It’s Not About the Money!

While it is true that some retirees need to work as they are struggling financially, many return to some kind of work as they need to feel useful and would like to pass on their knowledge and experience to the younger generation.

There is a wealth of knowledge in our retirees and it is poorly utilized by businesses and organizations. Many have ‘been there, done that’ and that knowledge and experience can’t be found in textbooks.

We are living in a time when up to four or five generations can be working together.  From an organizational perspective, this requires leaders and mentors, not managers.

These retirees are not wanting to take over the business, they simply want to pass on their expertise and experience and feel useful in the process.  Most are very interested in learning from the younger generation as well.  Mentorship goes both ways.  The young workers have a knowledge of technology to pass on to the older worker.

Organizations have flattened over the years, losing middle management and, for many organizations, valuable knowledge and experience about the industry.  One way of gaining part of that back is to employ the retirees who have the experience.

The retirees have a good work ethic and, contrary to popular belief, take less sick time away from the job.  Many are content with part-time or contract work which may suit your particular organization.  The snowbirds don’t want to work in the winter so they will be available when your other staff are off on holidays the rest of the year.

Do your business and yourself a favour and the next time you are looking for an employee, consider a mature worker!

As always, feel free to share this post giving credit to the author.







About laurencerumming

Background in business management, in particular human resources. Business Management Certificate, Certified in Myers-Briggs Type Indicator®, and Strong Interest Inventory®. "Our passion is to raise the potential of organizations and individuals through the understanding of human interaction in the workplace and in life."
This entry was posted in Believe and Succeed Life Coaching, Business Coaching, Business Planning, Coaching, Communication, Diversity, Elephant in the Room, Elephants, Employees, Employment, Entrepreneurs, Leadership, Life coaching, Older Worker, Retirement and tagged , , , , , , , , , , , , , , , . Bookmark the permalink.

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