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Ageing Workforces and Challenges to Human Resource Management in German Firms

In: Human Resource Management in Ageing Societies

Author

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  • Uschi Backes-Gellner
  • Stephan Veen
Abstract
The aim of this paper is to provide an overview of the main challenges imposed by demographic change on the human resource management (HRM) policies of German companies. Although many more aspects of business are affected by demographic change, such as changes in consumption or in savings and investment and therefore in capital costs, we concentrate on changes in personnel policies prompted by an ageing workforce. We cover a wide range of HRM policies, starting with recruitment problems, moving on to training issues, wages and incentives, and end with problems concerning innovation and technological change.

Suggested Citation

  • Uschi Backes-Gellner & Stephan Veen, 2008. "Ageing Workforces and Challenges to Human Resource Management in German Firms," Palgrave Macmillan Books, in: Harald Conrad & Viktoria Heindorf & Franz Waldenberger (ed.), Human Resource Management in Ageing Societies, chapter 2, pages 13-28, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-58275-0_2
    DOI: 10.1057/9780230582750_2
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    References listed on IDEAS

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    1. Benoit Dostie, 2011. "Wages, Productivity and Aging," De Economist, Springer, vol. 159(2), pages 139-158, June.
    2. Boyan Jovanovic & Chung-Yi Tse, 2006. "Creative Destruction in Industries," NBER Working Papers 12520, National Bureau of Economic Research, Inc.
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    4. Steven Stern & Petra Todd, 2000. "A Test Of Lazear’S Mandatory Retirement Model," Virginia Economics Online Papers 391, University of Virginia, Department of Economics.
    5. Alexandra Spitz-Oener, 2006. "Technical Change, Job Tasks, and Rising Educational Demands: Looking outside the Wage Structure," Journal of Labor Economics, University of Chicago Press, vol. 24(2), pages 235-270, April.
    6. Lazear, Edward P, 1979. "Why Is There Mandatory Retirement?," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1261-1284, December.
    7. Judith K. Hellerstein & David Neumark, 2007. "Production Function and Wage Equation Estimation with Heterogeneous Labor: Evidence from a New Matched Employer-Employee Data Set," NBER Chapters, in: Hard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches, pages 31-71, National Bureau of Economic Research, Inc.
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    9. Boockmann, Bernhard & Zwick, Thomas, 2004. "Betriebliche Determinanten der Beschäftigung älterer Arbeitnehmer (Company determinants of the unemployment of older workers)," Zeitschrift für ArbeitsmarktForschung - Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 37(1), pages 53-63.
    10. Schneider, Hilmar & Stein, Dieter, 2006. "Personalpolitische Strategien deutscher Unternehmen zur Bewältigung demografisch bedingter Rekrutierungsengpässe bei Führungskräften," IZA Research Reports 6, Institute of Labor Economics (IZA).
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    13. Spitz, Alexandra, 2005. "The Effects of Changes in the Unemployment Compensation System on the Adoption of IT by Older Workers," ZEW Discussion Papers 05-40, ZEW - Leibniz Centre for European Economic Research.
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    15. Weinberg, Bruce A., 2004. "Experience and Technology Adoption," IZA Discussion Papers 1051, Institute of Labor Economics (IZA).
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    Cited by:

    1. Simone N. Tuor Sartore & Uschi Backes-Gellner, 2012. "Educational diversity and individual pay: The advantages of combining academic and VET graduates in the workplace," Economics of Education Working Paper Series 0078, University of Zurich, Department of Business Administration (IBW), revised Nov 2020.

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    More about this item

    Keywords

    Human Resource Management; Demographic Change; Ageing Society; Personnel Policy; Ageing Workforce;
    All these keywords.

    JEL classification:

    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • J1 - Labor and Demographic Economics - - Demographic Economics

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