This study analyzed how managers encourage the retention of retirement age workers beyond the traditional retirement age. In an effort to avoid the shortage of experienced workers, managers must develop retention strategies that are beneficial to their company and accommodate retirement age workers. The purpose of this study was to gain a broad perspective of the driving forces that encourage retirement age workers to delay retirement. This study documented the experiences and different perspectives of both managers and retirement age workers at or nearing retirement age. This study used a phenomenological methodology to explore questions related to retirement age workers and retirement. Thirty interview questions were used to retrieve data from eighteen respondents. Data were collected from fifteen retirement age workers at or nearing retirement age and three managers that supervise retirement age workers from three different organizations. Eleven respondents were female and seven respondents were male. Different reasons are acknowledged as to why some retirement age workers remain active in the work environment past the traditional retirement age. The study found that more companies are employing part-time workers rather than employing fulltime workers. This trend could possibly be beneficial for both retirement age workers and management. The study also found that retirement age workers with retirement options such as phased retirement, flexible work hours, and manager’s support of continuous training, were more likely to delay retirement. This study was unable to link retirement age workers employed past the traditional retirement age solely to the encouragement of their managers; therefore, continued research is recommended concerning the retirement of workers who continue to work beyond the traditional age of retirement.
|School Location:||United States -- Arizona|
|Source:||DAI-A 78/08(E), Dissertation Abstracts International|
|Subjects:||Educational leadership, Management|
|Keywords:||Baby Boomers, Older workers, Retirement age, Worker retention|
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