Endorsing Edwards’ experience (see Experienced boomers know hot to manage turbulent times), more job seekers over 50 have re-entered the workforce as they seek to supplement their super, according to LINK Recruitment Melb GM Ben Cass.
“Many of these workers have held executive positions and are now looking for roles with less responsibility and pressure,” he said. “Mature professionals often find contract roles or part-time work attractive. SuperRatings data shows the average balanced super fund lost 5.7% in the 12 months to the end of Aug. This is a strong motivation for many people to return to the workforce.”