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Retain older employees by maintaining work flexibility

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in HR Management,Human Resources

Two-thirds of organizations responding to a new survey consider the potential loss of older worker talent over the coming six to 10 years, through retirement or other reasons, a “problem” or “potential problem.” Here’s what they’re doing about it:

Top 5 steps to retain and recruit older workers

  • Offered reduced hours or part-time jobs  48%
  • Hired retirees as consultants  40%
  • Instituted flexible schedules  37%
  • Redesigned jobs to ease transition to retirement  30%
  • Offered phased retirement  30%

Source: “HR and the Aging Workforce,” AARP/Society for Human Resource Management, November 2014

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