Should I be Re-Engaging My Retired Workforce?

Should I be Re-Engaging My Retired Workforce?

In the last two years the?Great Resignation,?Great Reshuffle, and?Quiet Quitting?have been popular buzzwords for employers. But is another trend coming down the pike? What is The Great Un-Retirement? With a potential recession on the horizon, some retirees are considering a return to work. Here are some things you should know about re-engaging your retired workforce.?

Concerns over Rising Costs

One of the most significant driving factors for retired employees looking to return to the workplace is the concern over?rising costs. Inflation creating increased costs of goods and services means retirement spending may not stretch as far as it did even a few years ago. Housing costs and other factors are also a concern, which means retired individuals are considering returning to work.?

Addressing Staffing Shortages

The last two years have seen the fallout from the pandemic and the resulting Great Resignation. There are still more open jobs than workers to fill them, and that has led to more flexible hiring standards that companies would perfect. Your retired workforce considering a return to the job market can be an excellent resource for addressing your staffing shortages. Be sure to maintain contact with former employees, so the door is open when they're making that decision.?

Benefits for Older Workers

If you engage with workers considering unretirement, there must be something for them. Older workers are looking for different benefits than their younger counterparts. Benefits include:?

  • Flexible or part-time work
  • In-office work for increased interpersonal communications
  • Flexible spending accounts and health savings accounts

Increased Flexibility

Along with other benefits for older workers, your unretired workforce will need additional flexibility in the workplace. They will have different personal needs than younger workers. It's unrealistic to expect that retired workers returning to the workforce can pick up where they left off. Increased flexibility for time off, appointments, or other schedule changes will be necessary to keep them engaged.?

If you need help finding your missing piece this year, get in touch with our team at?Frontline Source Group!


LESSONS FROM A VISIONARY ENTREPRENEUR

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On the latest episode of “People. Process. Service.” co-hosts Bill Kasko and Tyler Kern were joined once again by?Michael Gorton, the founder of?Teladoc?and serial entrepreneur. The group talked about how the world has changed since the last time they spoke, the importance of telemedicine, and what the future holds for entrepreneurs.?

Michael Gorton was the last guest on the podcast before the COVID-19 pandemic shut down the world in 2020. As the founder of Teladoc, he was able to see the impact that his work had on the world during a time of tremendous need.

He went on to explain that his current venture,?Recuro Health, is exploring how to turn healthcare on its head from being reactive to being proactive. Gorton compared the future of healthcare as similar to a gas gauge on a car, using data and measurements to proactively alert you when there is a problem.?

Check out the full episode for more of Michael Gorton’s insights and subscribe to the podcast on?Apple?or?Spotify?to stay up to date with the latest episodes!?


THE RONNIE HORTON LEGACY GROCERY SCHOLARSHIP

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Bill Kasko and Mike Cook were both hired by Ronnie Horton when they were in high school. Their careers took very different paths before merging once again. Bill founded Frontline Source Group, one of the fastest-growing executive search placement firms in the nation. Mike followed Ronnie’s lead and stayed at Brookshire’s for 32 years before joining Bill at Frontline as the Executive Grocery Retail Recruiter. The men reminisced over the impact that Ronnie had on their lives, with Bill recognizing that one of the keys to his success was following the example that Ronnie had set for him. “I would sometimes wonder what I was doing right other companies weren’t, and then I realized I was just following Mr. Horton’s lead,” Kasko said.

The two men agreed to set up a scholarship to honor Ronnie Horton’s legacy and carry on his work of helping people become the best that they can be. “We were able to secure a scholarship to help in sending two individuals to college in his name,” said Kasko. “Now we can announce the Ronnie Horton Legacy Scholarship to the world.”?

With the support of the NGA (National Grocers Association) Foundation, this scholarship fund for young grocery professionals will ensure that Ronnie Horton’s legacy and lessons will endure. As part of the application process, applicants are required to write an essay about a person who inspires them, much as Horton remains an inspiration to the many employees and customers whose lives he touched.

Click here to learn more about the scholarship and how to apply for the 2023 Ronnie Horton Legacy Grocery Scholarship.


FRONTLINE'S HOT JOBS OF THE WEEK

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Administrative Assistant

Amazing opportunity for an Administrative Assistant who wants to learn and grow in their career as they support a team of four people in a growing Private Equity firm in Fort Worth, TX on a direct hire basis! In this role, you will provide administrative assistance to the Executive Assistant, as well as provide occasional support to the two owners. You will need to be able to problem solve and complete responsibilities without requiring much aid or guidance. The Administrative Assistant will buzz in guests and receive deliveries at the front door, as well as other administrative duties.?

Accounts Receivable Analyst

Frontline's client in Lewisville, TX is seeking an Accounts Receivable Analyst on a direct hire basis. In this role, you will support all aspects of the accounts receivable function to assist in reducing the total past-due accounts receivable balances. You will provide customer information to branch leaders, as well as compile and share reports with the branch leaders, analyzing the AR balances of customers for the branches.

Payroll Coordinator

Our client in Fort Worth, TX has an immediate need for a?Payroll Coordinator?on a Direct Hire basis. The Payroll Coordinator will report to the Payroll Supervisor and work with other members of the payroll and accounting team for distribution of accurate multi-state payroll and expense reimbursements. The Payroll Coordinator will handle employee records containing personal information that is to be kept confidential.

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