Benefits/Alternative-Work Arrangements: Employees of GSK can benefit from alternative-work arrangements, which include flextime, a compressed-work schedule, job-sharing, telecommuting, and a formal phased-retirement program. Full-time employees may move to part-time work on a temporary or permanent basis.
Opportunities for Retirees: GSK currently has 9,841 retirees, and they all benefit from the dedication of a staff member directly responsible for retiree relations. The company stays connected with retirees through regular communication, invitations to company events, formal acknowledgements of retirement, and four retiree organizations or clubs. GSK provided the retiree organizations with startup funding and now supports a retiree meeting each year. Retirees can also remain involved professionally, through temporary work assignments, consulting or contract work, telecommuting, and full- and part-time work. A retiree may work up to 18 months in a temporary assignment.
Age of Workforce: Twenty-four percent of GSK employees are age 50+, with an average tenure of 17 years.