Company policies regarding elderly workers

Improving Know-How Transfer between Young and Old

A survey in manufacturing and its affiliated industries shows that companies typically cultivate a favorable attitude toward their elderly employees. The appreciation increases with the share of workers 50+ in the workforce. In companies in which a negative attitude prevails, it is unclear whether it stems from personal experience or common prejudice. Whatever the dominant attitude, it has considerable influence on companies’ human resource policies. In regard to the integration of 50+ workers into internal procedures companies focus on their motivation and willingness. Presently, the most common policies for employees aged 50 and above are those which aim to ensure or improve the know-how transfer between older and younger workers.

More articles on the topic

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EIRO/EWCO Kurzartikel
No. 1 from May 20, 2010
Manufacturing companies show positive attitude towards older workers
A survey of manufacturing and affiliated industries shows that companies cultivate a favourable attitude towards their older workers, which improves as the number of workers aged 50 years and over rises.
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IW-Newsletter
No. 1 from January 4, 2010
Employment Prospects of Elderly Engineers: Employers Have to Adapt Human Resource Policies
Engineers play a significant role in strengthening and sustaining the competitiveness of German manufacturing companies. Yet more than half of these firms employ engineers 50 years and older who will retire within the next 15 years.
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IW-Newsletter
No. 2 from May 25, 2011
The Balance of Flexibility and Stability: A New Management Style
According to the IW-Survey on the Balance between Flexibility and Stability most companies cultivate a management style that simultaneously aims to flexibilize and stabilise employment relations as well as work processes.
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IW-Newsletter
No. 5 from September 1, 2010
Company Survey on Work-Life-Balance 2010: Firms Become Family-friendly
Four out of five German companies pay high attention to the issue of reconciling work and family life, in particular those companies in which the management has a decidedly family-friendly attitude.
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IW-Newsletter
No. 3 from May 20, 2010
The balance between welfare dependency and work in Germany: Almost Fifty-Fifty
In 2007, economic growth and the effects of the previous labor market reforms have improved the balance between those in work and those on welfare or social security benefits.
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IW-Newsletter - No. 3 from May 20, 2010
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Quarterly English Summaries of IW Studies.

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The balance between welfare dependency and work in Germany

Almost Fifty-Fifty

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