1. The ageing workforce in HRM
Another issue is the fact that aged employees have a degree of wisdom and can be highly valued by an organisation. ... Aging is associated with higher labour costs and a higher level of absenteeism (Remery et al. 2001). ... Costs related to aging are also contributed by the result of inactivity, such as absenteeism. ... This approach not only has advantages for the employees themselves, but also for their employers and for society as a whole. ... As more and more employees retire, a large economic problem faces many organisations as well as the government. ...
- Word Count: 1304
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate