UK workers less financially secure today than in Thatcher's Britain
Back to Topic
Click to Print
Useful Websites
Glossary Term Selection
Today’s employees are more likely to fall into financial difficulty than they were 30 years ago, according to a new report from Cass Business School, part of City University London. The UK workforce has changed dramatically, becoming older, more feminised and including more disabled workers. But, employee benefits – designed to provide financial protection – have failed to adapt, leaving workers financially exposed.
In 1979, we elected our first female Prime Minister, but by 2012 women represented more than half the UK workforce. According to Keeping Pace? Financial Insecurity in the Modern Workforce, commissioned by Income Protection provider Unum, there are 46% more older workers and 11% more workers who are ill or disabled, when compared to Thatcher’s Britain.
The same period saw the introduction of the first mobile phone – practically a stone age device compared with today’s smartphones – and both the birth and death of the CD. However, employee benefits provision, including p...
Want to see the rest of this article?
Would you like to see the rest of this article and all the other benefits that Issues Online can provide with?
- Useful related articles
- Video and multimedia references
- Statistical information and reference material
- Glossary of terms
- Key Facts and figures
- Related assignments
- Resource material and websites
