What Practices Can Help Retain These Mature Workers ( Veterans And Baby Boomers )?

2233 Words Nov 2nd, 2014 9 Pages
Discussion Questions

1. What practices will help retain these mature workers (Veterans and Baby Boomers)?
The Society for Human Resource Management article discusses the challenge many companies face of finding qualified workers and the importance of engaging and retaining mature workers to help meet that challenge. A recent Gallup poll found that Traditionalists and Baby Boomers are actually more engaged while at work than their younger counter-parts Gen x and Gen Y (Gallup, 2013). While their engagement percentage is higher, we shouldn’t get too encouraged by that; it is still a shockingly low number: 42% of Traditionalists and 32% of Baby Boomers (Gallup, 2013). That means the remaining 58% and 68% respectively could either decide to retire or could be adding more value.
Many mature employees would stay with their companies longer if there were more flexible retirement plans (Gibaldi, n.d.). These employees, especially Boomers, are still driven to contribute and offer their expertise, but also want time to spend with their families, pursue their interests, and travel (Gibaldi, n.d.). Most of those mature employees that want to continue to work, prefer to do so on a part-time basis (Tacchino, 2013). There are a variety of ways to allow “wisdom workers” to phase their retirement (Gornick, 2005):
• Allow them to work part-time hours;
• Reduce their work schedule from 5 days to 2 or 3;
• Hire them as contractors to assist on special projects;
• Limit their work…

More about What Practices Can Help Retain These Mature Workers ( Veterans And Baby Boomers )?

Open Document