Hanging on to wisdom of the “old”: Important role for HR in retention strategies
Human Resource Management International Digest
ISSN: 0967-0734
Article publication date: 13 June 2016
Abstract
Purpose
The purpose of this paper is to shed light on developments in Norwegian companies’ active ageing policies, and hence offer insight into what characterizes those Norwegian companies offering measures to retain their older workers.
Design/methodology/approach
The research questions are investigated using data from two surveys carried out among a representative sample of Norwegian companies in 2005 and 2010. The two data sets are analyzed both separately and jointly, being merged to obtain a pooled cross-section data set. Both multivariate logistic and linear regression are applied.
Findings
The proportion of companies in Norway offering retention measures, as well as the extensiveness of their retention efforts (the number of different measures offered), has increased considerably from 2005 to 2010. What characterizes these companies however are surprisingly similar in 2005 and 2010. Their retention efforts seem to be part of a holistic approach to active ageing. Offering a number of different retention measures is more common among companies having initiated “measures to facilitate lifelong learning” and “measures to prevent health problems or reduced work capacity”.
Originality/value
The employers’ perspective has received little attention in previous research and the authors are the first to report on developments in Norwegian companies’ retention efforts over time. Knowledge about what characterizes employers offering such measures will be important for future efforts to increase employments rates among older workers, which is an aim for most European countries.
Keywords
Acknowledgements
Retraction notice
The Publisher wishes to retract the precis article “Hanging on to wisdom of the ‘old’: Important role for HR in retention strategies”, published in Human Resource Management International Digest, Vol. 24 No. 4, 2016. It has come to the attention of Emerald Publishing that this precis article contains large sections of unattributed text taken from the original research article “Retaining older workers – analysis of company surveys from 2005 and 2010”, by Åsmund Hermansen, published in International Journal of Manpower, Vol. 36 No. 8, 2015.
Precis articles are intended to summarise original academic research articles for a different audience, and should not include verbatim passages from the original articles. This error occurred due to a miscommunication in the commissioning process.
To avoid any repeated incidents of this nature, Emerald has fully revised its guidelines and briefed its Commissioning Editors. Human Resource Management International Digest sincerely apologises to the original authors and its readers for this error. The original article can be viewed here: 10.1108/IJM-07-2014-0150.
Citation
Beal, B. (2016), "Hanging on to wisdom of the “old”: Important role for HR in retention strategies", Human Resource Management International Digest, Vol. 24 No. 4, pp. 11-13. https://doi.org/10.1108/HRMID-03-2016-0033
Publisher
:Emerald Group Publishing Limited
Copyright © 2016, Emerald Group Publishing Limited