Why is this important to us?
Did you know 1/3 of the Canadian workforce is planning to retire in the next 10 years? That research shows 30% of this demographic will experience difficulty during the transition; with this number dramatically increasing to over 50% in the management and executive level ranks.
For many, retirement is no longer a period of rest and relaxation. It now stretches over 30 years, possibly starting with a career change or the evolution from full-time to part-time employment. For the baby boomer, especially with the abolition of the mandatory retirement age in Ontario last year, their life situation often necessitates such a paradigm shift.
This leaves employers at a crossroad: organizations need to implement programs designed to sustain, motivate and secure superior performance from senior knowledge workers. READ THIS ARTICLE They must also facilitate effective knowledge transfer from the old guard to the new - the 20 and 30 something employee - whose allegiance may rest more with themselves than with the company.
Life Ventures can guide your company in the right direction. Together, we can establish programs to ease the transition process and develop meaningful roles for senior knowledge workers.
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