We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Why Doesn't Every Employer Have a Phased Retirement Program?
- Authors
Hill, Tomeka M.
- Abstract
Phased retirement can be a good workforce planning tool. However, barriers make it virtually impossible to design any formal phased retirement programs that are compliant with current laws and regulations and workable for all companies within all industries. This article reviews two types of barriers. The first type is those arising from current laws and regulations, such as those applying to employee benefits, age discrimination, anticutback rules and nondiscrimination standards. The second type is issues within a company that impede implementation of formal phased retirement programs, such as the structure of jobs, the type of employees and the company organization. The author concludes that retail, financial services and health care industries are generally better suited for offering formal phased retirement arrangements than companies in other industries, and new regulations must replace current ones in order to provide employers with more flexibility in designing phased retirement programs.
- Publication
Benefits Quarterly, 2010, Vol 26, Issue 4, p29
- ISSN
8756-1263
- Publication type
Academic Journal