Who Among White Collar Workers Has an Opportunity For Phased Retirement? Establishment Characteristics

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IZA Seminar

Place: Schaumburg-Lippe-Str. 9, 53113 Bonn

Date: 15.04.2003, 12:15 - 13:30

   

Presentation by 

Robert M. Hutchens (Cornell University)
   

Abstract:

This paper uses a new survey of employers to examine how and why establishments differ in their willingness to permit an older full-time white-collar worker to take phased retirement. Phased retirement means that an older worker remains with his or her employer while gradually reducing work hours and effort. Although large numbers of older workers express an interest in phased retirement, actual occurrences are rare. This leads to the suspicion that employers limit opportunities for phased retirement. The survey indicates that employers are often willing to permit phased retirement, but primarily as an informal arrangement. The results also indicate that opportunities for phased retirement are greater in establishments that employ part-time white-collar workers, allow job sharing, and have flexible starting times. Opportunities tend to be more limited in establishments where white collar workers are unionized, and where the establishment is part of a larger organization.

   
   
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