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Employer willingness to permit phased retirement: Why are some more willing than others?

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Author Info
Robert M. Hutchens
Karen Grace-Martin
Abstract

Under phased retirement, an older worker remains with his or her employer while gradually reducing work hours and effort. Although older workers often express an interest in phased retirement, actual occurrences are evidently rare. A possible explanation is that employers limit opportunities for phased retirement. Using a survey of employers conducted in 2001-2002, the authors examine how and why establishments differed in their willingness to permit an older full-time white-collar worker to take phased retirement. The survey indicates that employers were often willing to permit the option, but primarily as an informal arrangement. The results also indicate that opportunities for phased retirement were greater in establishments that employed part-time white-collar workers, allowed job sharing, and had flexible starting times. Opportunities tended to be more limited in establishments where white-collar workers were unionized. (Free full-text download available at http://digitalcommons.ilr.cornell.edu/ilrreview/.)

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Publisher Info
Article provided by ILR Review, ILR School, Cornell University in its journal ILR Review.

Volume (Year): 59 (2006)
Issue (Month): 4 (July)
Pages: 525-546
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Handle: RePEc:ilr:articl:v:59:y:2006:i:4:p:525-546

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  1. Daniel S. Hamermesh & Stephen Donald, 2007. "The Time and Timing Costs of Market Work," NBER Working Papers 13127, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  2. Robert Hutchens, 2007. "Worker Characteristics, Job Characteristics, and Opportunities for Phased Retirement," IZA Discussion Papers 2564, Institute for the Study of Labor (IZA). [Downloadable!]
  3. David M. Blau & Tetyana Shvydko, 2007. "Labor Market Rigidities and the Employment Behavior of Older Workers," IZA Discussion Papers 2996, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  4. Robert Hutchens & Patrick Nolen, 2006. "Will The Real Family-Friendly Employer Please Stand Up: Who Permits Parents To Reduce Working Hours For Purposes of Childcare?," Economics Discussion Papers 622, University of Essex, Department of Economics. [Downloadable!]
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