Studentshare
Subjects
Miscellaneous
The impact of scraping of the retirement age on the management of HR in Organisations

The impact of scraping of the retirement age on the management of HR in Organisations - Essay Example

Add to wishlist

Summary

The literature review has been prepared to measure the impact of the United Kingdom Government’s policy of scrapping the retirement age on the management of Human Resource in organisations. On the 29th of July, 2010, the government of UK announced that by October 2011, the…

Download full paper File format: .doc, available for editing

GRAB THE BEST PAPER93.9% of users find it useful

The impact of scraping of the retirement age on the management of HR in Organisations

Read Text Preview

Subject: Miscellaneous
Type: Essay
Level: Undergraduate
Pages: 11 (2750 words)
Downloads: 3
Author: tremblayaddison

Extract of sample "The impact of scraping of the retirement age on the management of HR in Organisations"

Download file to see previous pages

(Age UK, 2010). The decision on this ground shows growing need of service from the Britons to carry on working, only if they are fit and healthy and continue their work. This move of the government was welcomed by personnel groups but the business leaders notified in a form of warning that this measure might leave the employers blank with regards to their planning for future. This is because they would not know about the exact timing of retirement of their employees so that they can prepare the succession plan (Beckford & Peacock, 2010).

The following literature review has been prepared to provide empirical evidence of the impact of such policy of the government to scrap the age of retirement. The evidence of this literature review has been collected from different articles and journals basically through secondary sources. According to Cadler (2010), scrapping or removal of the DRA will be one among the biggest alterations to employment law when it would come into being in the year of 2011. The author says that this reform will leave a number of unresolved problems for the employers.

This is because the rules regarding this policy will be very unclear to all the employees along with the employers. At the same time, it will be unclear to all the stakeholders of the organisation (Cadler, 2010). Skirbekk (2004) stated that recognizing the profiles of age-productivity, is a significant factor of the economic world at present. The government recognised this factor and thus the issue gained importance. Government focuses on the demographic and economic factors of the country that are changing.

Life expectancy is an important demographic indicator of the affect on economic growth of a country. This indicator influences the age structure of an economy. The government took the decision to scrap the retirement age because it is believed that individual productivity rises to its peak level at later stages of working life.

...Download file to see next pages Read More

Cite this document

APA
MLA
CHICAGO

(“The impact of scraping of the retirement age on the management of HR Essay - 1”, n.d.)
The impact of scraping of the retirement age on the management of HR Essay - 1. Retrieved from https://studentshare.org/miscellaneous/1574687-the-impact-of-scraping-of-the-retirement-age-on-the-management-of-hr-in-organisations

(The Impact of Scraping of the Retirement Age on the Management of HR Essay - 1)
The Impact of Scraping of the Retirement Age on the Management of HR Essay - 1. https://studentshare.org/miscellaneous/1574687-the-impact-of-scraping-of-the-retirement-age-on-the-management-of-hr-in-organisations.

“The Impact of Scraping of the Retirement Age on the Management of HR Essay - 1”, n.d. https://studentshare.org/miscellaneous/1574687-the-impact-of-scraping-of-the-retirement-age-on-the-management-of-hr-in-organisations.

Cited: 0 times

CHECK THESE SAMPLES OF The impact of scraping of the retirement age on the management of HR in Organisations

Organisational Approaches to the Design of Pay

Total Number of Words: 4,027 Introduction In general, failure on the part of the hr managers to retain competitive employees could lead to unnecessary cost associated with hiring new employees and training them to improve their expected work performance.... hellip; As a common hr knowledge, pay and reward system is considered as a significant part of improving employees' retention strategy.... As compared to the use of extrinsic rewards, it is easier to implement intrinsic rewards because hr managers can easily make it a habit to acknowledge the effort of each employee in making the organizational goal attainable rather than requesting the business owners and board of directors to increase the available fund which can be use to reward employees for any improvements in their work performance (Shamir et al....

16 Pages (4000 words) Essay

Age diversity and an ageing population in a new age management strategy

For the organisation, this would suggest a restructuring of retirement scheme, extending the retirement age for employees while others might continue with their phased retirement, caused by a not too stringent policy on retirement.... The HR function will have to synergize with the modification of the workplace that either rises the retirement age of its ageing employees and/or hires unemployed people and mothers, who have diverse needs and different job approaches....

9 Pages (2250 words) Essay

The Human Resources Function in an Organization

Changing composition in the global workforce brings a shift in human resource management.... One of the key roles of human resource management is to find new ways to motivate and reward employees.... Diversity in labour arises due to age, gender, and immigration population.... In Canada, the average age of the labour force was 32 in 1972, which has risen to 39 in 2000....

6 Pages (1500 words) Research Paper

Human Resources Management World Wide Fund For Nature ( WWF)

Human resource is by far an essential component of the WWF as well as other organisations in the charity business.... The positions in these organisations can be filled with people who are able and willing to take the available positions.... Most charitable organisations provide accurate and realistic skill specifications for the particular positions advertised.... The emphasis on the right candidates is because of the risk that charitable organisations undergo in fulfilling their duties....

18 Pages (4500 words) Essay

Is Empowerment is More about Coercion than Commitment

Taylor, an engineer, devised a plan to put the worker in his proper place and elevate the manager to his proper place and transferred the power of decision firmly into the hands of the management.... The author examines classical theories of Taylorism and Fordism which are generally seen as having been characterized by deskilling labor, monotonous labor processes, mass production, rising wages linked with productivity, the development of the welfare state and a central role for the trade unions … The new pattern of post-Fordism capitalism is notable by its new methods of production based on microelectronics, by its flexible working practices, and, significantly, a negligible role for trade unions, newly born individualism, reduced state intervention and evolving new relationships between production and consumption The worker can be said to be totally empowered to take almost manager like decisions and also be responsible for the consequences....

20 Pages (5000 words) Essay

Diversity Management - a Threat or Opportunity for Trade Unions

In this paper “Diversity management - a Threat or Opportunity for Trade Unions?... A threat is there, so, of dealing migrant workforce as threatening established workers - being used, however, to the alternative for appropriate diversity management by presenting a set talents supply at little cost.... rdquo; current situation in the immigrant labor market is described, the relevance of gender, age, and race stereotypes in individual professional niches and whether these employees can count on the help of trade unions....

10 Pages (2500 words) Term Paper

NHS Professionals

hellip; The study highlights the impact of remuneration strategy on employees as well as on an organization.... In the paper “NHS Professionals” the author discusses the improvement of the remuneration methods.... They may comprise of varied types such as bonuses, promotions or other profitable benefits....

14 Pages (3500 words) Research Paper

Demands and Contemporary Requirements of Vocational/Professional Practice

This report "Demands and Contemporary Requirements of Vocational/Professional Practice" sheds some light on the requirements of professional practice since most of the academic literature does not exhaustively provide information on this topic.... hellip; Older workers are encouraged to work for institutions since its thought that they have the necessary experience and professional expertise to propel success....

11 Pages (2750 words) Report