Pension threat: What experienced employees want to make them stay

Making experienced employees stay in the labour market could prove difficult, when the dream of retirement beckons them to leave.

Although there has been a general trend in recent years for experienced employees to extend their working lives, more of them expect to swap their height-adjustable desk for gardening or looking after their grandchildren before time.

This is shown by a survey among Finansforbundet’s members.

Among those aged 55 years and older, 60% expect to retire at least one year before the state pension age, with 12% thereof expecting to do so more than 5 years earlier.

“In times of competition for the workforce, there are only good reasons for holding on to your experienced employees, before early retirement beckons them to leave,” says Steen Lund Madsen, Vice President of Finansforbundet, who also encourages the sector to pay less attention to the age of the employee.

“Forget all about age prejudice, and hold on to your gold,” he says.