Population and Workforce in the United States in the early Twenty-First Century 2
A Potential Future Workforce Shortage 4
Limited Action on Retaining and Rehiring Older Workers 7
The Continued Viability of the Social Security and Medicare Systems 9
The Shifting Nature of Retirement 9
Background and Context 20
Personal Factors 22
Organizational Factors 26
Lack of Continued Investment in the Human Capital of Older Workers 33
Public Policy Factors 42
Personal Factors 44
Organizational Workplace Factors 45
Organizational and Public Policy Factors 46
Need for Income 52
The Intrinsic Value of Work 53
Policies and Practices for Retaining and Recruiting Older Workers 54
Current Research on Older Persons, Older Workers and Retirement 58
Limitations of Current Research on Decision to Return to Work from Retirement 59
Need for Further Research 61
Research Approach 62
Rationale for the Choice of Research Method 63
Purposeful Sample 67
Criterion Sampling 67
Participant Stories 80
Context Themes 110
Constituent Themes 111
Reasons for Retiring 113
Reasons for Returning to Work 118
Barriers or Challenges to Returning to Work 126
Reasons to Work for This Organization or Do This Work 132
Reasons for Retiring 144
Reasons for Returning to Work 145
Barriers to Returning to Work 145
Reasons to work for This Organization or do This Type of Work 147
Some Findings were Consistent with Prior Research 150
Some Findings Diverged from Prior Research 161
Non-Monetary Factors as the Primary Attraction to Return to Work for Retirees 167
Use Employees within Your Company as Recruiters of Retirees 168
Plan to Train Retirees who need Skill Refreshment or New Skills for the Job 169
Retirees who formerly Supervised and Managed may No Longer wish to do so 169
Understand Gender Differences in Needs for Post-Retirement Employment 170
Gender Differences in Post-Retirement Employment Needs 171
The Move from Leader to Follower 172
Challenges of the Intergenerational Workplace 172
The Importance of Social Interaction in the Workplace 173
Work-Family Balance Issues for Retiree Employees 173