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Work after retirement: the evidence of sustainable employment from Lithuanian enterprise

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  • Julija Moskvina

    (LCSS Institute of Sociology, Lithuania)

Abstract

While the population is ageing fast in Lithuania the possible ways of adaptation of older people in labour market should be analysed thoroughly. A small private company operating in the sector of electric installation was selected as a case. Analysis was aimed to reveal the main sector-specific enterprise-level factors for participation in labour market after the official retirement age. Paper presents both employee's and employer's perspectives on sustainable employment. The case study presents the experience of the 72 years old electrician and the employer's undertakings to encourage older workers to continue their careers. The data from the micro-level are analysed within the socio-economic context of the country. The case study shows that a long career is probable when both the business and the employees benefit from it, and the employee's health condition is satisfying. From the employer's perspective, the benefits derived from the employment of the high-skilled, experienced, and reliable workers; and from the older employee's perspective, such aspects as self-realisation and favourable conditions at the workplace have a great value.

Suggested Citation

  • Julija Moskvina, 2022. "Work after retirement: the evidence of sustainable employment from Lithuanian enterprise," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 4(2), pages 52-62, June.
  • Handle: RePEc:ssi:jouird:v:4:y:2022:i:2:p:52-62
    DOI: 10.9770/IRD.2022.4.2(4)
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    References listed on IDEAS

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    1. Marianna Virtanen & Tuula Oksanen & G David Batty & Leena Ala-Mursula & Paula Salo & Marko Elovainio & Jaana Pentti & Katinka Lybäck & Jussi Vahtera & Mika Kivimäki, 2014. "Extending Employment beyond the Pensionable Age: A Cohort Study of the Influence of Chronic Diseases, Health Risk Factors, and Working Conditions," PLOS ONE, Public Library of Science, vol. 9(2), pages 1-8, February.
    2. Kooij, Dorien T. A. M. & Zacher, Hannes & Wang, Mo & Heckhausen, Jutta, 2020. "Successful aging at work: A process model to guide future research and practice," Industrial and Organizational Psychology, Cambridge University Press, vol. 13(3), pages 345-365, September.
    3. Bouman, Ronald. & Horne, Richard & Milasi, Santo. & Prasad, Naren., 2015. "Ageing and labour market implications for Lithuania," ILO Working Papers 994893483402676, International Labour Organization.
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    Cited by:

    1. Adriana Grenčíková & Valentinas Navickas & Jana Spankova & Karol Krajčo, 2022. "The motivation of different employee generations: a case study of the spa industry," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 10(1), pages 80-90, September.

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    More about this item

    Keywords

    sustainable employment; aging; case study; electric sector; skilled manual work; Lithuania;
    All these keywords.

    JEL classification:

    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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