FSB supports Government retirement review
THE Federation of Small Businesses (FSB) is supporting the Government s proposal to bring forward the review on the default retirement age and is calling on the Government to scrap the default retirement age. New research by the FSB shows that 60 per cent
THE Federation of Small Businesses (FSB) is supporting the Government's proposal to bring forward the review on the default retirement age and is calling on the Government to scrap the default retirement age.
New research by the FSB shows that 60 per cent of small businesses do not think the Government should set a default retirement age.
The FSB is now urging for a provision in the law to protect employers who need to retire staff because of ill-health threatening their levels of performance.
FSB North and East Herts chairman Pam Charman said: "In a recent FSB survey, 60 per cent of respondents employ staff over 50 years old and a quarter employ staff who are over 65, showing that small firms are flexible employers.
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"Nearly 80 per cent of small firms responding to our survey said they do not use the default retirement age for their staff, and 76 per cent believe retirement should be decided mutually between the employee and employerss.
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