Benefits/Alternative Work Arrangements: L.L. Bean offers alternative work arrangements such as flex time, compressed work schedules, job sharing, and telecommuting its full- and part-time employees. Full-time employees are eligible to move to part-time work on a permanent and temporary basis.
Opportunities for Retirees: L.L. Bean currently has 813 retirees and a person directly responsible for retiree relations. The company stays connected with its retirees by communicating on a regular basis, inviting retirees to events and celebrations, providing ongoing access to retirement planning workshops/information, and formally acknowledging employees on their retirement. L.L. Bean offers retirees temporary work assignments, consulting/contract work, on-call work options, and full-and part-time work.
Age of Workforce: Forty-two percent of the company’s employees are 50+. The average tenure of employees age 50+ is 10.2 years.