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Which personnel measures are effective in increasing productivity of old workers?

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  • Göbel, Christian
  • Zwick, Thomas

Abstract

In this study, we investigate the effect of five specific human resource measures for old employees (SMOE) on their relative productivity. Despite the fact that SMOE are applied in the majority of establishments, this is the first representative study on the effectiveness of these measures. We find that the relative productivity contributions of old workers are significantly higher in establishments that provide either specific equipment of work places or age-specific jobs for old workers. In establishments that apply mixed-age working teams the productivity contributions of old and of young employees are significantly higher than in establishments without this measure. Working time reductions and specific training for old employees are not associated with higher relative productivity of these employees. Our paper provides a joint explanation for two recent findings, the only modest decline of the productivity contributions of old workers and the high variance for estimates of age-productivity profiles.

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  • Göbel, Christian & Zwick, Thomas, 2010. "Which personnel measures are effective in increasing productivity of old workers?," ZEW Discussion Papers 10-069, ZEW - Leibniz Centre for European Economic Research.
  • Handle: RePEc:zbw:zewdip:10069
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    Cited by:

    1. Bloom, David E. & Sousa-Poza, Alfonso, 2013. "Ageing and Productivity: Introduction," IZA Discussion Papers 7205, Institute of Labor Economics (IZA).
    2. Boockmann, Bernhard & Fries, Jan & Göbel, Christian, 2018. "Specific measures for older employees and late career employment," The Journal of the Economics of Ageing, Elsevier, vol. 12(C), pages 159-174.
    3. Jan Polcyn, 2022. "Determining Value Added Intellectual Capital (VAIC) Using the TOPSIS-CRITIC Method in Small and Medium-Sized Farms in Selected European Countries," Sustainability, MDPI, vol. 14(6), pages 1-20, March.
    4. Fuchs, Michaela & Pohl, Anja & Sujata, Uwe & Weyh, Antje, 2011. "Herausforderungen des demografischen Wandels für den Arbeitsmarkt in Thüringen," IAB-Regional. Berichte und Analysen aus dem Regionalen Forschungsnetz. IAB Sachsen-Anhalt-Thüringen 201101, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    5. Mahlberg, Bernhard & Freund, Inga & Prskawetz, Alexia, 2011. "Ageing, productivity and wages in Austria: Evidence from a matched employer-employee data set at the sector level," ECON WPS - Working Papers in Economic Theory and Policy 02/2011, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    6. Bloom, David E. & Sousa-Poza, Alfonso, 2013. "Ageing and productivity," FZID Discussion Papers 63-2012, University of Hohenheim, Center for Research on Innovation and Services (FZID).
    7. Bernhard Mahlberg & Inga Freund & Alexia Prskawetz, 2013. "Ageing, productivity and wages in Austria: sector level evidence," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 40(4), pages 561-584, November.
    8. Ross Guest & Heather Stewart, 2011. "The age dispersion of workers and firm productivity: a survey approach," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 14(1), pages 59-75.
    9. Fuchs, Michaela & Sujata, Uwe & Weyh, Antje, 2011. "Herausforderungen des demografischen Wandels für den Arbeitsmarkt in Sachsen," IAB-Regional. Berichte und Analysen aus dem Regionalen Forschungsnetz. IAB Sachsen 201101, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    10. Anna Ruzik-Sierdzinska & Claudia Villosio & Michele Belloni & Maciej Lis & Monika Potoczna, 2013. "Age and productivity. Human Capital Accumulation and Depreciation," CASE Network Reports 0114, CASE-Center for Social and Economic Research.
    11. Spermann, Alexander, 2014. "Using Online Platforms for Competence Tests: A Component of the Demographic Policy of Germany," IZA Policy Papers 83, Institute of Labor Economics (IZA).
    12. Mihai Robert, PAŞNICU, 2014. "The Link Between Active Aging And Retirement Age," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 5(4), pages 21-27.
    13. Christian Göbel & Thomas Zwick, 2012. "Age and Productivity: Sector Differences," De Economist, Springer, vol. 160(1), pages 35-57, March.
    14. Spermann, Alexander, 2014. "Online-Portale für Kompetenztests – ein Baustein für die Demografiestrategie Deutschlands," IZA Standpunkte 67, Institute of Labor Economics (IZA).
    15. Heinrich Traublinger & Hans-Peter Klös & Martin Zeil & Ludwig Spaenle, 2011. "Symposium »Demographischer Wandel und Fachkräfteentwicklung– Konsequenzen für Bildung und Handwerk«," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64(06), pages 03-23, March.
    16. Fuchs, Michaela & Sujata, Uwe & Weyh, Antje, 2010. "Herausforderungen des demografischen Wandels für den Arbeitsmarkt in Sachsen-Anhalt," IAB-Regional. Berichte und Analysen aus dem Regionalen Forschungsnetz. IAB Sachsen-Anhalt-Thüringen 201003, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].

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    More about this item

    Keywords

    ageing workforce; age-productivity-profile; personnel management; HRM;
    All these keywords.

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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