A shift towards early retirement, greater mental health difficulties, and desire for more flexible and part-time work requires a new approach, warns Confederation of British Industry (CBI) DavidConnett1 reports:
has been “for ever changed” by the pandemic and requires a major rethink by politicians and businesses, a business lobby group has said.
“In Britain we don’t have the workforce and the skills we need to prosper and grow. Why? Our demographics have changed. The population is ageing. And a generation in their fifties and sixties – with private pensions and property wealth – can take early retirement,”Business leaders were warned that “without strong societal values, a central sense of purpose, a commitment to better employee lives and active diversity and inclusion strategies, we will lose the talent war”.
“The New Deal is a truly mutual value exchange of what the employee gives and gets that goes way beyond terms and conditions. The return for bosses from this better proposition is this: loyalty, discretionary effort, leadership. If we want these – not merely employees who clock in − we have to earn them,” he said.: “The pandemic has changed perspectives on the balance of work in our lives and the way we lead them. Many still work, but not like before.
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