I carefully pointed out that she
was still well and truly employed and that I couldn’t see her boss being really
pleased about J taking a month off to go and explore the foothills of Kenya somewhere.
‘Apart from which’, I asked, ‘who would we get to look after the
goats, chickens, cats, Dylan the dog and Billy the parrot?’ None of which
appeared to be a problem as far as J was concerned. So, I also reminded J that
I was working and sadly just couldn’t take a month off. She laughed and
reminded me that I was meant to retire over four years ago. Which is true, but
I choose to continue to work, albeit part time.
Over the last 10 years, I have
been a Non-Executive Director in three different NHS acute Trusts. I’m currently
a Chair of a large acute NHS Foundation Trust in Greater Manchester. The
hospital is 65 miles away from my home and, as well as online meetings, involves
an at least twice weekly 90-minute commute on some the most challenging motorways
in England. But I love what I do, and the folk I work with, so spending three
hours each day on the road doesn’t worry me. And as long as I remain healthy
and well, I want to continue in the role for my full term, which means at least
another three years. Then possibly I might retire.
Now I’m not alone in continuing
to work after I should have retired. In the UK there are more than one million people
over the age of 65, who continue to work. Last week the Institute for Fiscal
Studies (IFS) published a report last week that looked at how employment patterns
have changed for folk in their 50s and 60s between 2002 and 2019. The IFS study
notes that early retirement is increasingly becoming the preserve of the
wealthy. Today, a greater number of people are having to work for longer, due
to the increasing cost of living and a lack of financial security. These are
people in their late 60s and early 70s. This is a change from 20 years ago. Back
then, how much money you had accumulated was not the overriding factor for
those in their 50s and 60s thinking of retiring early.
Interestingly, although the IFS
study only looked at trends up to 2019, the pandemic appears to have reinforced
this trend for many employment groups, particularly those in professions and
caring occupations. There has been a significant increase of people in these
groups taking early retirement. Being able to make this choice clearly must
include consideration of an individual’s financial situation. However, it was
quality of life that is reported to have been a stronger incentive. The
pandemic appeared to perhaps prompt folk to think more deeply about what is important
to them in life, the degree of stress they experienced at work and of course
the opportunity to do something for themselves.
Sadly, the pandemic also had
another impact for some people; people who had no choice but to leave the workforce
due to health reasons. The Office for National Statistics (ONS) notes that the
number of people becoming economically inactive due to health reasons is only likely
to grow. This is a trend that will continue to challenge both individuals and
already workforce-challenged organisations such as the NHS. People with long
term and often complex health issues, who are unable to work and who perhaps must
survive on benefits, are likely to experience further health problems.
In many healthcare organisations,
workforce shortages are already having an adverse impact on the range, quality
and safety of the services the rest of us need to have provided. Recruitment
and retention have become two of the most serious challenges for the NHS to
deal with. There are no easy solutions. For many of the health professions,
there is a long training lead in time. Alternative and new entrants to the
health care workforce provide some relief, as does greater use of technology
and new ways of providing treatments and care. Virtual wards are growing in use
and sophistication, but we are not there just yet and such approaches don’t
work for all health problems. The recent medical industrial action has also revealed
another problem around the training of doctors. Their education and training rely
heavily on the guidance, support, and supervision of senior experienced doctors
such as consultants. And these are increasingly a group of healthcare professionals
who have chosen to retire early, taking their knowledge and experience with
them.
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