Here's Our Take on the Situation
As I see it, the upside for employers is these applicants bring to the job certain values such as high moral standards and a high work ethic that is sometimes not found in other applicants. They may not be the fastest or most energetic, but they are dependable and responsible. They work well with minimal supervision and do not struggle with submitting to authority. Typically, this segment of employees causes few if any problems in the work environment and may actually provide a stabilizing effect in some circumstances.
These individuals will probably not require time off because they are unable to find suitable child care or because they are having a baby. They won’t be attending parent-teacher conferences or taking their dependents to medical and dental appointments. In short, hiring them is a smart investment. Employers have fewer absenteeism and retention problems.
The benefit to these individuals is greater than the boost to their finances. Because they are staying active, they will probably be in better mental and physical condition than some of their contemporaries. Learning new skills and experiencing new opportunities could renew their zest for life if the slower pace of retirement life has become boring.
Because they do not feel dependent on others or the government to provide for their financial needs, they experience a greater sense of freedom, independence and empowerment. Rather than being a negative, being forced to return to work might just be the best thing that ever happened to them.