"If the delaying retirement trend becomes a reality, organizations will need to adapt their talent strategies and budgets to account for the unexpected retention of near-retirement employees," says Dick Kleinert, a principal with Deloitte Consulting LLP and co-director of the the 15th annual Top Five Total Rewards Priorities survey conducted by Deloitte and the International Society of Certified Employee Benefit Specialists (ISCEBS). The survey concluded almost half of human resource professionals now plan to delay their retirement.
That's not all. Almost half (45 percent) of chief financial officers are delaying or reconsidering their retirement plans, according to a recent poll by Robert Half Management Resources.