Dr David Lain from the University of Brighton Business School, said: "Employers ... need to recognise that legal changes alone will be insufficient for retaining valued older employees."
He explained that older workers often have a number of responsibilities outside work, such as caring for others, and they choose to engage in leisure activities as well.
These staff members are likely to be more in favour of the "potential attractiveness of gradual retirement", which allows them to reduce their working hours over time.
Recent research from international law firm Freshfields Bruckhaus Deringer also highlighted concerns about the impact of the abolition of the DRA.
A survey conducted by the firm revealed that two-thirds of people believe job creation could be affected by the decision and it could potentially harm the recovery of the UK economy.
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Posted by John Oak
Source: Salespeak News