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What is Phased Retirement

Handbook of Research on Human Resources Strategies for the New Millennial Workforce
The working hours are reduced within the same job , and at the same employer.
Published in Chapter:
A Case of Phased Retirement in Sweden
Kristina Palm (Karolinska Institutet, Sweden)
DOI: 10.4018/978-1-5225-0948-6.ch018
Abstract
Gradual retirement has become more common, yet previous research has neglected to study managerial and organisational aspects of phased retirement. Based upon ten interviews, it was found that, when managed successfully, phased retirement is beneficial for both the individual and the organisation. The organisation can successfully transfer knowledge between employees, while the individuals enhance their well-being and obtain a better balance between work and leisure. However, in order for both the organisation and the individual to benefit from phased retirement, managerial action and planning is required.
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