Close to 90 per cent of the organisations plan to engage their retiring workforce, revealed a TimesJobs.com study. Nearly 45 per cent of these organisations plan to offer them mentorship roles, 30 per cent are planning to employee them as consultants and 15 per cent are offering part-time/contractual jobs to this segment.
Retired but not tired
Randy Pausch in his book “The Last Lecture” said “Experience is the most important thing that anyone has to offer”, quotes Samit Jain, director, Pluss Polymers. He adds, “The retiring work force brings to the table a lot of wisdom which simply comes from experience. They can be great trainers and can mentor the younger generation to leap frog into higher roles, much earlier and with ease.”
“According to TimesJobs.com RecruiteX report, 35 per cent of the workforce is due to retire in the next 5–10 years in the Petrochemicals industry. There are others sectors also who will be witnessing this scenario. With talent shortage being one of the biggest concerns looming over India Inc, it is indeed a bright idea to engage the retiring workforce, since they are skilled and experienced.” explains Vivek Madhukar, COO, TimesJobs.com
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