A new survey has revealed that workers are considered "old" by their bosses from the day they turn 50.
The 50th birthday has become an "invisible tipping point" after which employees face discrimination and are seen as a burden, not an asset, the Daily Express reported.
Company chiefs fear they will end up with an office full of older people because many workers are carrying on past traditional retirement ages.
A survey of boardroom directors by business consultants KPMG found 75 percent are worried about managing a workforce whose ages range from teens to people in their late 60s.
Seventy-one percent admit that a worker is seen as "old" the moment he or she hits the half century mark.
A fifth say their organisation is "poor" or "very poor" in handling age discrimination.
Age prejudice is still alive and well in the workplace, despite legislation banning discrimination on the basis of a birth certificate.
Even though 62 percent concede it is "unfair" to discriminate against older staff, they admit it still happens.
Often this is because bigger organisations are geared up to take on graduates and promote them, rather than keep on older workers.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
