Phased Retirement: A strategic approach to an ageing workforce

Fidelity research shows that more people are deciding to retire later than they originally planned, contributing to an increasingly ageing workforce.

To understand this from a benefits perspective, we explored how employees globally are feeling about phased retirement and asked employees whether it is an important feature for staying in their current job.

The Fidelity Global Sentiment Survey shows that many people do feel that phased retirement is an important workplace benefit.

But those who are closer to retirement age are least satisfied, with three in seven employees over the age of 55 saying they are dissatisfied with this feature in their current job.

Understanding why employees are planning to retire later may help employers to tailor benefit strategies and utilise phased retirement as a tool to support this segment of their workforce while meeting their talent related goals.

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