The Boston University Alumni Association states at least 10,000 baby boomers retire in the U.S. every day. These numbers continue to grow and that leaves employers seeking to find the best strategies to transition these workers into retirement. After someone has invested so much in your company, you can’t help but want to extend your gratitude.
Picking out the perfect retirement gift and planning the perfect celebration for your retirees can be challenging. We’ve got a few ideas and tips that will help guide you along the way.
Throw a party
Pick a theme. Try to incorporate some of the retiree’s unique characteristics and hobbies to help personalize the event. Make or order some of the retirees’ favorite food or dessert.
Create something from the heart
Work with the team to create a fun craft that the retiree will be able to take home as a souvenir. Another idea is to create a memory jar and have each coworker write something they will remember about the retiree.
Lighten up the mood
Retirement can be a bittersweet time. Don’t be afraid to throw in some clean humor. Laughter is a great way to celebrate your employees.
Make it sweet
Write a sentimental note and encourage your team to do the same. Be creative by offering them a sweet treat. Here’s a great resource to help you in writing a retirement note.
Present an official company thank you and service award
Give a personalized award on behalf of the company. You could do a collage to capture their story or a personalized art piece. Give them a keepsake they can be proud of and display in their home.
Create a presentation highlighting their journey and accomplishments
Put a PowerPoint presentation together with pictures & share stories that capture your employees time at your company. Present a years of service award and prepare a heartwarming speech. Open the floor up for other coworkers to share warm thoughts with the retiring employee. Be sure to have someone capture the presentation on video.
Offer Continued Support
Many retirees are looking for a sense of purpose and may not want to retire in a traditional way. Depending on the person they may want to enter the gig economy or explore other options. Be sure to offer them support and help them to discover the next step.
“As more and more people leave their full-time careers of 50 years to pursue other opportunities, HR leaders must shift their thinking and adopt new policies for helping employees discover the next phase of their lives.” Lindsay Witcher
Transitioning your employees into retirement is an exciting endeavor. If you would like other ideas or have questions about showing your appreciation to retirees, we’d love to connect you to one of our recognition specialists.