PRESS - Released June 21, 2006 - RetirementJobs.com

Contact: Patrick Rafter
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Flexibility Ranks First, Entrepreneurship Last, When Baby Boomers and Active Retirees Seek Retirement Jobs, According to New Survey from RetirementJobs.com

Online Retirement Job Destination Releases What’s In, What’s Out List

Wellesley, MA – June 21, 2006 –According to a new survey released today by RetirementJobs.com, entrepreneurship ranked at the bottom of a list of key job factors baby boomers and active retirees consider for an ideal retirement job. Flexibility or lifestyle integration were ranked as important by 7 out of 10 respondents asked to rate the job factors in describing their ideal retirement job. Just 30% rated entrepreneurship as being important.

“We found that 50+ job seekers place a big premium on flexible work conditions, to the point where they will often trade a suitable schedule for reduced compensation,” said Tim Driver, CEO of RetirementJobs.com. “It probably stands to reason that if someone is after a more relaxing lifestyle, starting a business is not always likely to be a fit.

But let’s not forget there are countless examples of great ventures started by people over age 50.”

RetirementJobs.com research shows that on top of experience, workers over 50 stay in jobs longer, waste less time at work, and relate better to companies’ older customer base. Employers are increasingly luring 50+ workers given that half the U.S. workforce of 130 million people is scheduled to retire, or take a retirement job, in the next 15 years.

Job Factor	Percent of Respondents Rating Factor Important
Flexibility or Lifestyle Integration (partial day, week or year)	69%
Security and Stability	67%
Independence and Autonomy	65%
Service and Dedication	58%
Cash Compensation	53%
Technical and Functional	53%
Managerial	48%
Benefits	48%
Pure Challenge	46%
Entrepreneurship	29%

Follow up interviews with respondents enabled RetirementJobs.com’s analysts to identify a qualitative set of likes and dislikes among people in their careers after age 50. To view the “What’s In, What’s Out” list, please visit the URL below:

What is a Retirement Job ?

Survey Methodology
RetirementJobs.com conducted in-depth research relating to visitors’ definition of an ideal retirement job. The online survey of more than 400 job seekers over age 50 asked people to rate the importance of 10 factors in answering the question: “what is your ideal retirement job scenario?” They could select from: high, somewhat high, medium, somewhat low, low and don’t know. It was followed by interviews with a representative sample of respondents. RetirementJobs.com visitors generally learn about the site through search engines queries, syndicated partner sites, press mentions, and word of mouth. Data was analyzed by RetirementJobs.com’s team of Certified Compensation Professionals.

About RetirementJobs.com
RetirementJobs.com is an all-inclusive resource containing tens of thousands of job listings from employers it certifies as age friendly. In addition to having the components of a state-of-the-art job board, the website offers vital and inspiring resources such as advice, news, success stories and podcasted money tips. The company is led by an experienced media, e-recruiting and human resources team.