4 reasons leaders are calling it quits on retirement and why that’s a good thing
Many of us work very hard with the idea that someday we will retire and enjoy the rest of our lives traveling and taking care of ourselves. The truth is that for a lot of people nowadays are shifting their focus towards working even more, as a way to take better care of their families and fulfill their needs. In fact, more than 1.5 million retirees got back to the job market over the past year alone. Why is that? Let’s find out.
Work gives a sense of purpose
Many managers that retired chose to come back because work gives them a sense of purpose. They have the life balance they want, be productive, and help other people if possible. They want to make an impact, and hiring others, improving the company culture are things they can help with. In addition, they can also bring their perspective and expertise to deliver fresh, amazing results.
Experienced professionals are in high demand
The Great Resignation took place during the pandemic and at that time more than 4 million people quit their jobs. However, that also meant people with a lot of experience were and still are in very high demand. A CEO or manager with lots of experience are sought after, and they are receiving a much better paycheck than before. Which is why some leaders are contemplating with the idea of coming back to work.
The opportunity to learn new things
There are lots of leaders that thrive from learning and adapting, so retirement doesn’t really fit them. Instead, they choose to come back in order to enhance their knowledge and focus on learning new things. Not only that, but they also get to use their experience as a way to help others, which is extremely important.
Offering a different perspective
Companies appreciate and even rely on the experience of older professionals. They have a lot of expertise, knowledge, and ideas that many other people do not. That is why it’s extremely important to bring back retired professionals. In fact, many of them just do not think about retiring and continue to work over and over. It helps immensely because you still feel that there is so much more you can offer, regardless of your age. And that alone encourages professionals to not retire, and instead they continue working in the long run.
Conclusion
As you can see, many different managers and people in leadership positions do not want to retire anymore. They want to continue working, sharing their knowledge and providing a different perspective. Many of them thrive from learning and adapting to the market and dealing with challenges, so the idea of continuing their work and not retiring is very appealing to that. Which is why there is a shift in the company culture these days, with lots of people not focusing on retirement anymore. It goes to show that the society is indeed changing and many people will certainly continue to work well past their retirement date!
We would love to hear your comments. Please contact us today!
Gary Brunson
gary@myclearfocus.com
Debra Rider
debra@myclearfocus.com
574.361.2674
Sustainable Growth & Profit Consultant, Coach, Mentor and Counselor/Therapist for Business Owners and Professionals.
All articles, quotes, and material in this newsletter are copyrighted by our associate Gary Sorrell, Sorrell Associates, LLC ©. No part can be reproduced in any form without specific written consent. All rights reserved worldwide. Thank you!