Flexible Work Schedules Appeal to Boomers
Thinking you’d like to continue working in retirement? But with fewer hours? Do flexible work schedules sound appealing? Others agree that staying with their current employer and working reduced hours could be the perfect transition to retirement.
Wouldn’t it be great to have some time for a volunteer activity? To have more time to take care of family members or personal needs? Impossible to imagine in the “old school” world of work. Flexible work schedules are now getting more attention. Because employers are looking for ways to keep employees.
I recently attended a meeting on HR trends. We discussed a survey by The Society of Human Resources (SHRM.) It asked HR executives to name the “Challenges Facing HR Over the Next 10 Years.” The top answer was retaining and rewarding the best employees. And the best way to do this? HR execs gave flexible work arrangements the most votes.
It’s important that HR leaders see flexibility is important to their workforce. To stay innovative and competitive in the workplace requires world-class employees. Therefore, if the best and brightest are looking for flexibility, smart companies will offer it. Flexible work arrangements (i.e. part-time/reduced hours, compressed work weeks, job sharing, staggered schedules) are universally appealing to all age groups. Having more scheduling choices will be a win for all.
So, for Baby Boomers looking to cut back their work hours, this information is positive. Re-imagine yourself doing you already know and enjoy. But just spending less time at it. Retaining experienced workers becomes more of a concern. Companies look for ways to replace retiring workers in hard-to-fill positions. Some of these are fields such as health care, technology, engineering and manufacturing. Keeping workers employed longer even with reduced hours, is a win. As a result, companies benefit as well as their employees.
Companies are always in the market for the best employees. So, no matter what the generation is, they are looking for a more flexible work schedule.
The Millennials or Gen Y want to make their own schedules. They have grown-up customizing everything else in their lives. They expect work to be the same. Gen X often needs time to meet family needs. Boomers look at reducing their hours as a way to move to retirement.
Overall, flexible work schedules will better engage the workforce. As a result, that means happier employees. It’s a change worth wishing for that is long overdue.
Would you change your plans for retirement if you could work a more flexible schedule?
Like the idea retiring but still doing some work? You can find more ideas for designing the perfect retirement at Retirement Style.