company but they can't do that if they are no longer employed in some capacity by their respective firm. What the forward thinkers of today's companies are trying to do is lure these valuable assets into staying in the work force. In order to do that, human resource departments must be very flexible with their offers. Some companies are offering what they refer to as "dream jobs" to their execs who are considering retirement. What a "dream job" consists of is the opportunity for the 'would be retiree' to work in whatever location and department of the corporation they prefer, doing what they choose to do. They also are able to work part time verses full time. This gives the person a new job and a fresh outlook on work, which can be extremely beneficial to the individual while it also allows the company to hold on to a key player in their organization. Employers are being forced to offer options similar to this because if they are not available where a person is currently employed, they will choose an early retirement and seek more flexible working conditions elsewhere. There are many companies willing to be more flexible and understanding to the older executive's wants and needs in order to take advantage of their years of knowledge and experience. Placing this category of employee in a position to guide and advise the management of tomorrow, forming a stronger base and filling in some of the gaps formed as people retire is very smart strategy.One example of how companies are handling the situation is utilizing their aging managers as consultants. Chevron became aware of the problem three years ago and this is an example of how they have handled it. One of their well-respected executive chemical engineers, Jesse Krider announced his retirement from Chevron but he now works as a consultant overseas. This enables Chevron to hold on to his 30 plus years of expertise and allows Krider to see the world doing something he enjoys. ...
