Lockton’s Late Career Planning programmes encourage post work planning to ensure employees retire with dignity and certainty for their future years.

PEOPLE SOLUTIONS

Late Career Planning

Get in touch

Lockton helps businesses understand the long-term working intention of its employees

    Often mature employees leave work because they don’t understand what their long-term working options are. Consequently, employees leave because they believe they “have to”, rather than because they want to or are ready to. Conversely, businesses may be taken by surprise when long-term employees announce they are leaving, and succession plans are not in place, leaving the organisation exposed through loss of IP and reduced workforce capacity. In an environment where skilled staff may be hard to get, it is important to understand the long-term working intentions of employees and to design work which is safe and sustainable for older employees.

    Lockton’s Late Career Planning programs also encourage staff to undertake realistic post-work planning to ensure employees retire with dignity and certainty for their future years.

    Designing a late career plan with employees will retain valuable, experienced staff and increase long-term workforce participation.

    Our services

    • Workforce Participation Review

    • Understanding the long-term work intentions of your workforce

    • Understanding workplace options which encourage and support late career work

    • Planning for a retirement with dignity

    • Attraction and retention strategies for mature employees

    • Workplace design for mature workforces

    Key contacts

    Placeholder image

    Morag Fitzsimons

    National Manager Employee Care
    morag.fitzsimons@lockton.com
    +61 414 638 821

    Placeholder image

    Michelle Klobas

    Manager Advisory Services Employee Care
    michelle.klobas@lockton.com
    +61 438 475 296

    Latest news and insights

    As the Federal Government sets the stage for sweeping reforms with the NDIS Amendment Bill 2024, disability service providers are set to face both opportunities and challenges. In this article, we examine the latest updates on NDIS reform as well as some of the key potential risk and insurance implications likely to be encountered by NDIS providers during the reform process. Stay informed and prepared for the journey ahead with our expert insights.Navigating NDIS reform: potential risk and insurance implications for NDIS providers

    The Victorian Workers' Compensation ‘Premium Freeze’: when a freeze is not a freeze

    Amidst the ongoing discourse surrounding Victoria’s WorkCover Scheme Modernisation Act, attention has been drawn to what has been termed a "premium freeze”. But what does this term really mean? And how will the so-called premium freeze actually impact Victorian employers? In this arrticle, we explore these questions and provides valuable insights into what Victorian employers can actually expect at their upcoming workers' compensation renewal.Amidst the ongoing discourse surrounding Victoria’s WorkCover Scheme Modernisation Act, attention has been drawn to what has been termed a "premium freeze”. But what does this term really mean? And how will the so-called premium freeze actually impact Victorian employers? In this arrticle, we explore these questions and provides valuable insights into what Victorian employers can actually expect at their upcoming workers' compensation renewal.

    Aged Care Wage Increases: Risk and Insurance Perspectives

    The Fair Work Commission's decision to increase wages for aged care workers by up 28.5 per cent to is set to have a significant impact on the sector. From mitigating risks to navigating insurance challenges, we explore what we consider to be some of the key potential risk and insurance implications of the wage increases for aged care providers. Discover why leveraging the wage increases as a catalyst for positive change could enable aged care providers to strategically position themselves for long-term success amidst the sector's challenging landscape.The Fair Work Commission's decision to increase wages for aged care workers by up 28.5 per cent to is set to have a significant impact on the sector. From mitigating risks to navigating insurance challenges, we explore what we consider to be some of the key potential risk and insurance implications of the wage increases for aged care providers. Discover why leveraging the wage increases as a catalyst for positive change could enable aged care providers to strategically position themselves for long-term success amidst the sector's challenging landscape.

    Dan Chapman rejoins Lockton’s Trade Credit, Surety and Political Risk team

    Mr. Chapman was one of the founding members of Lockton Australia in 2012 and returns to the business having spent the past seven years running the Credit Solutions team for Aon in Australia which saw a four-fold increase during his tenure. Mr. Chapman was one of the founding members of Lockton Australia in 2012 and returns to the business having spent the past seven years running the Credit Solutions team for Aon in Australia which saw a four-fold increase during his tenure.
    See all news and insights

    We're here to help

    Our People solutions team bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

    Talk to our team

    Lockton People Solutions FAQs

    Lockton believes every business maximizes their potential when their people maximize theirs. That’s why we help our clients make their business, and their people’s lives, better. We know employers need solutions that help balance attracting and retaining talent, manage costs and promote employee well-being. Lockton helps guide clients to people solutions that drive employee understanding, engagement and satisfaction; incorporate competitive total rewards and benefits packages; and manage and measure the effectiveness of your programs.

    We work with every client thinking about how we can best improve your employee experiences to drive engagement, understanding, satisfaction and productivity; design total rewards and benefits that increase perceived value and help attract and retain talent, while controlling costs; and help you make information-based decisions, measure and manage your programs, while driving a competitive business advantage amid an increasingly complex landscape.

    Lockton delivers a full suite of solutions in the following areas: employee experiences and engagement, total rewards and benefits, and management and measurement.

    Lockton is privately owned, which allows teams to prioritize client business. Our Associates are empowered to go above and beyond to help their clients succeed and the entrepreneurial culture at Lockton fosters data-driven solutions, solving problems faster and more efficiently.

    Lockton operates all over the globe through Lockton offices and a network of Lockton Global Partners.

    Click here (opens a new window) to go back to the People Solutions Homepage