Americans are living longer, and may be finding themselves in the workforce past the traditional retirement age of 65. According to a study by Sun Life International, 27 percent of workers in the United States expect to work five years beyond the “new” retirement age of 67. Due to the shortage of qualified medical professionals, hospitals are doing their best to retain older workers. Offering part-time and flexible scheduling and allowing liberal leave of absence are two accommodations that often are made.
The realities of the current economic conditions, low investment returns and inadequate collection of savings by many Americans may make working in their mid-60s and beyond a necessity. In addition, many pre-retirees have said that they plan to continue to work in order to remain active while enjoying the personal satisfaction of making a contribution.
In response, institutions are casting their nets to retain and recruit this growing pool of eligible workers.
Employers also recognize that veteran workers are loyal to their organizations. After a lifetime of full-time work, pre-retirees often are more interested in part-time, or temporary work. The idea of less commitment to the job, not more, is more attractive at this stage of life. Younger workers seeking to “climb the ladder” can provide the “core” of the workforce, supplemented by the “ring” of those individuals preferring part-time employment.
Creativity in scheduling and technology can be utilized to reduce the physical and emotional demands of a position. Elimination of some of the physical or emotional stresses of a position, such as working in non-supervising roles, or by reducing the number of hours worked each day, can make continued employment possible.
An ideal situation for many workers seeking to “downsize” their jobs is temporary employment. This allows for “snow-birding” while also supplementing income. Licensed healthcare professionals such as RNs, PTs, OTs, and LPNs will find that their services are in great need by healthcare facilities. Many currently licensed nurses are approaching retirement age. The shortage of RNs will be heating up as these boomers seek to retire or work fewer hours. Med-Scribe, Inc. would welcome the opportunity to meet any licensed professional seeking to work “temp” until full retirement. We look forward to hearing from you!