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Do European employers support later retirement?

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Author Info

  • Hendrik P. van Dalen
  • Kène Henkens
  • Wilma Henderikse
  • Joop Schippers

Abstract

Purpose – This paper aims to examine whether employers' opinions and expectations regarding workers' retirement age are in line with the ideas of the EU-Member States' governments to increase the participation of older workers and to postpone the transition from paid work into retirement at the end of the labour market career. Design/methodology/approach – A comparative survey was used among employers from five European countries: Greece, Hungary, Spain, The Netherlands and the United Kingdom. Findings – The authors found that most employers are reluctant in supporting later retirement. Part of this reluctance is the result of the perception that an ageing work force is a burden rather than a boom to organizations. Originality/value – This study shows that there still is a discrepancy between the aims formulated at the level of the European Union and member state countries with respect to stimulating the labour force participation of older workers and the attitudes of individual employers. In particular, the fact that employers perceive alternative solutions to the challenges of an ageing and shrinking workforce, other than delaying retirement, suggests that most employers will not be a major driving force for extending the working life.

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Bibliographic Info

Article provided by Emerald Group Publishing in its journal International Journal of Manpower.

Volume (Year): 31 (2010)
Issue (Month): 3 ( July)
Pages: 360-373

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Handle: RePEc:eme:ijmpps:v:31:y:2010:i:3:p:360-373

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Related research

Keywords: Direct labour costs; Employers; Europe; Older workers; Retirement;

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References

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  1. CREMER, Helmuth & PESTIEAU, Pierre, . "The double dividend of postponing retirement," CORE Discussion Papers RP -1696, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  2. Lazear, Edward P, 1979. "Why Is There Mandatory Retirement?," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1261-84, December.
  3. Edward P. Lazear, 1988. "Adjusting to an Aging Labor Force," NBER Working Papers 2802, National Bureau of Economic Research, Inc.
  4. Hutchens, Robert M, 1989. "Seniority, Wages and Productivity: A Turbulent Decade," Journal of Economic Perspectives, American Economic Association, vol. 3(4), pages 49-64, Fall.
  5. Gary S. Becker, 1962. "Investment in Human Capital: A Theoretical Analysis," Journal of Political Economy, University of Chicago Press, vol. 70, pages 9.
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Cited by:
  1. Henkens, C.J.I.M. & Dalen, H.P. van, 2011. "The employer’s perspective on retirement," Open Access publications from Tilburg University urn:nbn:nl:ui:12-4807650, Tilburg University.

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