Comments on: How can HR make the most of the ‘Great Unretirement’? https://www.hrmonline.com.au/section/featured/hr-make-the-most-of-great-unretirement/ Your HR news site Tue, 15 Aug 2023 23:42:45 +0000 hourly 1 https://wordpress.org/?v=6.5.5 By: Douglas G https://www.hrmonline.com.au/section/featured/hr-make-the-most-of-great-unretirement/#comment-123070 Tue, 15 Aug 2023 23:42:45 +0000 https://www.hrmonline.com.au/?p=14168#comment-123070 In reply to Janine A.

Hi Janine, I fully concur with your views, the Taxation system needs to review its approach for older workers. Many senior workers find that maintaining some level of routine by continuing working is beneficial to their health. Many have worked in excess of 40 or 50 years and the transition into retirement can be difficult to adapt to no daily routine. A better-balanced taxation system would allow for those older workers to continue, to not only work longer, but for organisations to tap into the tacit knowledge that many older workers have accumulated and be of value for mentoring those less experienced.

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By: Janine A https://www.hrmonline.com.au/section/featured/hr-make-the-most-of-great-unretirement/#comment-122707 Mon, 27 Mar 2023 23:04:46 +0000 https://www.hrmonline.com.au/?p=14168#comment-122707 In reply to Private.

Dear Private, would you be asking a young woman whether she really doesn’t want to have children? As an HR Manager interviewees know how to present, and what happens 4 months later, 7 months later? A better offer, a pregnancy, family transfers… You would be breaching FWA and discrimminating if you made a point of discussing retirement with a potential candidate.

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By: Janine A https://www.hrmonline.com.au/section/featured/hr-make-the-most-of-great-unretirement/#comment-122706 Mon, 27 Mar 2023 23:00:35 +0000 https://www.hrmonline.com.au/?p=14168#comment-122706 This is wonderful news. It will benefit everyone. But I can see a huge problem and the root cause is the Taxation system and Welfare policy we are burdened with and which prevents seniors to choose employment stress-free and without financial encumbrance: we should adopt NZ’s policy and stop with the limiting of income earning when on a pension. What we have is outdated and ludicrous and does not benefit the tax coffers or the individual, organizations or the community. The sooner this gets straightened out, the more clever, experienced, seniors will be able to work, and mentor younger people and vice versa. And more money and talent circulating in Australia. As for flexibility, everyone needs flexibility.

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By: Eric Cooper https://www.hrmonline.com.au/section/featured/hr-make-the-most-of-great-unretirement/#comment-122705 Mon, 27 Mar 2023 21:44:44 +0000 https://www.hrmonline.com.au/?p=14168#comment-122705 For many I think, after years of creating skills to remain employed and to stay ahead of the game so employers kept you as a valued asset, it is hard for what are very busy and capable people not to contribute anymore. In old societies the elderly were the wise ones, the sage, the teacher, the expert artisan, huntsman or farmer. They come with lived experience and are pretty good mentors to less those travelled. Many pensioners can’t work or earn very much as it impacts their pension. If self -funded retirees, a bit of extra cash is good but can also impact income tax. If the government can help in this regard and organisations can carve out specific jobs for the older worker I think its a gold mine of talent.

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By: Private https://www.hrmonline.com.au/section/featured/hr-make-the-most-of-great-unretirement/#comment-122703 Mon, 27 Mar 2023 08:59:44 +0000 https://www.hrmonline.com.au/?p=14168#comment-122703 Just make sure in writing and formally that they really don’t want to be retired!
Maybe in separate circumstances they should different comments.

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