“Unretirement” is making waves in the workplace because a number of retirees are now looking to work on their own terms. For some, that means working better hours as a part-time employee. Others are switching industries entirely and looking to try something new.
Every “unretirement” plan looks a little different. As you create your own plan, you should take into account the reasons why you’re returning to work and what type of work best fits your current lifestyle.
The "why" behind unretirement
In a recent survey, Joblist found that 60% of retired job seekers are returning to work primarily because they are “looking for something to do.” If this is your biggest motivation for returning to the workplace, then you have complete freedom to choose whatever job and working conditions you’d like — including trying something new.
On the other hand, if you’re part of the 27% of respondents returning to work because of financial concerns due to inflation or a low-performing stock market, you may want to consider your work options more carefully. It may be in your best interest to stay within the same industry from which you retired simply because that’s where most of your experience lies. Greater experience often means greater compensation.
You’ll also want to take into account the other benefits offered by potential employers. In this later stage of your career, certain benefits may be of greater value than others. Be sure to take all of it into consideration as you compare job opportunities with various employers so you can find the position with the greatest financial benefit.
There may be other, more personal reasons for why you’re choosing to return to work. Whatever that reason may be, use it as a guide to help you rule out positions or industries that won’t be able to meet your most important needs.
5 things to consider when going back to work
Understanding why you’re rejoining the workforce can help narrow down your list of potential industries, but there are a few other factors that can help you determine what type of job is best suited for you and your current lifestyle.
Here are five things you should consider before accepting an offer:
1. Physical Health & Ability
Some jobs are more physically demanding than others. Take an honest look at your current health and energy levels before committing to a job. It may even be worth discussing potential positions with your doctor to make sure you’re capable of meeting the physical demands of the job. No job is worth putting your physical health and well-being at risk.
2. Shift Length
Returning to work doesn’t have to mean working full-time. Many retirees find part-time work to be more suited to their current lifestyle. Additionally, you may consider seasonal work. Many employers will hire temporary workers for 3–4 months to get extra help during the busy season. This is a great way to break into a new industry as temporary workers aren’t usually required to have a lot of previous experience.
3. Scheduling Flexibility
Don’t forget about your other commitments. Sometimes taking on a new job creates scheduling conflicts, which is why many people find part-time work so appealing, as it leaves mornings or afternoons free to do other things. If, however, your schedule is irregular and you require greater flexibility, then you may want to consider “gig” work over regular employment. “Gig” work includes income-earning tasks rather than a standard employment contract. Some examples of “gigs” are freelance or consulting work, driving for a ride-sharing or food delivery service, pet sitting and boarding, etc.
4. Work Location
Think about where you would prefer to work. In a post-pandemic world, there are many opportunities for remote work. If you have significant health challenges, working from home might be a better fit than working on-site. Transportation to and from work is another factor and potential expense you’ll want to consider before accepting a job.
6. Need for Additional Education
Depending on the industry, you may be required to obtain some additional education before being able to return to work. Would you need to get a food handler’s permit, or something similar? Are you willing and able to learn a new technology or skill? Will your personal learning curve be steep?
What's next
There’s a lot to consider when you’re thinking about returning to the workforce, but the good news is, there are plenty of jobs available. Don’t rush into the first opportunity that comes along; take your time and choose the job that will be best suited for you and the lifestyle you want to live over the next several years of employment. One of the best places to start is OfferUp Jobs. Millions of users have already experienced the best way to find local jobs near you. Best of all, you can set your searches around the things you are interested in. Download the app today to get started.