Employee Motivation: Effective Incentives Targeted at Keeping the Baby Boomers in the Workplace Beyond Normal Retirement Age

Date of Award

11-19-2009

Document Type

Undergraduate Capstone Project

Degree Name

Master of Professional Studies

Organizational Unit

University College, Strategic Human Resources

Disciplines

Human Resource Administration

First Advisor

Audrey Sevalt

Keywords

Effective incentives, Employee motivation, Baby boomers

Abstract

The impending mass retirement of the Baby Boom generation in the United States may cause a drastic talent drain. Companies should pay attention to this upcoming problem now to alleviate an exodus by encouraging Baby Boomers to continue working past their normal retirement age. One solution is to offer them effective incentives. The most compelling incentives for Baby Boomers are the ability to choose their own hours (how many hours they wish to work, and when they wish to work them), the ability to telecommute from wherever they choose, and the offer of extra health care benefits.

Publication Statement

Copyright is held by the author. Permanently suppressed.

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