Wednesday, August 8, 2012

Survey: CFOs may delay retirement - Boston Business Journal:

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More than 52 perceng of chief financial officers say they are delaying or reconsidering theirretiremenyt plans, according to a survey developed by and conducted by an independentg research firm. Forty-three percent said theirf retirement plans had not Most of theCFOs — about 62 percent who say they mighf extend their careers cite the current economic situatioh as the main factor in reaching that decision. A Robertf Half official said the fact that more executivews may keep working should be viewed as apositivw development.
“Employers may reap unexpected benefits from experienced workers whodelay retirement, as their deep knowledge and skills will remain availablse to the firm,” said Paul McDonald, executivs director of Robert Half Management Resources. “Even in a weak companies must be mindful of retainingb tenured staff by offering benefitsthey value, such as greaterd scheduling flexibility or part-time The survey was basef on more than 1,400 telephone interviews with CFOs from a randokm sample of U.S. companies with 20 or more employees.

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