Let’s Hang on to What We’ve Got: Flexible Work Options and the Retention of Older Workers in Australia

Abstract

Governments in most developed countries are encouraging older workers to remain at work so as to reduce both social security liabilities and labour shortages. Research shows that older workers view flexible work options, which includes phased retirement and returns to work (recalls) as casuals or on contract, as a major incentive for remaining in the work force. There is little evidence employers are making these work conditions widely available. However, one industry with a high proportion of older workers, Aged Care Facilities (nursing homes), is using flexible work options as a major part of its labour retention strategy. These practices could be adapted to other industries.