THIS IS A WALL STREET JOURNAL WEEKEND FOCUS ON . . .

OPPORTUNITIES FOR RETIREES.

I’M______________. DETAILS IN A MOMENT.

EVEN IF YOU’RE HEADING OUT TO PASTURE, YOU DON’T HAVE TO STOP MAKING HAY. AS THE OF NUMBER RETIREMENT-AGE BABY-BOOMERS CONTINUES TO GROW, SO TOO DO THE OPPORTUNITIES FOR THOSE WHO WANT TO KEEP A HAND IN THE WORKPLACE.

IN A SURVEY OF EMPLOYERS BY THE CONSULTING FIRM WILLIAM M. MERCER, 59 PERCENT SAID THEY HAVE A POLICY ON RE-HIRING RETIREES. ONLY FOUR PERCENT SAID THEY WOULD NEVER RE-HIRE THEM. MOST OTHER EMPLOYERS, MEANWHILE, SAID THEY MIGHT BE WILLING TO PUT RETIREES BACK ON THE PAYROLL . . . USUALLY ON A PART-TIME OR TEMP BASIS, SOME EVEN FULL-TIME.

IT MIGHT MAKE YOU WONDER ABOUT THE COMPANIES THAT HAVEN’T THOUGHT ABOUT THE ISSUE ONE WAY OR THE OTHER. EXPERTS SAY MORE BUSINESSES SHOULD DEVELOP PLANS TO UTILIZE OLDER, EXPERIENCED WORKERS . . . ESPECIALLY WHEN NEW, QUALIFIED PEOPLE ARE HARD TO FIND.

BUT MORE EMPLOYERS ARE LEARNING . . . OFFERING INCENTIVES TO OLDER WORKERS, SUCH AS REDUCED HOURS, JOB SHARING, CONSULTING WORK AND TELECOMMUTING OPTIONS. AND MORE WORKERS ARE DISCOVERING THAT GETTING A GOLD WATCH DOESN’T MEAN YOU HAVE TO SIT BY WATCHING TIME TICK AWAY.

THIS HAS BEEN A WALL STREET JOURNAL WEEKEND FOCUS.

© 2010 Patrick J. O’Neill