Almost three quarters (72%) of employees aged 51-60 believe they have been overlooked for promotion, a new survey shows, and 41% of those in their fifties feel there is a lack of opportunity to progress. The staggering evidence of the way experience is wasted by UK businesses comes from recruitment specialists Robert Walters and Totaljobs. Pessimism about advancement among the over 50s “poses the risk of over 15 years’ untapped potential as workers’ careers stagnate and their amassed knowledge and experience isn’t utilised”, the researchers warn. With two thirds of employees reportinga skills shortage last year, the older segment of our workforce could add value and boost output. “If progression paths are not made clear, 45% or workers in their fifties would look for a role elsewhere”.

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