David W. DeLong
- Published in print:
- 2004
- Published Online:
- September 2007
- ISBN:
- 9780195170979
- eISBN:
- 9780199789719
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195170979.003.0003
- Subject:
- Business and Management, Knowledge Management
This chapter uses a knowledge typology to describe different characteristics of lost knowledge and their impacts on business performance. It shows how increased retirements interact with recruiting ...
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This chapter uses a knowledge typology to describe different characteristics of lost knowledge and their impacts on business performance. It shows how increased retirements interact with recruiting problems and increased mid-career turnover to threaten workforce capabilities. Five knowledge retention barriers are described, which undermine efforts to address aging workforce challenges.Less
This chapter uses a knowledge typology to describe different characteristics of lost knowledge and their impacts on business performance. It shows how increased retirements interact with recruiting problems and increased mid-career turnover to threaten workforce capabilities. Five knowledge retention barriers are described, which undermine efforts to address aging workforce challenges.
Brigitte Madrian, Olivia S. Mitchell, and Beth J. Soldo
- Published in print:
- 2007
- Published Online:
- September 2007
- ISBN:
- 9780199230778
- eISBN:
- 9780191710971
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199230778.003.0004
- Subject:
- Business and Management, Pensions and Pension Management
This chapter assesses Baby Boom retirement prospects, comparing the outlook for this cohort with experiences of previous generations. The impact of aging is assessed using the Social Security's Model ...
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This chapter assesses Baby Boom retirement prospects, comparing the outlook for this cohort with experiences of previous generations. The impact of aging is assessed using the Social Security's Model of Income in the Near Term and project retirement incomes for a representative group of individuals born between 1926 and 1965. Results indicate that Baby Boomers can expect to have higher real incomes and lower poverty rates in retirement than current retirees. However, the gains in family income are not equally distributed: for instance, never-married Boomer women will be relatively better off while high school Boomer dropouts will be relatively worse off than current retirees. Boomers' post-retirement incomes are not predicted to rise as much as pre-retirement incomes. Additionally, certain population subgroups will remain economically vulnerable, including divorced women, never-married men, Hispanics, high school dropouts, those with weak labor force attachments, and those with the lowest lifetime earnings.Less
This chapter assesses Baby Boom retirement prospects, comparing the outlook for this cohort with experiences of previous generations. The impact of aging is assessed using the Social Security's Model of Income in the Near Term and project retirement incomes for a representative group of individuals born between 1926 and 1965. Results indicate that Baby Boomers can expect to have higher real incomes and lower poverty rates in retirement than current retirees. However, the gains in family income are not equally distributed: for instance, never-married Boomer women will be relatively better off while high school Boomer dropouts will be relatively worse off than current retirees. Boomers' post-retirement incomes are not predicted to rise as much as pre-retirement incomes. Additionally, certain population subgroups will remain economically vulnerable, including divorced women, never-married men, Hispanics, high school dropouts, those with weak labor force attachments, and those with the lowest lifetime earnings.
Robert L. Clark and Olivia S. Mitchell (eds)
- Published in print:
- 2005
- Published Online:
- February 2006
- ISBN:
- 9780199284603
- eISBN:
- 9780191603013
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199284601.001.0001
- Subject:
- Economics and Finance, Financial Economics
This book explores how rising pension and healthcare costs, along with workforce aging, are affecting pension and retirement planning around the world. Many middle-aged workers now realize that they ...
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This book explores how rising pension and healthcare costs, along with workforce aging, are affecting pension and retirement planning around the world. Many middle-aged workers now realize that they will have to work longer than intended, as they begin to recognize that their retirement resources will not be inadequate to finance retirement consumption. Volatile capital markets, rising medical-care costs, and low saving rates make retirement behaviour and policy a moving target. This book explores these themes, touching on a diverse set of issues ranging from employment trends to pension accounting and investment, to retirement system overhaul. It illustrates how employers are actively reformulating the meaning of work and retirement, seeking to encourage more people to work longer than ever before in the face of projected labour shortages. At the same time, public and private trust in traditional pension offerings is rapidly eroding, as companies alter, amend, and terminate their conventional plans in the face of poor investment performance and new methods of pension accounting.Less
This book explores how rising pension and healthcare costs, along with workforce aging, are affecting pension and retirement planning around the world. Many middle-aged workers now realize that they will have to work longer than intended, as they begin to recognize that their retirement resources will not be inadequate to finance retirement consumption. Volatile capital markets, rising medical-care costs, and low saving rates make retirement behaviour and policy a moving target. This book explores these themes, touching on a diverse set of issues ranging from employment trends to pension accounting and investment, to retirement system overhaul. It illustrates how employers are actively reformulating the meaning of work and retirement, seeking to encourage more people to work longer than ever before in the face of projected labour shortages. At the same time, public and private trust in traditional pension offerings is rapidly eroding, as companies alter, amend, and terminate their conventional plans in the face of poor investment performance and new methods of pension accounting.
