According to the organisation, more than half of workers over 55 currently plan to work beyond state retirement age and it is in firms' interests to make it easier for them to achieve this.
This is particularly relevant because by 2020 the CIPD predicts that 36 per cent of the UK's workforce will be 50 or older.
Dianah Worman, diversity adviser at the group, said that there are plenty of reasons why companies should look to hire and retain older workers.
"Research shows their impact and experience within the organisation enables better customer service, enhanced knowledge retention and can help to address talent and skills shortages," she stated.
The CIPD believes that the government has a role to play by highlighting the best practice when it comes to older employees.
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Posted by Nikki Barrister
Source: The Sales Executive News