Arbeitspapier

The Relationship Between Establishment Training and the Retention of Older Workers: Evidence from Germany

In the coming years, a substantial portion of Germany's workforce will retire, making it difficult for businesses to meet human capital needs. Training older workers may be a successful strategy for managing this demographic transition. This study examines relationships between establishment training programs, wages, and retirement among older men and women. Using unique matched establishment-employee data from Germany, the authors find that when establishments offer special training programs targeted at older workers, women – and especially lower wage women – are less likely to retire. Results suggest this relationship may be due to greater wage growth. For men, findings suggest establishment offer of inclusion in standard training programs may improve retention of low wage men, but analysis of pre-existing differences in establishment retirement patterns suggests this relationship may not be causal. Our research suggests targeted training programs likely play an important role in retaining and advancing careers of low wage older women.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 9508

Klassifikation
Wirtschaft
Demand and Supply of Labor: General
Human Capital; Skills; Occupational Choice; Labor Productivity
Retirement; Retirement Policies
Thema
workforce training
retirement
establishment training

Ereignis
Geistige Schöpfung
(wer)
Berg, Peter B.
Hamman, Mary K.
Piszczek, Matthew
Ruhm, Christopher J.
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Berg, Peter B.
  • Hamman, Mary K.
  • Piszczek, Matthew
  • Ruhm, Christopher J.
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2015

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