Corporate Retirement

Inspiring Engagement and Performance .... throughout the transition to retirement

Our Retirement Options programs help people and organisations to transition into retirement and can be a part of a workforce planning strategy and as an employee value propostion.

The key to planning and managing an ageing workforce lies in understanding the intentions of the individual.

The increasing longevity of Australians and the economy's need for skilled workers means that more people are working beyond the traditional retirement age of 65 years. Older workers increasingly have delayed their retirement plans as they face an uncertain future with the devaluation of their super funds. This is, and will continue to have an impact on older workers as some are concerned about their capacity to meet the demands of their job. Increasing work intensity with often less resources is causing stress and burn-out to workers across ages, especially older workers. Others are concerned about the future while some have already 'retired at work' through an attitude of resignation.

As the green shoots of an economic recovery begin to emerge so will the urgency of an ageing workforce and skills shortages return. Natalie Jackson, associate professor in demography and co-author of the 2006 Australian Survey of Retirement Attitudes and Motivations at the University of Tasmania, states that "Ensuring health and safety - including pyschological wellbeing - of an older workforce is vital". Their survey found there was a high level of concern among those surveyed in maintaining health and fitness levels towards the end of their careers. Their research also found that of the 2,501 baby boomers interviewed, only 9% has spoken to their supervisor or employer about retirement.

Organisations need to find a way to implement conversation and formal discussions about retirement plans, intentions and possibilities with their employees from 45 + so they can begin to get accurate information about their older workers needs and intentions.

Our retirement options programs assist in gaining information about employees intentions, concerns, options and possibilities enabling an oranisation to also provide a range of options for employees to consider and plan toward.

Case Study File:

Former CEO of Mitsubishi, Tom Philips is reported saying his time management skills weren't what he thought they were. He had become so absorbed in other work that he found he wasn't doing the things he really longed to do in his retirement and wished he had planned his lifestyle before retiring.

Sue: In her early 60's and has been working in her current job for fifteen years: "I'm afraid to retire or even think about it. I'm alone now and work provides a reason to get out of bed as well as a social life. I'm scared of being lonely and not having anything meaningful to do".

Ted: "I've had a great life working on the land and looked forward to retirement. Though now I've been retired just three months, I feel ...... useless".

The LifeShift Program is a comprehensive transition to retirement planning program which assists organisations in helping their staff to transition with esteem and confidence.

LifeShift Program Overview ....CLICK HERE

As an employee value proposition it falls under health and wellness. It activates participants' thinking about ransitioning to retirement and expanding their options. It provides opportunities to develop specific action plans. An employee who works in a culture where management acknowledges them and assists them in better planning a strategy for their career and life stage they are of course going to be more engaged and productive at work.

All our coaches are accredited coaches with the International Coaching Federation and have an extensive background in Executive and Retirement Transition Coaching.  Professional coaches make a significant difference in people's lives.

• Personal retirement planning profiling (RSP)
• One to one coaching sessions
• Coaching packages
• Planning sessions
• Speaking engagements
• Employee surveys
• Seminars / workshops

What is the RSP - Retirement Success Profile?

The Retirement Success Profile (RSP) is an internationally accredited on-line assessment that measures 15 retirement success factors. Your personal profile is compiled from your responses and provides you with accurate data so you can plan ahead. It compares individual present behaviour scores to your own retirement expectation scores. The results give an accurate and comprehensive picture of accomplishments and possible challenges that might require more attention on your part for you to transition smoothly through this career/life stage change.

The RSP was 10 years in the research phase alone before it was released for public distribution and has taken years to develop and perfect. The RSP has had three major field testings and revisions and now has proven itself an invaluable planning tool for people addressing career and life stage change.

The life stage we still call 'Retirement' is a dramatic lifestyle change for most people and those people who are not prepared for it often fall iinto the trap thinking its all about financial planning and holiday planning. Many people are not aware of the issues that are likely to confront them once the 12 - 18 month honeymoon period is over.

The baby boomer generation is facing a dramatic lifestyle change upon reaching retirement. The biggest issue is how to handle change such as new working relationships, personal relationship changes, and how to handle, effectively, a whole new life.  Therefore the RSP covers 15 critical success factors for retirement.

This careere/life stage can bring great opportunities and possibilities with the change.