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Best Employers for Workers Over 50

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L.L. Bean, Inc.

Winner: 2008 AARP Best Emloyers for Workers Over 50

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.

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