Advanced Search
MyIDEAS: Login to save this paper or follow this series

Increasing Work Life: The Role Of The Employer

Contents:

Author Info

  • Robert Clark

    (Poole College of Management, North Carolina State University)

  • Melinda Morrill

    (Poole College of Management, North Carolina State University)

Registered author(s):

    Abstract

    As life expectancy increases, a larger proportion of older workers may desire to postpone full retirement by continuing to work either at their career jobs or by shifting to bridge jobs. This paper examines reasons why employers might adopt policies to facilitate the extension of work life or limit the ability of workers to remain on the job until older ages. Employers may be concerned about potential higher costs, lower productivity, and a suboptimal age structure of their labor force if retirement age, on average, is delayed. Employer responses will likely vary across sectors of the economy and over time with changes in economic and regulatory condition. Employer responses to the desire for older retirement ages may include redefining job conditions, levels of responsibility, and compensation for older workers to modify and reduce any negative effects of delayed retirement. Employment policies such as phased retirement and modifications of job titles and span of responsibilities can reduce negative effects on the promotional opportunities for younger workers; however age discrimination policies may restrict such changes.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www-siepr.stanford.edu/repec/sip/13-016.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by Stanford Institute for Economic Policy Research in its series Discussion Papers with number 13-016.

    as in new window
    Length:
    Date of creation: Dec 2013
    Date of revision:
    Handle: RePEc:sip:dpaper:13-016

    Contact details of provider:
    Postal: 366 Galvez Street, Stanford, California 94305-6015
    Phone: (650) 725-1874
    Fax: (650) 723-8611
    Web page: http://siepr.stanford.edu
    More information through EDIRC

    Related research

    Keywords:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Hellerstein, Judith K & Neumark, David & Troske, Kenneth R, 1999. "Wages, Productivity, and Worker Characteristics: Evidence from Plant-Level Production Functions and Wage Equations," Journal of Labor Economics, University of Chicago Press, vol. 17(3), pages 409-46, July.
    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. Clark, Robert L & Ogawa, Naohiro, 1992. "Employment Tenure and Earnings Profiles in Japan and the United States: Comment," American Economic Review, American Economic Association, vol. 82(1), pages 336-45, March.
    4. Christina Robinson & Robert Clark, 2010. "Retiree Health Insurance and Disengagement from a Career Job," Journal of Labor Research, Springer, vol. 31(3), pages 247-262, September.
    5. John B. Shoven & Sita Slavov, 2013. "The Role of Retiree Health Insurance in the Early Retirement of Public Sector Employees," NBER Working Papers 19563, National Bureau of Economic Research, Inc.
    6. Nicole Maestas & Julie Zissimopoulos, 2009. "How Longer Work Lives Ease the Crunch of Population Aging," Working Papers 728, RAND Corporation Publications Department.
    7. Laurence J. Kotlikoff & Daniel E. Smith, 1983. "Introduction to "Pensions in the American Economy"," NBER Chapters, in: Pensions in the American Economy, pages 1-19 National Bureau of Economic Research, Inc.
    8. David Neumark, 2008. "The Age Discrimination in Employment Act and the Challenge of Population Aging," NBER Working Papers 14317, National Bureau of Economic Research, Inc.
    9. Jacob A. Mincer, 1974. "Introduction to "Schooling, Experience, and Earnings"," NBER Chapters, in: Schooling, Experience, and Earnings, pages 1-4 National Bureau of Economic Research, Inc.
    10. R. Cantrell & Robert Clark, 1982. "Individual mobility, population growth and labor force participation," Demography, Springer, vol. 19(2), pages 147-159, May.
    11. Robert M. Hutchens & Karen Grace-Martin, 2006. "Employer willingness to permit phased retirement: Why are some more willing than others?," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 59(4), pages 525-546, July.
    12. Leora Friedberg & Anthony Webb, 2005. "Retirement and the Evolution of Pension Structure," Journal of Human Resources, University of Wisconsin Press, vol. 40(2).
    13. 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.
    14. James L. Medoff & Katharine G. Abraham, 1981. "Are Those Paid More Really More Productive? The Case of Experience," Journal of Human Resources, University of Wisconsin Press, vol. 16(2), pages 186-216.
    15. Maria D. Fitzpatrick & Michael F. Lovenheim, 2013. "Early Retirement Incentives and Student Achievement," NBER Working Papers 19281, National Bureau of Economic Research, Inc.
    16. Michael D. Giandrea & Kevin E. Cahill & Joseph F. Quinn, Ph.D., 2008. "Self-Employment Transitions among Older American Workers with Career Jobs," Working Papers 418, U.S. Bureau of Labor Statistics.
    17. Laurence J. Kotlikoff & Daniel E. Smith, 1983. "Pensions in the American Economy," NBER Books, National Bureau of Economic Research, Inc, number kotl83-1.
    18. Maria D. Fitzpatrick, 2013. "Retiree Health Insurance for Public School Employees: Does it Affect Retirement?," CESifo Working Paper Series 4415, CESifo Group Munich.
    19. Barbara A. Butrica & Karen E. Smith & C. Eugene Steuerle, 2006. "Working for a Good Retirement," Economics Working Paper Archive wp_463, Levy Economics Institute.
    20. 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.
    21. Gordon B.T. Mermin & Richard W. Johnson & Dan Murphy, 2006. "Why Do Boomers Plan to Work So Long?," Working Papers, Center for Retirement Research at Boston College wp2006-19, Center for Retirement Research, revised Nov 2006.
    22. Gordon B. T. Mermin & Richard W. Johnson & Dan P. Murphy, 2007. "Why Do Boomers Plan to Work Longer?," Journals of Gerontology: Series B, Gerontological Society of America, vol. 62(5), pages S286-S294.
    23. Yoram Ben-Porath, 1967. "The Production of Human Capital and the Life Cycle of Earnings," Journal of Political Economy, University of Chicago Press, vol. 75, pages 352.
    24. Ruhm, Christopher J, 1990. "Bridge Jobs and Partial Retirement," Journal of Labor Economics, University of Chicago Press, vol. 8(4), pages 482-501, October.
    25. Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1.
    26. Richard W. Johnson & Corina Mommaerts, 2011. "Age Differences in Job Displacement, Job Search, and Reemployment," Working Papers, Center for Retirement Research at Boston College wp2011-3, Center for Retirement Research, revised Jan 2011.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:sip:dpaper:13-016. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Anne Shor).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.