Monday, August 25, 2008

Here's An Interesting Concept

American Express is experimenting with phased retirement. At first I thought it was another way to downsize the more experienced workforce to save them cash, but as I read the whole article, it became apparent that there may be more at work here than a simple financial benefit to Amex.

We've often seen people leave a firm and take with them a wealth of knowledge. This approach allows a corporate "passing of the torch". I'm intrigued.

Sounds like a nice way to leave a legacy on your way out the door. It will be interesting to see if it gets beyond the pilot stage and moves into the rest of their business units.

No comments:

Post a Comment

Please tell me what you think.