The results of a new study from Rest Less show that flexible work is increasingly popular with the over-50s.
According to a survey from Rest Less, almost 50% of self-employed people in the UK are 50 or older. The same data shows flexible working is increasing in popularity, with the number of self-employed people over 50 rising by 18% in the last decade.Working flexibly has several advantages that could appeal to older workers. Some of the benefits of flexible working can include higher pay, greater autonomy at work, and a better work-life balance.
According to a survey from Rest Less, almost 50% of self-employed people in the UK are 50 or older. The same data shows flexible working is increasing in popularity, with the number of self-employed people over 50 rising by 18% in the last decade.Working flexibly has several advantages that could appeal to older workers. Some of the benefits of flexible working can include higher pay, greater autonomy at work, and a better work-life balance.
This long-term growth in self-employment reflects shifting attitudes about work and retirement and the changing economic situation.
Rest Less say that a demand for greater flexibility at work and the necessity for some people to carry on working due to the cost-of-living crisis were key factors pushing more over-50s into self-employment.
Getting more over-50s back to work was a key goal for Jeremy Hunt in his recent Budget.
The Chancellor revealed a number of schemes to lure more early retirees back to the workforce, including âreturnershipsâ, skills boot camps, and a promise to abolish the lifetime tax-free limit for pensions savings.
Dexter Dyer, Director of Umbrella.co.uk, said: