Many accounting firms and their clients are going to continue facing staffing shortages, so a great deal of attention will be paid on attracting and retaining talent. The focus so far has been primarily on entry-level and more senior staff with a few years’ experience. I believe that more firms and businesses will soon also be paying increased attention to retiring and soon-to be-retiring individuals.

Confirming this are results from a recent survey by Hewitt Associates of more than 140 midsize and large employers that revealed that 61 percent have developed or will develop special programs to retain targeted, near-retirement employees. Although just one-in-five (21 percent) believe that phased retirement is critical to their company’s human resources strategy today, that number nearly triples (61 percent) when employers look ahead five years. 

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