One in two workers would prefer not to work beyond the State Pension age; says new research.
A survey of 1500 office workers aged between 18-65 by recruitment firm Office Angels shows that 52% of respondents are against the idea sprouted by the Adair Turner report on pensions to work into old age and beyond 65.
Older workers were found to play a large part amongst the respondents workforces. Today, a third of workers are aged between 41 and 55 and the proportion of over 55’s working in offices is at an all time high, according to the report.
Ninety-seven per cent said they were paying into a company or private pension fund. Only 3% are counting on a state pension to provide for them in old age.
Paul Jacobs, Managing Director of Office Angels said:
“With the larger number of older office workers and people becoming more assertive about maintaining a good work/life balance, employers need to consider options such as flexible benefit packages which cater for the needs of the individual.
“In a marketplace characterised by change, many workers move on in order to move up and employers must strive to better understand their employees’ needs in order to retain staff.”
Other key findings include:
- Forty-eight per cent say work-life balance is of primary concern to them
- Workers expect to have five to ten different jobs during their working life, with notions of a ‘job for life’ disappearing
- Almost half of workers (49%) say they suffer from work related stress and claim it affects their behaviour at home
- Fifty-four per cent cite workload as the biggest stress-inducing factor
- Over two thirds (67%) are satisfied that their skills and abilities are being put to full use in their current job while 80% enjoy the ‘mental stimulation and sense of achievement’ that their job brings.