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Other innovations include programs such as phased retirement that allow workers to reduce their hours without significantly cutting their pay, catch-up contributions for retirement plans, flexible jos scheduling and child jos care for older workers looking after grandchildren, she said. Seventy-eight companies applied to make the list, and hundreds more downloaded the application but never sent jos it in -- perhaps as a benchmarking tool to gauge their policies and practices, Russell said. Baby boomers tell AARP their top two reasons for remaining in the work force are money and access to health insurance, she said. Employers are just beginning to realize more older workers will be available in the future, and many firms will need them to offset labor shortages, especially in health care where nursing and other specialties are struggling with staffing already, Russell said.
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