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The 100-Year Life: A New Perspective on Ageing

Posted January 9, 2025

The prospect of living to 100 is now increasingly realistic in today’s day and age.

This is a topic I’ve been exploring a lot as I believe it’s crucial for the UK government and defence sector to get to grips with this and adapt to this new reality if they’re to harness the full potential of a multigenerational workforce.

In my previous blog, I explored the concept of the 100-year life and how advancements in healthcare, lifestyle changes, and technology are enabling people to live longer, healthier lives. In this next instalment, I’m taking a deeper dive into this topic thanks to exciting new research published in Nature Ageing, which reveals that baby boomers are now ageing so slowly that 70 really is the new 60.

So let’s take look…

The Slow Ageing Phenomenon

Recent studies have shown that the biological markers of ageing are shifting, particularly for the baby boomer generation. This research indicates that individuals in their 70s today exhibit health and vitality levels comparable to those in their 60s a few decades ago

This shift can be attributed to several factors:

  1. Improved Healthcare: Advances in medical science have significantly enhanced the management of chronic diseases and preventive care.
  2. Healthier Lifestyles: Increased awareness of the importance of diet, exercise, and mental well-being has led to healthier lifestyle choices.
  3. Technological Innovations: Wearable technology and telemedicine have made it easier for individuals to monitor and manage their health proactively.

 

What This Means for Society

I believe the implications of this slow ageing phenomenon are profound.

As people live longer and healthier lives, we can expect to see changes in various aspects of society such as:

  • Workforce Dynamics: With people remaining healthier for longer, the traditional retirement age may shift, allowing for extended careers and new opportunities for lifelong learning and development.
  • Healthcare Systems: There will be a growing need for healthcare systems to adapt to the needs of an ageing population, focusing on preventive care and chronic disease management.
  • Social Structures: Communities and families will need to adjust to the reality of multi-generational living, with more active and engaged older adults.

Embracing the Future

As we continue to understand the science of ageing, it becomes clear that our perceptions of age and vitality are evolving. The idea that “70 is the new 60” is not just a catchy phrase but a reflection of the remarkable progress we have made in extending the healthy years of life.

And that means that we must look to the over 50’s as a viable and long-term career group that will be critical to the health of the UK employment market.

More thought needs to be given to attracting and mobilising this generation.

The journey towards a 100-year life is not just about adding years to life but adding life to years. By embracing healthier lifestyles, leveraging technological advancements, and adapting our societal structures, we can look forward to a future where ageing is not something to be feared but celebrated, and where our working lives will extend well into our 70’s for many of us.

What this means for the Government & Defence sector

Specifically, to the world that we service, I think real thought and time needs to be given to the following points:

  • How to harness multi-generational talent
  • Adapting workforce policies to make them fit the generations (hire to retire policies etc…)
  • Improved Health and Wellbeing policies to enable a positive extended working life
  • Learning and development initiatives that enable reskilling later in careers

With well documented Digital, Data, Cyber skills shortages across the Defence and Government sectors in the UK now is the time to harness the potential of the extended working life, I really believe it will be a critical skills channel of the future.

 

If you would like to discuss this topic further, please don’t hesitate to get in touch with me.

[email protected]

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Embracing Longevity: Strategies for a 100-Year Life in the Workplace

Posted December 3, 2024

In today’s day and age, the prospect of living to 100 is becoming increasingly realistic.

This shift, explored in depth by Lynda Gratton and Andrew J. Scott in their seminal book “The 100-Year Life”, can actually have profound implications for how we approach our careers, education, and personal lives.

This is a topic I’ve been exploring in-depth (as you might have seen in my previous blog last month) and I believe that it’s crucial for organisations, particularly those in the UK government and defence sector, to properly understand and adapt to this new reality if they’re to harness the full potential of a multigenerational workforce.

The Implications of a 100-Year Life

Living longer means working longer, but it also means rethinking the traditional three-stage life cycle of: education, work, and retirement.

Gratton and Scott argue that this model is becoming obsolete and propose instead a multi-stage life where individuals cycle through periods of learning, working, and leisure multiple times.

This approach requires a fundamental shift in how we manage careers and support employees throughout their extended working lives.

So how does this outlook impact organisations in the government and defence sector and what are some of the elements in the workplace they should pay attention to and strategies they can implement in order to support such a multigenerational workforce?

Continuous Learning and Development

Lifelong Learning

In a 100-year life, the need for continuous learning becomes paramount. Organisations must foster a culture that encourages lifelong learning and provides opportunities for employees to acquire new skills at various stages of their careers. This could include offering access to online courses, workshops, and formal education programmes.

Career Flexibility

Employees will likely transition between different roles and industries multiple times throughout their extended careers. Providing career flexibility and supporting lateral moves within the organisation can help employees remain engaged and productive. This flexibility also allows organisations to retain valuable talent by offering new challenges and opportunities for growth.

Financial Well-being and Security

Financial Education

With longer lives come longer retirements, making financial planning more critical than ever. Organisations can support their employees by offering financial education programmes that help them understand and manage their finances effectively. This includes planning for retirement, managing debt, and investing wisely.

Flexible Retirement Options

Traditional retirement ages and structures may no longer be suitable for a 100-year life. Offering flexible retirement options, such as phased retirement or opportunities for part-time work, can help employees transition smoothly into retirement while still contributing their expertise to the organisation.

Health and Well-being

Promoting Physical and Mental Health

A longer life requires a greater focus on maintaining physical and mental health. Organisations can play a pivotal role by promoting healthy lifestyles through wellness programmes, providing access to mental health resources, and creating a supportive work environment that prioritises employee well-being.

Work-Life Balance

Balancing work with personal life becomes even more important in a longer career. Flexible working arrangements, such as remote work and flexible hours, can help employees manage their responsibilities and reduce stress, leading to a healthier and more productive workforce.

Building a Supportive Culture

Intergenerational Collaboration

Encouraging collaboration between different generations can lead to a more innovative and dynamic workplace. Mentorship programmes, where experienced employees share their knowledge with younger colleagues and vice versa, can foster mutual respect and understanding.

Inclusive Policies

Developing policies that support employees at all stages of their lives is essential. This includes offering parental leave, supporting employees who are caregivers, and creating an inclusive environment where everyone feels valued and respected.

Conclusion

I think it’s clear that the 100-year life presents both challenges and opportunities for organisations.

But by embracing the principles outlined by Gratton and Scott, companies can create a supportive and flexible environment that allows their people to thrive throughout their extended careers.

This approach not only benefits individual employees but also enhances organisational resilience and innovation, ensuring long-term success in an age of longevity.

If you would like any advice on how to implement any of these strategies into your own organisation, please don’t hesitate to get in touch with me: [email protected]

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Sanderson take on the award-winning Strive Internship programme from Hargreaves Lansdown

Posted November 20, 2024

We’re delighted to announce that Sanderson has taken on the award winning Strive Internship programme from our close client, Hargreaves Lansdown.

We took part in the scheme in the summer of 2024 and we’re now excited to continue this fantastic work that provided over 100 paid internships to Black, Asian and minority ethnic students across multiple organisations and industries.

What is it the Strive Intern Programme?

The programme offers paid work experience placements to Black, Asian and minority ethnic university students across organisations in the West of England. It is a fantastic opportunity for students to fully immerse themselves in placements with partner organisations for 6–8 weeks, gaining hands-on work experience, building confidence, and developing their professional network.

The cross-sector programme also includes opportunities for interns to attend valuable skill-building sessions designed to enhance career confidence and provide opportunities for interns to connect with each other.

Find out more and get involved

You can find out more about the Strive Internship programme, as well as register your interest in taking part as either a student or an organisation by heading over to this page.

You can also find out more about the programme by downloading the Strive Brochure

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Harnessing the Strengths of an Intergenerational Workforce

Posted November 13, 2024

Have you ever wondered why your younger colleagues prefer instant messaging over phone calls?

Or why team members from earlier generations can be hesitant to embrace the latest software?

As the average lifespan increases and retirement ages rise, today’s workforces are becoming increasingly age-diverse. This presents unique challenges for leaders aiming to get the most from their people, but also a huge wealth of opportunities.

Let’s explore them…

The Strengths of an Intergenerational Workforce

An intergenerational workforce offers numerous benefits, chief among them being diverse professional perspectives.

Each generation is shaped by different cultural, economic, and technological contexts, which influence their attitudes, work styles, and problem-solving approaches.

Looking at each of the different generations, I believe some of their key strengths are:

Baby Boomers

Born between 1946 and 1964, this generation brings a wealth of experience and what I like to think of as a strong work ethic. This can lend itself to offering valuable insights into long-term strategic planning and customer relationship management.

Generation X

Born between 1965 and 1980, this is a generation known for its adaptability and resourcefulness. In my opinion, they excel at managing change and navigating complex challenges, making them excellent problem solvers who can bridge the gap between the more traditional Baby Boomers and the tech-savvy younger generations.

Millennials

This is a generation born between 1981 and 1996 and are often thought as being adept at using technology to enhance productivity and communication, a useful strength in any team. They are typically values-driven and seek employers who align with their personal beliefs and priorities, such as social responsibility and environmental sustainability.

Generation Z

The youngest generation currently in the workforce and born between 1997 and 2012, this is the first truly digital native generation. They value diversity, inclusion, and work-life balance, and they often look for employers who provide opportunities for professional growth and flexibility which is a key skillset and outlook to complement many teams.

Challenges of Managing an Intergenerational Workforce

While a multigeneration workforce brings with it many strengths and opportunities, I think it can also present a few challenges if not managed appropriately.

A few of these challenges might be:

Stereotypes and Bias

Age-based stereotypes can create significant barriers to collaboration and productivity. For example, assumptions that employees from the Baby Boomer generation are resistant to new technologies or that Gen Z employees lack the experience to make critical decisions can lead to misunderstandings and hinder teamwork. I believe it’s essential to actively work against these stereotypes and encourage an environment of mutual respect and understanding.

Communication Styles

I think it would be fair to say that different generations have varying communication preferences. Those from earlier generations may prefer formal, written communication such as emails, while Gen Z employees may favour more informal, instant messaging apps or collaborative platforms like Slack. Understanding these preferences and finding a middle ground is crucial for effective communication.

Varying Expectations

Different generations may have different expectations regarding career progression, work-life balance, and job security. For instance, Baby Boomers might prioritise job stability and long-term employment, while Millennials and Gen Z may focus more on career development opportunities and flexible working conditions.

Strategies for Leveraging Intergenerational Talent

So if we want to harness the strengths of having an intergenerational workforce, what are some of the strategies that businesses can employ to better leverage this varied talent, and ensure that everyone can be the best they can be in the workplace?

Creating a Culture of Respect and Inclusion

I strongly believe that fostering a culture that values contributions from all age groups is critical. This can be achieved by promoting diversity and inclusion initiatives that specifically address age diversity, or even encouraging mentorship and reverse mentorship programmes where employees from different generations can offer their insights and help bridge the generational divide.

Inclusive Communication

Adopting a multi-channel communication strategy can help to facilitate effective communication across generations. This could include combining traditional face-to-face meetings and emails with digital tools such as video conferencing and instant messaging. By providing multiple communication options, organisations can ensure that all employees have access to the information they need in a format that suits them.

Flexible Work Arrangements and Development Opportunities

Offering flexible work arrangements, such as remote working options and flexible hours, can accommodate the diverse needs of an intergenerational workforce. Additionally, providing a range of professional development opportunities, from traditional training sessions to online courses, ensures that employees of all ages can continue to learn and grow within the organisation.

Integrating Age into Your DEI Strategy

Recognising age diversity as a critical component of overall diversity initiatives ensures equitable practices that acknowledge and value the contributions of all age groups. This means developing policies that not only prevent age discrimination but actively promote age diversity as an asset. By doing so, companies can create a workplace culture that genuinely values and utilises the strengths of an intergenerational workforce.

Conclusion

In today’s increasingly age-diverse workplace, I believe that organisations that successfully manage and leverage an intergenerational workforce can gain a significant competitive advantage.

By recognising the value of age diversity, companies can then foster a culture of inclusivity and mutual respect, which can both enhance employee satisfaction and even drive innovation and productivity.

When you acknowledge and value the unique strengths and perspectives each generation brings, organisations can build stronger, more cohesive teams that are better equipped to tackle the challenges of the modern business landscape.

If you have any thoughts on this topic or questions on how you can implement any of the strategies discussed, please do get in touch: [email protected]

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Enhancing Inclusive Recruitment Practices: From communication styles to psychological safety in the workplace

Posted September 11, 2024

As part of our partnership approach, Sanderson Government & Defence are pleased to offer a variety of training opportunities and services to our clients. Most recently, our Head of Talent Consulting for G&D Mollie Hatton provided training to one of our reputable technology company clients.

In order to continue striving to attract diverse talent to their organisation and ensure they minimise bias and ensure a fair selection process, this client recognised a need within their talent community to increase awareness and familiarity around inclusivity, and more specifically inclusive recruitment.

What was the aim of the training and what did it cover

In order to unpack these topics, Mollie focused her training session around four key objectives and topics:

Psychological Safety Awareness

The training session educated participants in the importance of creating a psychologically safe environment during the recruitment process while encouraging an open dialogue, active listening, and empathy.

Mollie covered the impact that this can have on candidate experience as well as highlighting some strategies for creating a safe interview environment and how you can learn from mistakes.

Understanding Communication Styles

Mollie gave participants the opportunity to explore different communication styles including assertive, passive, aggressive and helped them to understand the impact each of these can have on candidate interactions though role-playing scenarios to practice adaptive communication.

This session also provided strategies for adapting communication styles to connect effectively with candidates from diverse backgrounds and recognised the importance of respecting diverse communication practices.

Navigating Multigenerational Organisations

The training discussed the varying opportunities and challenges of working with a multigenerational team as well as highlighting the value of diverse perspectives and experiences.

Mollie guided participants through tactics to leverage generational strengths and how to bridge any gaps through training and mentorship and reverse-mentoring.

Mitigating Bias in Recruitment

Mollie raised awareness of the different unconscious biases that can affect decision making such as affinity bias and confirmation bias.

During the session participants were also introduced to evidence-based strategies to minimise bias at each stage of the recruitment process such as structured interview techniques, blind resume screening and diverse interview panels.

Conclusion

The training session was huge success with participants coming away more confidence and awareness around how to create an inclusive recruitment environment and process plus practical strategies, tips and advice to future proof an inclusive workforce at their company.

Next steps

If you’re interested in conducting a similar training session at your organisation, the Sanderson team are here to help.

Please don’t hesitate to reach out to Mollie to discuss a training programme relevant to you and your company.

[email protected]

 

Would you like to hear more from Sanderson and learn about the work we do? You can sign up to join our mailing list here for a variety of updates, access to our market leading salary benchmarking data, white papers, reports and blogs PLUS our latest news and event invites.

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Engagement & Retention of Early Careers Talent: New White Paper

Posted July 11, 2024

There is no question that hybrid and remote working is here to stay but does it create unintended challenges for those entering the workforce for the first time or those early careers roles that require on the job training and support?

Mark Beale, Director of Delivery and Engagement at Sanderson notes ‘The emphasis of our RPO solutions into the financial services sector has evolved over the past 18 months from the ability to deliver high volumes of hires to meet the post-covid surge in demand, to partnering with our clients to deliver strategies that help them retain and develop their early careers talent, creating sustainable succession pipelines for senior and specialist roles.’

A question recently posed to us was, ‘how do we provide a better employee experience so that we can engage and retain more of our early careers talent, particularly with the increase in hybrid and remote working practices?

To get a deeper understanding of these challenges, Sanderson partnered with a variety of Banks, Building Societies, Insurance, Wealth & Investment companies to understand their approach to this challenge and we have shared our findings in a comprehensive and downloadable report.

Download your copy today via this link.

If you would like to discuss any of the issues discussed in this paper, or have any questions on your own early careers candidates, please don’t hesitate to get in touch.

 

Would you like to hear more from Sanderson and learn about the work we do? You can sign up to join our mailing list here for a variety of updates, access to our market leading salary benchmarking data, white papers, reports and blogs PLUS our latest news and event invites.