article thumbnail

Retirement Realities Around The World: Exploring The Gap Between Official And Actual Retirement Ages

Allwork

The concept of retirement, often associated with rest and relaxation after years spent in the workforce, is being redefined across the globe. A recent exploration into demographics by Visual Capitalist delves into the retirement ages across 45 nations, revealing differences that have both economic and cultural underpinnings.

article thumbnail

Why It’s Time to Retire the Term “Hybrid Work”

Allwork

Research from Future Forum and conversations with industry experts are helping employers cut through the noise about hybrid work and think more strategically about supporting flexibility. . An awareness of where and when work is done forms the basis of a flexibility strategy with appropriate space, technology and policies in place. .

Insiders

Sign Up for our Newsletter

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

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

The Future Of Work Is Remote: Location Independence Now A Decisive Factor for Top Talent

Allwork

According to FlexJobs, these benefits include professional development opportunities (23%), company-sponsored health insurance (13%), and retirement-focused company contributions (10%). A smaller yet notable portion, 16%, said they would fully embrace the digital nomad lifestyle by working from multiple locations around the world.

Lifestyle 264
article thumbnail

Yet More on the Changing Nature of Retirement

Small Business Labs

We've covered the changing nature of retirement so often in our Baby Boomer section we feel like we're feeding a fed horse by covering it again. But it's an important trend and there continues to be a flurry of interesting articles on working in and/or delaying retirement. But that doesn't necessarily lead to happiness.

article thumbnail

Gen Z Will Rise as a New Powerhouse in 2024

Allwork

This trend could contribute to a rise in employees placing greater value on direct monetary compensation over traditional benefits like health insurance or retirement plans. In the tech industry, a notable change is the expected decline in equity compensation.

2024 264
article thumbnail

Is Japan’s Senior Workforce Surge A Glimpse Into The Future Of Global Employment?

Allwork

Japan’s aging workforce reveals the growing importance of adapting policy for an aging population. As life expectancies increase and the traditional concept of retirement dramatically changes , companies and economies must be prepared to accommodate a more diverse age range in the workforce.