16/05/2002

Businesses urged to meet challenges of age diversity

A member of the Assembly Committee for Enterprise, Trade and Investment has said: “businesses must act now to exploit the opportunities and meet the challenges ahead caused by population ageing."

Mr McClarty, a UUP MLA for East Londonderry, was speaking at a seminar in Parliament Buildings organised by the Northern Ireland Ageing Population Panel to highlight the economic implications of the growing Age Shift and the need for companies to adopt age diversity policies in the workplace.

He said: “The United Nations has identified that the ageing of the world’s population is one of the most important issues facing our future. Increased life expectancy and sharp falls in birth rates in recent years have lead to a rapid increase in the proportion of older people in the total population.

“The Northern Ireland Executive’s Programme for Government acknowledges the importance of our own demographic shift. But action at Government level alone is not enough. We all have a role to play in anticipating change and avoiding the potential problems, not least the local business community.”

Mr McClarty said: "Most businesses are largely unaware of how the Age Shift will impact on their activities. Yet a number of sectors are already reporting difficulties in recruiting staff while large numbers of people over 45 are unemployed or economically inactive. Companies must consider how they might adjust recruitment practices and work patterns to attract and retain older employees. We simply cannot afford ageist attitudes.”

Ms Samantha Mercer, Campaigns Director for the Employers’ Forum on Age, outlined the business case for age diverse policies: “The business case for age diversity is plain common sense. As the workforce ages and contracts, skilled workers will increasingly come at a premium. Companies that fail to respond to this threat will put their future growth and profitability at risk, while missing out on the benefits of employing a mixed aged workforce.”

Dr James McKenna, Chairman of the Northern Ireland Ageing Population Panel, added that the initiative was about recognising that the older community has a significant and increasingly important contribution to make to economic development and prosperity.

The Northern Ireland Ageing Population Panel is an initiative developed under the UK Government’s Foresight Programme which seeks to bring together the knowledge and experience of business, academia, the voluntary sector and Government to examine issues that will influence life in Northern Ireland in the years up to 2020.

(SP)

Related Northern Ireland Business News Stories
Click here for the latest headlines.

08 March 2019
Business Bootcamp For Firms Hoping To Target Over 50's
Lisburn and Castlereagh City Council is planning a two-day business advice session for entrepreneurs and managers hoping to make a break through in the over 50's consumer market.
17 August 2001
Over 50s starting record number of new businesses
The over 50s are starting a record number of new businesses, according to a new survey from Barclays bank. Barclays report, ‘Third Age Entrepreneurs – Profiting from Experience’, shows that older entrepreneurs are responsible for 50 per cent more business start ups than 10 years ago, starting an estimated 60,000 new businesses in 2000.
15 January 2002
Empey unveils rural internet access programme
Economy Minister Sir Reg Empey has unveiled a new scheme to provide rural businesses with fast internet access using satellite technology. The technology, known as “affordable broadband services” (ADSL) was previously only available to companies in the Greater Belfast area and some larger towns in Northern Ireland.
03 May 2002
Province leaps into information age
“The Information Age Initiative has supported Northern Ireland business in ‘leapfrogging’ into a new era,” the Minister for Enterprise, Trade and Investment, Sir Reg Empey has said.
09 October 2001
Northern Ireland welcomes IT security conference
Network and Internet security are priorities if Northern Ireland businesses are going to be able to rise to the challenges of the Information Age.