All research on older workers indicates that a significant number will choose to become free agents of one sort or another, some swelling the ranks of entrepreneurs 50 and older. But many who are retirement-eligible would prefer to remain in their jobs, renegotiating terms of employment with their current employers. Phased retirement and consulting gigs are among the many options most sought after, if employees could find a way to broach the subject without jeopardizing their positions.
As it happens, the more enlightened companies are willing to listen (see A Longer Goodbye). These employers know that talent shortages are not going away any time soon. This means they are much more amenable to new ideas on how to retain valuable employees of a certain age. Sounds like a win-win, provided there is frank and open dialogue on the subject.Â And a new bill before Congress now will certainly add some fuel to the discussion.
Regardless of which side of this question you find yourself, check out the Retention Connection, a collection of thoughtful articles on the subject from The Herman Group, “futurists specializing in workforce and worplace trends.” While you’re at it, you could sign up for the free Herman Trend Alerts, which arrives in my emailbox every week. There’s invariably a tip I find useful.