Working past 65 is fast becoming the norm in New Zealand; in fact, almost half of people aged between 65 – 69 are still in paid employment in New Zealand.
People will have their own reasons for wanting to work into their later years; for some it’s about contributing their skills in a productive way while for others it’s about maintaining social connection. Other benefits include improved physical and mental health, social status and respect, possibilities for lifelong learning and development, and the ability to stay active. Of course, many people are having to work past 65 as a financial necessity.
Either way, it’s of great benefit to businesses too; older people bring a wealth of experience, skills and knowledge to a role. Employers who realise the importance of this experience and give support to older adults wanting to stay in or return to the workforce can tap into a goldmine of potential just waiting to be uncovered.
Yet, the job market does not support older adults in the workforce as much as it could. There is a lingering perception that older workers do not have up-to-date skills and attitudes, especially in terms of technology and overtime. These perceptions are often incorrect; however, they do create a major barrier for older adults in the workplace. That’s why the New Zealand Government has recently released the ‘Mature Worker’s Toolkit’, a resource that aims to help businesses hire, develop and retain mature workers.