I n the UK, the current retirement age is 67, however this is due to change to 68 and the timetable for this is currently under review. Life expectancy at birth in the UK in 2018 to 2020 was 79.0 years fro males and 82.9 for females according to the ONS and this is also set to increase. If people are living longer, then as a natural consequence, they’ll need to work longer, which requires continual career growth. The old rules of retirement were written toward an economy where most of the work being done was manual labour, and reaching the age of 65 was viewed as being liberated from the intensive daily grind. However, as disruptive technologies emerge and change the business environment, working professionals are being tasked with having to upskill continually, which presents new opportunities to grow and develop. As more businesses increasingly identify the need for employees with leadership skills, they’ll soon discover, growing current employees is...
Rosia Bay Ltd is an Executive Coaching & Business Management support operation based in Newark. With over 35 years hands on senior leadership experience and ten years as a qualified Coach, Rosia Bay aims to provide helpful advice and insight in our posts.