Remove Health Remove Report Remove Retirement
article thumbnail

Two-Thirds Of Japanese Companies Struggling As Aging Workforce Drives Labor Crisis

Allwork

Nearly a third of respondents to the Reuters survey said the labor shortage is worsening, with only 4% reporting improvements and 56% saying the situation is neither getting better nor worse. The survey was conducted by Nikkei Research for Reuters from Dec. in December from a year earlier. That was an acceleration from a 2.2%

article thumbnail

Is Retirement Now A Myth?

Allwork

This also points to signs indicating that older workers are both returning to the workforce and prolonging retirement. Recent findings from the Employee Benefit Research Institute (EBRI) reveals labor force participation rates for aged 65 and older rose from 23% in 2000 to 29.5% appeared first on Allwork.Space.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Five Ways Managers Can Drive Well-Being at Work

Success

Though the pandemic has pushed employers to focus on employee mental health and well-being, research shows that workers are struggling more than ever with burnout and stress in the workplace. 53% of employees are more likely to prioritize health and well-being over work than before the pandemic. Byham, Ph.D.,

article thumbnail

Older Americans are Choosing Work Over Retirement

Allwork

Instead of retiring, an increasing number of American’s are working — either reentering the workforce or pressing onward with their professional careers. Additionally, they are working more hours, with 62% reported to be engaged in full-time work. This demographic shift is impacting the dynamics of the workforce.

article thumbnail

After Visiting Over 20 Caribbean Locales, This Island Tops My List for Retirement

Success

As an avid traveler to the Caribbean, I hope to retire in the region one day, and my visit to Bonaire confirmed it as the best island in the Caribbean to retire to. Why more Americans are retiring out of the country I’m not alone in making plans to retire outside of the United States.

article thumbnail

Economic Uncertainty is Driving Baby Boomers Back to the Workforce

Allwork

sped-up their retirement plans due to layoffs, health concerns, and changing work attitudes — contributing to what was termed the “Great Retirement.” Rowe Price’s Retirement Saving & Spending Study, 20% of retirees continue to work full- or part-time, and 7% are actively job searching.

article thumbnail

Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. Employees suffering from financial stress are more likely to experience symptoms of depression, anxiety, and other mental health disorders. Here are some options: 1.Retirement