7 ways to engage retired and alumni employees as contractors
By Jay Lash
They have dedicated their career to your organization, so it’s time for newly retirees to dust off those golf clubs and move down to Florida—right? Not so fast. Managers in critical departments are finding that the legacy knowledge and functions held by these senior workers aren’t easily replaced by the upcoming workforce. Some industries, especially oil/gas, utilities, state governments, and financial institutions, are even struggling to find suitable employees to be trained and have critical knowledge transfer sessions with soon-to- retiree baby boomers. It’s an alarming trend, and many HR professionals are not aware of how often their alumni will need to return to the organization as contractors.