Challenges and Opportunities of New Zealand’s Ageing Workforce Commission for financial Capability, june 21 2016
The number of New Zealanders working past 65 is on the rise but a new survey has found most businesses are not geared up for the changing workforce.
It found 83% have no policies or strategies in place for workers aged over 50. And it doesn’t matter what sort of work they do: the results for those engaged in manual work, such as farming and forestry, were no different to those in manufacturing or the service sector.
The survey found more than two thirds (69%) of the 500 businesses agree that there’s a shortage of highly experienced workers in their industry. And a similar proportion (70%) are concerned about losing skills and experience when older workers retire.