they’d like. Having greater flexibility over when and for how long they work is clearly something that appeals to many people."

More employers are taking on older workers, he went on, as they recognise the benefits of having them on the payroll, but the need now is to help more older people stay in employment.

This is why, the Minister explained, the Government will publish a strategy in the new year, led by employers, on how it aims to bring these changes about.

Full details of the latest BSAS can be found at http://bit.ly/2hyFPac.