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Author Question: What is phased retirement? How does phased retirement benefit both employees and employers? What ... (Read 96 times)

laurencescou

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on: Jul 6, 2018
What is phased retirement? How does phased retirement benefit both employees and employers?
 
  What will be an ideal response?

Question 2

Phased retirement allows employees to transition from full-time work to retirement in steps rather than all at one time.
 
  Indicate whether this statement is true or false.


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matt

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Reply #1 on: Jul 6, 2018
Answer to Question 1

Answer: Phased retirement is any arrangement that allows people to move from full-time work to retirement in steps. A benefit of phased retirement is that it permits a company to reduce labor costs without hurting morale. It also lets an organization hold on to its experienced workers so they can share their knowledge with a less experienced workforce. A recent study found that retirees who transition from full-time work into a temporary or part-time job experience fewer major diseases and are able to function better day-to-day than people who stop working altogether.

Answer to Question 2

Answer: TRUE


laurencescou

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Reply 2 on: Jul 6, 2018
Thanks for the timely response, appreciate it

Liddy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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