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A new paradigm for older workers

from By Michael J. Berens

Results of a recent Gallup study show that large numbers of baby boomers plan to continue working well past the current average retirement age of 61 and even the traditional retirement age of 65. This is both good news and bad news for organizational leaders: good because older workers are valuable employees, bad because many organizations don't know what to do with older workers as they seek to increase opportunities for talented younger employees. Traditionally, retirement has been a mechanism for turning over the labor pool. But for many baby boomer workers, retirement is not the enticing prospect it once was. more

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