Struggles of Older Workers at the Labour Market

Krajňáková, Emília; Vojtovič, Sergej

doi:10.14254/2071-789x.2017/10-1/23

Cited by 20 publications

(14 citation statements)

References 35 publications

(30 reference statements)

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“…As Boehm, Kunze, & Bruch (2014) state, they are interested in organizations that apply age-friendly HR practices. Due to accumulated knowledge and skills, older talents help younger colleagues to avoid specific mistakes by sharing their experience (Perrin, 2016) and knowledge (Krajňáková & Vojtovič, 2017) without any negative effects for knowledge management systems support caused by age features (Teeranantawanich & Phimolsathien, 2018). In other words, they contribute to the success of a company by being mentors for the younger talents.…”

Section: The Linkage Between Older Talents' Expectations and Managemementioning

confidence: 99%

Managing older talents in the context of aging society

Vilčiauskaitė¹,

Savanevičienė²,

Navickas³

2020

Economics &Amp; Sociology

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Talents are more important than ever for the successful performance of organizations. The workforce is aging rapidly, and this trend creates both additional challenges for the companies and opportunities for the new directions in the management research. In the context of aging society, there is a lack of studies that analyze career development of older workers and especially older talents. In order to manage talented older employees, companies must reveal and fulfil their expectations and thus further develop their careers. To do so, older talents in later life have the following options: career mobility, workplace mentorship, volunteering, or older entrepreneurship. In order to find what practices are being taken by companies of various business industries in Lithuania to manage older talents, qualitative research strategy was employed. As the main method for the data collection, semi-structured in-depth interviews were adopted. The findings revealed, the majority of the companies support the idea that all their employees are talents, without indicating one particular age group, e.g. older workers. The respondents indicated the most valuable benefits given by the older talents as well as the main challenges that older talents impose in the organization. Older talents have some specific needs in comparison with younger talents, especially in training (which denies one of stereotypes that older workers can't be trained), as well as the need to contribute into the success of the company) and working conditions (e.g. flexibility). When evaluating the practices that are applied specifically to older talents, the most commonly mentioned among the respondents were various mentorship programs.

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Section: The Linkage Between Older Talents' Expectations and Managemementioning

confidence: 99%

Managing older talents in the context of aging society

Vilčiauskaitė¹,

Savanevičienė²,

Navickas³

2020

Economics &Amp; Sociology

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“…However, some form of compensation for non-participation in GDP is remittances, which increase consumption in the source countries and thus contribute to the country's economic development. At the time of mass emigration for work abroad and under high unemployment conditions in most of Central and Eastern European countries, emigration was clearly rated as a positive phenomenon [7,20]. Since the unemployed worker at home did not participate in the GDP process, he also received unemployment benefits and gradually lost his skills and working habits.…”

Section: Teoretical Backgroundmentioning

confidence: 99%

Global Trends in the Labor Market and Balance of Losses and Benefits from Labor Migration

Krajňáková

Vojtovič

2020

SHS Web Conf.

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The study deals with the analysis of global labor market trends in the European Union countries under the influence of free movement and labor migration within the European Union. Named analyzes include defining trends in the emigration and immigration flows of the workforce among the countries of the European Union that apply the policy of migration and countries that are the source of labor emigration. On this basis, labor migration losses and benefits are assessed and their impact on GDP creation on the labor market, the state budget and other economic and social indicators for countries with a migration policy and for countries with a strong majority of labor migration flows abroad are examined. On this basis, the processes of creating imbalances in the European labor market, which are affected by the absence of balance sheets in the benefits and losses of labor migration for individual countries, are examined. The analyzes and investigations carried out have resulted in the definition and justification of the shift in the balance of losses and benefits of labor migration towards a predominance of benefits for countries with a migration policy and a prevalence of losses for countries with a strong dominance of labor migration flows abroad.

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“…The motives of human capital as an agent of the institutional environment are no longer those outdated views, in which only personal interests were prevalent and ensured. At the same time, the factor of increasing the elderly human capital becomes important (Krajňaková, 2017). There is a striving for compliance of actions and human behaviour with institutional norms and rules for improving one's own position in the institutional environment.…”

Section: Formation and Development Of The Institutional Platform Of Hmentioning

confidence: 99%

Institutional Platforms of the Transformation of the Economy

Tkach¹,

Kolomiiets²,

Radieva³

2019

BJES

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Institutional transformations in economies of countries are considered as the basis of their civilizational development. The concept was put forward that in order to ensure transformations in the economy, it is necessary to promote the formation of a specific set of institutional platforms – new institutes and institutions that will create an environment for the formation and development of a socially oriented market economic system of society. The main controversial components of the institutional platform include: institutional changes in the economy, the creation of the corporate sector, the development of human capital institutions. The purpose of the paper. The purpose of the study is to promote and reveal the essence of the formation of institutional platforms to ensure reforms of various components of a transformational economy. Methodology. Formation of institutional platforms of the transformational economy is investigated on the basis of the theory of institutional changes and such institutions of a market economy as property rights, the corporate sector, and human capital. Results. Institutional platforms of transformations are presented as continuous informal changes that are fixed in the formal institutional system of society in the form of legal acts, codes of conduct, and institutions designed to enforce them. It is substantiated that in order to ensure institutional transformations in the economy, it is necessary to form a dynamic institutional platform that determines the system of basic institutions. The process of formation and effective use of the institute of human capital is analysed, which becomes a priority for the economic development of the country’s potential. The presence of mature human capital predetermines the country’s economic potential and its strategic growth. The main content of the new economy is that human capital turns from a resource to the essence of development itself. An approach to developing an institutional platform for the development of human capital as a process of natural accumulation or the forced introduction of basic institutions capable of ensuring the emergence of new institutions or significantly modernizing existing rules is proposed. It is proved that transnational capital erases economic, political, and cultural national differences, forms a favourable global infrastructure, ensures the development of countries that define the basis of the world corporate economy. It is substantiated that, institutionally, a corporation creates a new type of economic relations, which are reflected in the rules and code of corporate behaviour. Institutional analysis created the conditions for developing a new approach to designing the trajectory of the development of the national economy on the grounds that the formation of a certain institutional system determines the trajectory of the further development of the state and world economy. Practical implications. Theoretical research should be the foundation of state policy in the management of the process of creating formal institutions as the basis of an institutional platform. This requires certain clarifications regarding the possible gap between the rules declared by the legislation and the mechanism for ensuring their observance, the basis for further research. Value/originality. The theoretical study is carried out personally by the authors of this scientific article.

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Struggles of Older Workers at the Labour Market

Cited by 20 publications

References 35 publications

Managing older talents in the context of aging society

Managing older talents in the context of aging society

Global Trends in the Labor Market and Balance of Losses and Benefits from Labor Migration

Institutional Platforms of the Transformation of the Economy

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