NOTEBOOK – ONE GOOD READ: Another kind of hybrid work consideration — phased retirement programs
Plenty of older workers have wished for something between full-bore work and retirement. Now, more companies seem to be giving them what they want, as this Wall Street Journal article details. Phased retirement programs — which allow workers nearing retirement age to cut back on their hours while keeping some pay and benefits — are growing in popularity. Human-resource executives say the pandemic has opened bosses to flexible work arrangements, while the fierce hiring market and higher-than-expected rate of retirements have motivated managers to find ways to retain older workers with key skills.
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