New analysis reveals a staggering 624% increase in age discrimination payouts, with compensation averaging £103,000 in 2023-24. As high-profile legal cases highlight the risks for employers, experts warn that companies failing to address age bias could face costly consequences.
A government report has also called for urgent action to combat the UK’s “pervasively ageist” culture, emphasising the need for stronger workplace protections. With older workers struggling to secure jobs and facing systemic bias, businesses are being urged to rethink recruitment, retention, and inclusion strategies.
Employers who prioritise multigenerational workforces stand to gain from diverse perspectives, improved decision-making, and higher productivity. As ageism remains one of the last socially accepted forms of discrimination, experts stress that companies ignoring this issue risk being left behind.
Read the original article by People Management