During the 1980s the news media were filled with reports of soaring unemployment as 'downsizing' and `restructuring' became the new buzzwords. Firms managed their workforce reduction by increasing the attractiveness of their pension plans-especially their early-retirement plans. In this volume, the authors examine the U.S. auto industry and present a full-scale analysis of the work and retirement decisions of its workers. They address organizational context and the logic of financial incentives in employer-provided early retirement plans. The impact of pension provisions, layoffs, plant closures, attitudes about `generational equity', and other factors influencing the workers' evaluation of the optimum time to end their careers in the auto industry are explored.
- ISBN13 9780306453366
- Publish Date 30 September 1996
- Publish Status Active
- Publish Country US
- Publisher Springer Science+Business Media
- Imprint Kluwer Academic/Plenum Publishers
- Edition 1996 ed.
- Format Hardcover
- Pages 274
- Language English