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Job retention among older workers in central and Eastern Europe

Author

Listed:
  • Wojciech Hardy

    (Institute for Structural Research (IBS). Faculty of Economic Sciences, University of Warsaw)

  • Aneta Kielczewska

    (Institute for Structural Research (IBS))

  • Piotr Lewandowski

    (Institute for Structural Research (IBS). IZA)

  • Iga Magda

    (Institute for Structural Research (IBS). Department of Economics I, Warsaw School of Economics)

Abstract

We study job retention rates–the shares of workers who continue to work in the same job over the next five years–in Czechia, Hungary, Poland and Slovakia. Job retention among older workers is key to prolonging careers and increasing employment of older people which in turn is a crucial challenge for these countries. We find that the retention rates among workers aged 55–59 are low and amount to about a half of the retention rates among prime aged workers. Only in Poland the retention rates of older workers have increased for both men and women between 1998 and 2013. The individuals least likely to retain jobs after the age of 60 were women, those with lower education, working in industry, in medium or low-skilled occupations, and those living with a non-working partner. The policies aimed at encouraging job retention in Central and Eastern Europe should focus on these groups of workers.

Suggested Citation

  • Wojciech Hardy & Aneta Kielczewska & Piotr Lewandowski & Iga Magda, 2018. "Job retention among older workers in central and Eastern Europe," Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, vol. 18(2), pages 69-94.
    • Handle: RePEc:bic:journl:v:18:y:2018:i:2:p:69-94
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    File URL: https://www.tandfonline.com/doi/full/10.1080/1406099X.2018.1514562
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    Citations

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    Cited by:

    1. Martin Lakomý, 2023. "Effects of digital skills and other individual factors on retirement decision-making and their gender differences," European Journal of Ageing, Springer, vol. 20(1), pages 1-12, December.
    2. Deborah Foster & Mart Masso & Liina Osila, 2021. "Work accommodations and sustainable working: The role of social partners and industrial relations in the employment of disabled and older people in Estonia, Hungary and Poland," European Journal of Industrial Relations, , vol. 27(2), pages 149-165, June.
    3. Paweł Chrostek & Krzysztof Karbownik & Michał Myck, 2024. "Labor Market Externalities of Pre-retirement Employment Protection," NBER Working Papers 32371, National Bureau of Economic Research, Inc.
    4. Eva Grmanová & Jozef Bartek, 2022. "Factors affecting the working life lenght of older people in the European Union," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 10(1), pages 64-79, September.

    More about this item

    Keywords

    Job retention; retirement; transition to retirement; pension system; early retirement;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs

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