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Managerial Skills #2: Offering Retirees a Soft-landing

June 7, 2007 By Nagesh Belludi Leave a Comment

Offering retirees a soft-landing

“Retired is being twice tired, I’ve thought.
First tired of working, then tired of not.”
– Richard Armour (American poet)

Retiring is a significant transitional event in one’s life. Retirement is ideally a happy stage of one’s life–an opportunity to relax and lead a peaceful life after decades of hard work. Yet, retirement can be stressful for numerous reasons: not being financially well prepared, failing health, the prospect of not being around people, or, missing work.

Retirement can be stressful for numerous reasons Managers can reduce retirement stress by offering retirees a soft-landing. As an alternative to cutting responsibilities abruptly, a prudent manager can allow a near-retiree to work for fewer hours and gradually handover responsibilities to successors. Part-time work can also help near-retirees to discover interests and activities they can retire to.

Consider the flexibility that your organization can allow. Encourage the retiree to contemplate various options you can offer. Do not impose any plan—the retiree will support any arrangement he/she helped establish.

A soft-landing will help retirees brace themselves for the substantial changes in lifestyle following retirement.

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Filed Under: Managing People Tagged With: Great Manager

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About: Nagesh Belludi [hire] is a St. Petersburg, Florida-based freethinker, investor, and leadership coach. He specializes in helping executives and companies ensure that the overall quality of their decision-making benefits isn’t compromised by a lack of a big-picture understanding.

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