Age structure at work community affects continued working

onsdag, 18 desember 2019

A work community that includes both young and old workers encourages workers to stay in working life longer, a study by the Finnish Centre for Pensions shows. The extensive study based on register data examined the effects of interactions between individuals and work communities on continued working.

The study follows the Finnish working population born between 1942 and 1950 between the ages of 53 and 68. The detailed register data allowed researchers to examine for the first time the interactions between individuals and workplace factors on continued working.

In addition to individual characteristics, the age and educational structure among the workforce as well as seniority-based wage systems affect continued working.

In firms with a greater diversity in the age structure of the workforce (including both young and older workers), workers continue to work longer than in firms with predominantly old workers.