New Deal for over-50s - Tony Blair(2)
It also means, for the country, the loss of the experience, enthusiasm, valuable skills, of that older and wiser head, that can work wonders for a firm and also give opportunities to older people. So
It also means, for the country, the loss of the experience, enthusiasm, valuable skills, of that older and wiser head, that can work wonders for a firm and also give opportunities to older people.
So, it was to tackle this waste, that we piloted the New Deal for the Over-50s in nine areas across the country.
It's proved so successful that already over 1,000 older people have moved off benefits and into work.
And it's why, when I visited Wales on Thursday, I launched the New Deal for the Over-50s across the country.
Now, it's a voluntary package of help, open to anyone over 50 or their partners out of work for more than six months.
And they are offered individual help from personal advisers, funding to update skills, and tax-free financial support - on top of wages to ensure a minimum take-home pay of £170 a week for those in full-time work.
And because the New Deal is tailored to each person it's also flexible enough so that those who only want to go back to work part-time are helped as well.
The help they receive is geared to overcoming the skills and financial barriers preventing them rejoining the job market and stopping their talents being lost to firms and the economy.
It's already been welcomed by employers as a way of releasing the potential of older workers. By improving skills, keeping people in the labour market and encouraging those outside it to enter again. We help employers by increasing the supply of experienced and talented people in the workforce.
And, with the new code of practice aimed at discouraging age discrimination in employment, it underlines our determination to ensure there are opportunities for all.
Many firms are already recognising the value older workers bring and are prospering because of them.
So, we promised when we came into office, we would govern for the whole country, whatever people's age or background, whether for the so-called heartland areas or so-called middle Britain. And the New Deal for the over 50s is another example that we mean it.
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