The Pros and Cons of Phased Retirement Options
Not what you're looking for?
Please be advice that this is only a discussion not an assignment or a test. I have attached the requirement document for the question below. Thanks
Phased Retirement Options
Analyze the three retirement options you prepared according to the skill builder instructions and make your recommendation to the company about which to implement.
Create a project timeline that allows for the implementation to occur.
Purchase this Solution
Solution Summary
This solution addresses the pros and cons of three individually designed phased retirement options. This is done from an employers perspective based on costs, benefits other pros and cons to include feasibility of acquiring the needed employees.
Solution Preview
Option One-Hourly Paid Consultant/Independent Contractor (while getting full pension and employee retired medical)
Advantages/benefits to company
Advantages/benefits to Employee
1. Easy to structure 1. Can plan ahead when not needed
2. Easy to Plan 2. Allows for extra income
3. Less taxes if hired as a consultant/independent contractor 3. Allows for social network to continue
Disadvantages/costs Disadvantages/Costs
1. Must pay out full pension 1. Not always working
2. Must pay ...
Purchase this Solution
Free BrainMass Quizzes
Introduction to Finance
This quiz test introductory finance topics.
Motivation
This tests some key elements of major motivation theories.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking