Beyond Fifty : 60% of baby boomers plan to extend their careers beyond the conventional retirement age

British employers are not planning to adapt their HR policies to accommodate a greying workforce despite an imminent skills shortage, a report by Talentsmoothie, in association with HR magazine, has found.

During the next decade, there will be 13.5 million job vacancies in the UK, but only 7 million school and college leavers – leaving a gap that immigration cannot plug.

‘The Ageing Workforce – What’s Your Strategy?’ found 60% of baby boomers plan to extend their careers beyond the conventional retirement age, but 80% of employers were not planning any HR policy changes in response to this demographic challenge.