There is a new trend taking workers over the age of 50 by storm and sadly it is not a new found love of pickleball. Just when older workers think they have life all sorted out – along comes the rise of the ‘grey divorce’.
It appears that some older couples are choosing to end their marriages and enter into a new phase of life that requires support, flexibility and empathy from their employers. Let’s be honest, divorce over 50 is not on anyone's bingo card, yet it is becoming increasingly prevalent impacting work performance, mental health and financial security.
You may not have heard the term before, but ‘grey divorce’ refers to the dissolution of marriages among older adults, typically those aged 50 and above. This trend has been on the rise, with divorce rates among this age group more than doubling since 1990. In fact, one in four divorces falls into this category. It appears that instead of planning a shared retirement or an exciting river cruise – many older Australians are heading to the divorce court and changing societal norms.
The question on everyone’s lips is why is this happening? Why are our baby boomers and Gen X’s not living the perceived ‘happily ever after’? Well, research indicates that there are four clear reasons that contribute to the grey divorce.
It may seem like a personal problem, but it is unwise for employers to view this phenomenon as something that their employees should deal with in their own time. Just like other key life events, it will require support, flexibility and understanding. Here are six ways employers can step up and be there when it counts.
There is no question that the grey divorce can have a profound impact on an employee's work performance. The emotional and psychological stress of divorce can lead to decreased concentration, lower productivity, and increased absenteeism. Employees may also experience physical health issues, such as insomnia or anxiety, which can further affect their job performance.
Additionally, the financial strain of divorce can cause significant stress, potentially leading to presenteeism, where employees are physically present but mentally distracted. It is important for employers to remember that divorce usually carries a lot of grief and workers would prefer not to be under the strain of divorce. However, understanding these potential impacts can help employers provide the necessary support to mitigate these effects, ensure the wellbeing of workers and maintain a productive work environment.
The grey divorce may be a common and well-travelled road, but it is a journey that no one wants to find themselves on. It can be financially and emotionally crippling, challenging workers in a way that they never anticipated. For some, there is shame and sadness and for others there is frustration and angst. Either way, this life transition is going to be a hurdle to the day-to-day work life of the employee.
This generates an opportunity for employers to step up and show up by providing the support, flexibility and adjustments needed to navigate this difficult period. Sure, this may prove challenging in the short term, but no storm lasts forever and when the sun begins to once again shine, employees will be fiercely loyal and grateful to the employer that had the patience to walk beside them.
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Georgina is the Senior HR Content Editor – Publications at the Ai Group. With over 25 years of experience in human resources and leadership, she has demonstrated her expertise across a diverse range of industries, including financial services, tourism, travel, government, agriculture and HR advisory. She is also an accomplished writer and editor, known for creating high-quality, engaging content that educates and informs. Her writing includes a variety of formats, such as blogs, articles, policies, templates and guides.