Retirement in a global labour market: A call for abolishing the fixed retirement age
Retirement in a global labour market: A call for abolishing the fixed retirement age
Purpose: we explore potential benefits and possible pitfalls of the removal of the default retirement age.
Design/methodology/approach: a human capital and labour market perspective provide theoretical lenses for exploring the potential implications for individuals, organizations and societies. We employed financial costing analysis to demonstrate
Findings: we use the UK case to illustrate anticipated managerial and societal outcomes. The main finding from our discussion and the financial analysis is that indeed the current system in unsustainable.
Originality/value: we offer areas where lessons about age management can be learnt from other experiences of flexible retirement strategies such as enhancing older workers’ human capital The idea is of global nature and relevance and forms a ‘wake-up call’ for decision makers at national level.
464-482
Sayce, S
aa9535ee-f249-45f4-988b-456b624835d9
Gregoriou, A
7535f48a-e50a-4bad-b181-db7553c15598
Yehuda, Baruch
25b89777-def4-4958-afdc-0ceab43efe8a
December 2014
Sayce, S
aa9535ee-f249-45f4-988b-456b624835d9
Gregoriou, A
7535f48a-e50a-4bad-b181-db7553c15598
Yehuda, Baruch
25b89777-def4-4958-afdc-0ceab43efe8a
Sayce, S, Gregoriou, A and Yehuda, Baruch
(2014)
Retirement in a global labour market: A call for abolishing the fixed retirement age.
Personnel Review, 43 (3), .
(doi:10.1108/PR-04-2013-0059).
Abstract
Purpose: we explore potential benefits and possible pitfalls of the removal of the default retirement age.
Design/methodology/approach: a human capital and labour market perspective provide theoretical lenses for exploring the potential implications for individuals, organizations and societies. We employed financial costing analysis to demonstrate
Findings: we use the UK case to illustrate anticipated managerial and societal outcomes. The main finding from our discussion and the financial analysis is that indeed the current system in unsustainable.
Originality/value: we offer areas where lessons about age management can be learnt from other experiences of flexible retirement strategies such as enhancing older workers’ human capital The idea is of global nature and relevance and forms a ‘wake-up call’ for decision makers at national level.
Text
Default retirement revised 12 10 13.doc
- Accepted Manuscript
More information
Published date: December 2014
Organisations:
Southampton Business School
Identifiers
Local EPrints ID: 377447
URI: http://eprints.soton.ac.uk/id/eprint/377447
ISSN: 0048-3486
PURE UUID: 7d5e3e41-7649-4e79-972d-a6d3ea299163
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Date deposited: 08 Jun 2015 09:11
Last modified: 15 Mar 2024 03:47
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Author:
S Sayce
Author:
A Gregoriou
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