How Will Retirees Re-entering the Workforce Affect Hiring?

A growing number of retirees are re-entering the workforce and going back to work. Some are making this decision to live a more fulfilling life in retirement and stay busy, while others seek a new career due to insufficient retirement savings.

As more retirees re-enter the workforce, Human Resources and hiring professionals need to adapt.

Top Effects of Retirees Re-entering the Workforce on Hiring

Nearly 26% of retirees later returned to work. This trend reflects the growing number of retirees who decide to come back, with a recent study showing that 34% of retirees have considered going back to work.

1. Reach Out To Older Workers

As retirees re-enter the workforce, some seek a position with their previous employer. With 90% of small businesses struggling to find qualified candidates for open positions, reaching out to workers who left to retire can be a great strategy to address your staffing needs.

These former employees will already be familiar with the workplace and could even be a good match for an Executive Search.

2. Offer a Flexible Workplace

You can attract retirees by offering a flexible workplace. Perks like a flexible schedule can help retirees find a healthy work-life balance, and benefits that reflect their changing health needs will also help you stand out. Focusing on workplace wellness programs can also result in a more positive environment for everyone.

3. Rethink the Way You Assess Skills

As retirees re-enter the workforce, hiring managers often find themselves unsure of how to assess their skills.

You can benefit from adopting a more flexible approach that will take a retiree’s extensive experience into consideration. You can also look for transferrable skills for skills that might seem obsolete.

4. Help Retirees Find a New Career

Many retirees left a job that simply disappeared. The employer might have outsourced their position or replaced them with an automated process.

You can make a difference by helping these retirees transition to a new career. You can launch a back-to-work program with some career search tools or by providing training.

Build a Better Recruitment Process With ConnectPoint Search Group

ConnectPoint Search Group can help you find the right candidates through search and staffing solutions. Check out our blog to learn more about our services! 


ConnectPoint Search Group
Sacramento Region’s Premier Boutique Search & Staffing Firm

 How Will Retirees Re-entering the Workforce Affect Hiring?