Time for a chAnGE
By Ericka Newton, Marketing Assistant, Epic
Age discrimination costs the UK economy £31billion a year
in lost production, according the Employer’s Forum on Age
(EFA). With the new legislation coming into force in October, the
Final Regulations and ACAS guidelines are due by the end of March.
So, while they are gearing up…how prepared are you for
the change?
The EFA believe readying for the new Legislation will be ‘employer’s
biggest challenge yet.’ Demographic change, and the pension
‘crises’ have made the case for Age Legislation impossible
to avoid, and more importantly ignore. They recommend
‘Strategic HR moves and a rock solid awareness program for
all staff ‘essential elements in successfully adhering to
the legislation, and what’s more companies should be doing
this now!
Forewarned is forearmed
We know the new legislation is going to cover retirement, unfair
dismissal, age criteria in pay and benefits, service related benefits,
pension schemes, as well as recruitment, selection, promotion and
training to name but a few areas – but how can we make sure
all our policies are in line with the new laws before they have
even come out?
The EFA are urging companies to go back to basics. ‘Audit
all employment policies, recruitment and selection processes for
age bias, removing all age elements wherever possible, rollout an
age discrimination awareness training program for all employees.’
They also suggest developing systems for analyzing staff surveys
and monitoring employee information by age to help identify problem
areas, as well as reviewing all pension and retirement scheme policies.
Maybe the most important area for development and perhaps the hardest
to embrace will be effecting the culture change ‘Stereotypes
are deeply entrenched and arguably, challenging ageist behaviour
and attitudes amongst employees is going to be the most difficult
issue for employers to tackle going forward’.
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