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Late-career Risks in Changing Welfare States

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Book Series: Changing Welfare States ISBN: 9789089646774 Year: Pages: 336 DOI: 10.26530/OAPEN_621791 Language: English
Publisher: Amsterdam University Press
Subject: Languages and Literatures
Added to DOAB on : 2017-01-04 11:01:17
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Motivated by debates about welfare state retrenchment and growing economic insecurity, this book takes a closer look at the situation of older workers in Germany and the US. It first provides an in-depth account of country differences in key social programs - and of crucial changes since the 1980s. To better understand the impact of these changes on the lives of ordinary citizens, the second part of the book uses household panel data to examine the changing financial consequences of late-career job loss and retirement. Income losses due to men's retirement have grown in both countries, consistent with gradual declines in the generosity of public pension schemes and other public programs. In the US, income trajectories have also become more heterogeneous, with more workers suffering very large income losses and having low income after retirement. Changes in employer-sponsored pensions, in particular the rise of defined-contribution plans, appear to have been a major factor behind this trend. In Germany, where generous early retirement options were phased out after the mid-1990s, there is evidence that workers are paying a growing price for late-career job loss or health problems, which often lead to involuntary early retirement.

Advances in Research on Age in the Workplace and Retirement

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Book Series: Frontiers Research Topics ISSN: 16648714 ISBN: 9782889453931 Year: Pages: 244 DOI: 10.3389/978-2-88945-393-1 Language: English
Publisher: Frontiers Media SA
Subject: Science (General) --- Psychology
Added to DOAB on : 2018-11-16 17:17:57
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Shifts in the age composition of the workforce coupled with dynamic definitions of retirement represent important issues that influence work processes and, more generally, the experience of working across one’s career. For example, redefinitions of careers and the changing nature of working have contributed to the emergence of distinct forms and patterns of work experiences across the prototypical work lifespan. Likewise, older individuals are increasingly delaying retirement in favor of longer-term labor force participation. The study of age and work, and work and retirement by industrial, work, and organizational (IWO) psychologists and scholars of human resources management and organizational behavior (HR/OB) has recently proliferated in part as a result of such trends, along with the recognition that age-related processes are important indicators of various proximal (e.g., job attitudes, work behaviors, work motives, and wellbeing) and distal outcomes (e.g., sustainable employability, climates for aging, and firm performance) at various levels of abstraction in modern work environments.Recent theoretical advances have suggested that age, along with individual psychological factors and various contextual influences can jointly influence work outcomes that contribute to long-term employment success, including work performance, job attitudes, work orientations, and motivations. Similar theoretical developments concerning retirement have postulated individual and contextual elements that drive success in the transition from career and work roles to non-work and leisure as well as post-retirement bridge employment roles.In this Research Topic, we aim to curate a collection of papers that are representative of current trends and advances in thinking about and investigating the role of age in workplace processes and the changing nature of retirement. Our hope is to showcase various contemporary ideas and rigorous empirical studies as a means to inform broader thinking and to support enhanced theorizing and organizational practice regarding these processes.

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