Session 2C: Developing a Winning Strategy to
Address the Good, the Bad and the Wrinkled of Our
Aging Workforce
Moderator:
Anna M. Rappaport, FSA, MAAA
Presenters:
Mary Nell Billings
Sally Hass
Haig Nalbantian
Developing
D
l i a Winning
Wi i
Strategy
St t
to
t
Address the Good, the Bad and the
Wrinkled of Our Aging Workforce
Sally Hass
Sally Hass Consulting
Factors that influence Employers willingness to
adapt to an Aging Workforce







Adequacy of incoming talent to fill the pipeline
Age of the Company
Age of Leadership
Profitability of the Company
Rate of Growth/Expansion
Type
yp of Business
Culture and Values
2
1
Adaptive Solutions for an Aging Workforce







“Phased
Phased Retirement
Retirement” = Reduced Schedule
Flexible Schedule
Flexible Place
Benefit Eligibility Changes
Enhanced EAP for Elder Care Support
g
Time off for Care-Giving
Long-Term Care Insurance
3
Adaptive Solutions for an Aging Workforce
(continued)






Monetary Incentive
Training and Education
Change of Work Assignment
Mentoring and Knowledge Transfer
Sabbatical/Leave if Absence
Retiree Rehire or Job Bank Process
4
2