The gap between the employment rate of 50-64 year olds and under 50s currently in work is...read more
A new report shows how both employers and office space developers need to understand how employees’ preferences change as they get older.
All organisations are facing new challenges as a result of disruptors in technology and generational shifts and need to have a greater awareness of how this affects their priorities, according to a new report.
Law firm Taylor Wessing’s new Work in Progress report – a research-based study of more than 2,000 working people in the UK and Germany – outlines the latest trends and shows how generational preferences and priorities differ as well as areas that companies need to prioritise in response to the future of work and its workforce.
The data is split by various demographics and identifies what is most important to people at different stages of their working lives (life-stage trends) and how technology and social progress are changing people’s priorities (generational shifts), in some cases permanently.
It shows a rising demand for remote working as workers age, with length of commute being an important factor. For younger workers having up-to-date technology is more important than older workers as is being in a city centre environment – 36% of 21-25 year olds favour this, compared to just 9% of 46-50 year olds.
The report also highlights issues for office space providers – including a reduced demand for fixed offices and desks due to flexible working and an increased one for communal spaces within office complexes.
Other findings include: