Do European employers support later retirement?
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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Volume (Year): 31 (2010)
Issue (Month): 3 ( July)
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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.:
- Lazear, Edward P, 1979. "Why Is There Mandatory Retirement?," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1261-84, December.
- Gary S. Becker, 1962. "Investment in Human Capital: A Theoretical Analysis," Journal of Political Economy, University of Chicago Press, vol. 70, pages 9.
- 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.
- Cremer, Helmuth & Pestieau, Pierre, 2002.
"The Double Dividend of Postponing Retirement,"
IDEI Working Papers
144, Institut d'Économie Industrielle (IDEI), Toulouse, revised 2003.
- Edward P. Lazear, 1988.
"Adjusting to an Aging Labor Force,"
NBER Working Papers
2802, National Bureau of Economic Research, Inc.
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