The relationship between employer‐provided training and the retention of older workers: Evidence from Germany |
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Authors: | Peter B BERG Mary K HAMMAN Matthew M PISZCZEK Christopher J RUHM |
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Institution: | 1. School of Human Resources and Labor RelationsMichigan State University;2. Department of EconomicsUniversity of Wisconsin – La Crosse;3. Department of Management and Human ResourcesUniversity of Wisconsin Oshkosh;4. Frank Batten School of Leadership and Public PolicyUniversity of Virginia |
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Abstract: | A substantial portion of Germany's workforce will soon retire, making it difficult for businesses to meet their human capital needs; training older workers may help to manage this demographic transition. The authors therefore examine the relationships between employer‐provided training programmes, wages and retirement among older workers. They find that when establishments offer special training programmes targeted at these workers, women – especially low‐paid women – are less likely to retire, possibly because of consequent wage growth. Their results suggest that such targeted training can indeed play an important role in retaining low‐wage older women and advancing their careers. |
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Keywords: | older worker training employment relationship wages retirement Germany |
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