The looming labour shortage based on when baby boomers start retiring is resulting in employers seeking to retain older employees.Mel's organization is experiencing this issue.One program to support this issue is

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Phased retirement would be the best choice as it allows older employees to gradually transition into retirement while still remaining in the workforce. This allows the organization to retain their experience and knowledge while also giving the employees the flexibility to transition into retirement at their own pace. Other options such as RRSPs or pension plans may provide financial support for retirement but do not address the issue of retaining older employees in the workforce.

The Looming Labour Shortage Based on When Baby Boomers Start