Yesterday (July 29th), employment relations minister Edward Davey launched a consultation into proposals to end the entitlement of companies to force workers to retire when they reach 65.
The plans suggested that the default retirement age could be phased out by October 2011, following a six-month transition phase.
CIPD diversity adviser Dianah Worman said her organisation is "greatly encouraged" by the government's plans, as research has shown that many employees would like to work past the standard retirement age.
"With the allowed transition period of six months and adequate support, employers will be able to continue to benefit from retaining the knowledge, skills and experience of older workers," she commented.
Additionally, Ms Worman claimed that allowing people to work past the age of 65 will allow firms to benefit from better talent management processes and higher productivity.
The Recruitment & Employment Confederation also welcomed the proposals, but suggested it may reduce the number of opportunities open to younger jobseekers.
The plans suggested that the default retirement age could be phased out by October 2011, following a six-month transition phase.
CIPD diversity adviser Dianah Worman said her organisation is "greatly encouraged" by the government's plans, as research has shown that many employees would like to work past the standard retirement age.
"With the allowed transition period of six months and adequate support, employers will be able to continue to benefit from retaining the knowledge, skills and experience of older workers," she commented.
Additionally, Ms Worman claimed that allowing people to work past the age of 65 will allow firms to benefit from better talent management processes and higher productivity.
The Recruitment & Employment Confederation also welcomed the proposals, but suggested it may reduce the number of opportunities open to younger jobseekers.
