Overage Executives

Keeping Firms Young

MOST COMPANIES, ESPECIALLY LARGE ONES, still assume that age sixty-five is the normal retirement age for managers and executives. But more and more of them, especially in middle-management ranks and in highly specialized work, take early retirement, some as early as age fifty-two. An even larger and faster-growing group is beginning to exercise the legal right (of all but a small group of executives in “decision-making positions” with very large retirement pensions) to delay retirement until age seventy. And the compulsory retirement of federal employees and of employees in California who ...

Get Peter F. Drucker on Globalization now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.