Generational clashes raise HR worries

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Tension between younger and older workers in UK businesses may weaken growth, according to a survey from KPMG. Many young workers felt that the late retirement of older workers was damaging their career prospects, the Big Four firm found.

The problem is particularly acute in accountancy firms as partners tend to retire later and are blocking career development for workers in their thirties and forties. Younger accountants are leaving firms and "buying out" clients to start their own practices, according to one expert.

Official figures recently showed that the number of workers in Britain aged over 65 or more has risen above one million for the first time

KPMG surveyed 1,500 people aged between 17 and 70 in different industries and found...

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Comments

Hot air

chEEK | | Permalink

Someone got paid to write that report? Sigh.

Not making equity partner is a give-away. How many people fail to make it there based on other people's age? If you're good enough - and you can stump up the money - then you'll be invited to do so when the time is right.

Also, equity partners don't tend to be working because of a pension shortfall - nothing will have changed there since before the ageism legislation. These are the kind of people who wouldn't be forced into retirement in any legal/economic climate.

If that situation really happened then it sounds like sour grapes by someone not good enough (or just too ambitious for their own good) more than an age-related issue.

And whoever wrote that report couldn't even see that? Money for old rope writing this kind of drivel - that's the best that I can find to say about it.