Forties People
The recruitment agency with a mature outlook and an innovative approach!
| Register with Us |
| Search for a Job |
| Find Jobs in London |
| Find Jobs in Hertfordshire |
| Candidate Login |
| Your Feedback |
No Placement No Fee
Our service doesn't cost you a penny unless we find you the right candidate
| Recession changes attitudes to jobs |
 |
 |
 |
| Latest Recruitment News - Mature Aged Recruitment News |
| Written by DirectNews Feed |
| Friday, 19 March 2010 00:00 |
 The recession has had a profound impact on people in work, and not just those in 40-plus jobs.Whereas during the boom years, we might not have wanted to get our feet too far under the table, the relative scarcity of jobs today has made us value our positions far more. Of course, many people are still actively looking for new positions so they can further their career and earn higher salaries. But a survey by professional services company Tower Watson suggests that lots of people are now demanding job security from their next role as well. Indeed, stability and security were cited as the most important aspects of a job by 81 per cent of those polled by the firm. Nick Tatchell, a senior consultant at Towers Watson, commented: "The recession has reminded people of some of the fundamentals of what they desire from work." Speaking to Personnel Today, he said people have become far more willing to embed themselves in an organisation. However, Mr Tatchell noted that workers also want their employer to make a similar commitment to them. Job security could be an issue to people in 40-plus jobs in particular, as a recent study has revealed that many are giving financial support to their adult children. Indeed, The Children's Mutual has found that 57 per cent of those with children aged between 18 and 30 intend to retire later than they had originally planned, because they are helping out their offspring. As a result, about 40 per cent of those polled believe they will still be in work after they have reached the default retirement age. This is particularly problematic for those who have more than one adult child. Figures from The Children's Mutual show that eight per cent of those with three children do not feel they will be able to retire as soon as they would like. And this view is held by 14 per cent of people with four children. With large swathes of the working population feeling a financial obligation to their family in the current economic climate, it is obvious why job security is becoming more and more of an issue. People may often choose to work until later in life for other reasons, such as a desire to keep contributing to the economy and to stay healthy and active. However, sheer necessity forces many to stay in 40-plus jobs and they do not want to let down their sons and daughters if they are providing them with financial help. David White, chief executive of The Children's Mutual, commented: "Worryingly, the number of parents getting caught in this middle age parent trap will almost certainly continue to rise." However, he said those with younger children could try to plan ahead and put money aside so they are prepared for future events. These parents may still want to stay in full-time employment when they reach retirement age. But at least they will be doing so because they want to keep working, rather than because they feel required to support somebody else. 
|
Latest Recruitment News
-
Businesses urged to consider advantages of flexible working
(Tuesday 15 May 2012) -
Queen's speech reveals changes to parental leave
(Friday 11 May 2012) -
Should businesses be preparing their workplaces for aging staff?
(Wednesday 09 May 2012) -
London firms urged to prepare for Olympics strain
(Wednesday 02 May 2012) -
Part time staff recruitment in London 'won't be affected in the long-term' by AWR
(Tuesday 01 May 2012)
Archive News
-
New Recruit May 2012
03-May-2012 -
New Recruit April 2012
03-April-2012 -
New Recruit March 2012
12-March-2012 -
New Recruit February 2012
02-February-2012 -
New Recruit December
05-December-2011