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Do European employers support later retirement?

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. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Manpower Emerald Publishing

Do European employers support later retirement?

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Publisher
Emerald Publishing
Copyright
Copyright © 2010 Emerald Group Publishing Limited. All rights reserved.
ISSN
0143-7720
DOI
10.1108/01437721011050620
Publisher site
See Article on Publisher Site

Abstract

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.

Journal

International Journal of ManpowerEmerald Publishing

Published: Jun 15, 2010

Keywords: Employers; Older workers; Retirement; Direct labour costs; Europe

References