During the 1980s the news media were filled with reports of soaring unemployment as 'downsizing' and restructuring' became the new buzzwords. Firms managed their workforce reduction by increasing the attractiveness of their pension plans-especially their
early-retirement plans. In this volume, the authors examine the U.S. auto industry and present a full-scale analysis of the work and retirement decisions of its workers. They address organizational context and the logic of financial incentives in employer-provided early retirement plans. The impact of pension provisions, layoffs, plant closures, attitudes about generational equity', and other factors influencing the workers' evaluation of the optimum time to end their careers in the auto industry are explored.
| Author: Melissa A. Hardy |
| Publisher: Springer |
| Publication Date: Apr 23, 2013 |
| Number of Pages: 274 pages |
| Binding: Paperback or Softback |
| ISBN-10: 1475770456 |
| ISBN-13: 9781475770452 |