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What will really change for senior employment?

The issue of employment of seniors was raised during discussions between trade unions and employers’ associations. After the first phase devoted to methodology and diagnostic hearing, this second session will focus on measures for its purpose Keep employees in their jobs longer.

Crucial negotiation for seniors

The new contract aims to keep seniors working longer, but better. As part of the discussions between the social partners on February 3, 2024, they set the objective of finding an agreement by the end of March 2024. At the end of these negotiations, seniors will remain in their positions for a long timeHowever, the legal retirement age has been increased from 62 to 64 years. That’s not all, as compensation for older job seekers will also be discussed during these talks.

At the end of December 2023, Employers and trade union organizations have already met at Medal headquarters during the hearing phase. On the other hand, this new discussion aims to review everything down to the smallest detail. Thus, there will be several issues that need to be studied, namely:

  • Employment of Seniors.
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  • Vocational career paths and retraining.
  • Creating a Universal Time Savings Account.

Employment of Seniors, Optimism of Govt

These negotiations on the Life at Work Pact are certainly the most important in ten years. This will provide a solid solution to the employment challenge for seniors as the retirement age is pushed back. Moreover, there is a shortage of employment among this category of workers. In France, the employment rate falls on average from the age of 55.

According to INSEE, about 16% of people aged 55 to 59 are neither employed nor retired. This condition often occurs due to disability or health reasons.

Considering these figures, The government aims to increase the employment rate of seniors aged 60 to 64 to 65% by 2030.. To do this, it calls on the social partners to address some essential solutions, in particular:

  • Strengthening collective bargaining related to age management.
  • Employment-retirement transitions.
  • End-of-career planning.
  • Fight against age discrimination.

CETU, a sensitive discussion

Universal Time Savings Account or CETU should also be discussed by the social partners, discussions that promise to heat up. Indeed, the latter has to address a particularly sensitive issue which is progress for workers. However, this system is a real headache for social and employer organizations.

Let’s definitely remember that The current CET allows workers to set aside rest days to recover later, either on leave or on remuneration. While with CETU, employees can keep this stock throughout their career. However, the adoption of this criterion raises some questions regarding how to manage these new rights and their value as well as their application at the universal level.

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