We transform the treatment and engagement of an aging workforce
It is a longstanding habit of employers to treat workers 55 and older as approaching a “sell-by” date. In times of severe retrenchment and cost-cutting, longer tenured and higher salaried employees offer tempting targets. The fact that more mature employees possess valuable and hard-to-replace organizational knowledge is not often part of the equation. Post-COVID such assets will be unusually valuable in rebuilding the economy. While surveys show that up to 60% of 55-year olds would like to continue working and ease into retirement, only 5% of employers offer formal phased and partial retirement programs. We pioneered the mutually respectful phased retirement systems that add value and challenge age discrimination, putting to rest employer, employee and manager implementation concerns.