Boomers are avoiding dreaded commutes, doing volunteer work or caring for family while performing increasingly complex tasks from home in their phased retirement.
For companies, home-based employees, independent contractors and freelancers are helping cut costs and improve customer service. Full-time home-based freelancers and independent contractors in the U.S. are expected to increase by 200,000 workers to 11 million by the end of 2009, says Ray Boggs, a vice president of IDC, Framingham, MA., a market research firm; he sees another 200,000 worker increase in 2010.
Many skilled and knowledgeable at-home professionals and managers earn less than a corporate salary. The jobs vary by company from full-time employee positions with benefits to part-time independent contractor positions.
As more companies allow people to work from anywhere via the Internet, expansion of home-based work is likely to continue.
Source: The Wall Street Journal, November 25, 2009
Why do boomers still work during retirement years? To pay for the stuff they and their kids have become fond of...including their children's college education.
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