Welcome to Silver Innings Blog, Good Day

Powered by IP2Location.com

Saturday, August 8, 2009

Ageing and Employment Policies Project

In an era of rapid population ageing, many employment and social policies, practices and attitudes that discourage work at an older age have passed their sell-by date and need to be overhauled. They not only deny older workers choice about when and how to retire but are costly for business, the economy and society.

If nothing is done to promote better employment prospects for older workers, the number of retirees per worker in OECD countries will double over the next five decades. This will threaten living standards and put enormous pressure on the financing of social protection systems.

To help meet these daunting challenges, work needs to be made a more attractive and rewarding proposition for older workers.

First, there must be strong financial incentives to carry on working and existing, subsidised pathways to early retirement have to be eliminated.

Second, wage-setting and employment practices must be adapted to ensure that employers have stronger incentives to hire and retain older workers.

Third, older workers must be given appropriate help and encouragement to improve their employability.

Finally, a major shift in attitudes to working at an older age will be required on the part of both employers and older workers themselves.

This report makes an important contribution to establishing a new agenda of age-friendly employment policies and practices. It draws out the main lessons that have emerged from the 21 country reviews which have been published separately under the OECD’s series on "Ageing and Employment Policies/Vieillissement et politiques de l’emploi".

Get the report here: http://www.oecd.org/document/42/0,3343,en_2649_34747_36104426_1_1_1_1,00.html

No comments:

Blogsite Disclaimer

The content of this Blog, including text, graphics, images, information are intended for General Informational purposes only. Silver Innings Blog is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the site. While the information contained within the site is periodically updated, no guarantee is given that the information provided in this Web site is correct, complete, and up-to-date.The links provided on this Blog do not imply any official endorsement of, or responsibility for, the opinions, data, or products available at these locations. It is also the user’s responsibility to take precautionary steps to ensure that information accessed at or downloaded from this or linked sites is free of viruses, worms, or other potentially destructive software programs.All links from this Blog are provided for information and convenience only. We cannot accept responsibility for sites linked to, or the information found there. A link does not imply an endorsement of a site; likewise, not linking to a particular site does not imply lack of endorsement.We do not accept responsibility for any loss, damage or expense resulting from the use of this information.Opinions expressed by contributors through discussion on the various issues are not necessarily those of Silver Innings Blog.