The move from full-time work to full-time leisure will be a gradual one for many technology executives, a new survey shows. More than half (52%) of chief information officers polled said they are likely to consider consulting or project work as a way to transition to retirement.

The poll includes responses from more than 270 CIOs from a stratified random sample of Canadian companies with 100 or more employees. It was conducted by an independent research firm and developed by Robert Half
Technology, a leading provider of information technology professionals on a project and full-time basis.

CIOs were asked, “How likely are you to consider consulting or project work as a means to transition to retirement?” Their responses:

Very likely: 16%
Somewhat likely: 36%
Not at all likely: 43%
Don’t know: 5%
Total: 100%

“For those nearing retirement, leaving a full-time position is often a lifestyle choice and not a decision to stop working entirely,” said Katherine Spencer Lee, executive director of Robert Half Technology. “Consulting provides a way for IT professionals to continue leveraging the expertise developed over their careers, earn extra income, mentor the next generation of talent and gain the flexibility to pursue other interests – both professional and personal.”

Lee noted that companies are also benefiting from these arrangements. “Seasoned workers who take on consulting roles help employers bridge knowledge gaps, which makes these professionals a desirable source of talent. To recruit from these ranks, companies are increasingly offering work/life balance incentives, such as flexible schedules and telecommuting options.”