Retirement adjustment solutions: A comparative analysis using Shannon's Entropy and TOPSIS techniques

Human resources are undoubtedly the most crucial resources of organizations. A significant part of the human resources includes retirees of the organization. Organizations must provide adequate support to acknowledge their years of service to facilitate retirees' adaptation to new circumstances. This study investigates retirement adjustment among personnel of the Yazd Electricity Distribution Company (YEDC). For this purpose, the challenges and problems that discourage people from retiring are identified first. Based on these challenges, retirement adjustment solutions are proposed. The retirement adaptation solutions have been ranked based on three criteria: financial promotion, identity improvement, and interaction improvement, using Shannon’s Entropy and TOPSIS techniques. The extraction of factors in two categories of challenges and solutions represents a contribution of this research. Furthermore, this research examines the different views of personnel with varying job levels, work experience, and genders through statistical analysis, which is another contribution of this research. Finally, the results of this research show the ranking of solutions using combined Shannon’s Entropy and TOPSIS techniques, which emphasize the novelty of this research.