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Stephan Alexander Boehm, Heike Simone Schröder & Florian Kunze

In: The SAGE Handbook of Aging, Work and Society

Chapter 12: Comparative Age Management: Theoretical Perspectives and Practical Implications

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Comparative Age Management: Theoretical Perspectives and Practical Implications
Comparative age management: Theoretical perspectives and practical implications
StephanAlexanderBoehm, HeikeSimoneSchröder, and FlorianKunze
Introduction

The average age of the population will increase substantially in most industrialized countries over the next 50 years due to increasing life-expectancies and decreasing fertility rates (OECD, 2006). This demographic change has negative implications on the sustainability of social security systems, on the availability of adequately-qualified labor (Auer and Fortuny, 2000; Börsch-Supan, 2002) and on economic growth (Feyrer, 2007). Demographic change also confronts organizations with various challenges, including the simultaneous retirement of large groups of employees (stemming from the baby boomer generation), a potential lack of skilled job candidates, as well as an increase in the average age of the workforce (Dychtwald, Erickson and Morison, 2004).

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