Nick Homer: How can protection help employers retain their older staff?

"The role of group income protection and other health related benefits has never been more crucial"

clock • 4 min read

Nick Homer, head of group risk market management at Zurich, examines how the industry can help encourage more older employees to stay in, or return to, work in line with the Government’s current focus, via improved employee benefits.

At a time when companies are rightly focussing on diversity and inclusion, the strengths of an age-diverse workforce can, unfortunately, still sometimes be overlooked. Older workers, having been in their roles for years or sometimes decades, can often leave a knowledge gap that is difficult to fill once they leave. Their ability to mentor younger employees can be invaluable, and their lower tendency to move jobs can add greatly to a business's stability.   There's also the ability of being able to better reflect and empathise with a business's customer base. But recent years hav...

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