What a difference a year makes

older workers and the global financial crisis

Helene Mountford

    Research output: Chapter in Book/Report/Conference proceedingConference proceeding contribution

    Abstract

    The downturn in the economy brought on by the global financial crisis (GFC), has caused many businesses to review their staffing levels. But unlike past recessions, large scale restructuring and retrenchments have been less common in favour of greater staff retention on changed employment conditions, such as non-standard hours. This move will be welcomed by one group of employees - older workers - who want more job flexibility and less responsibility or work pressure. While older workers have other demands on their time, it is now established that many also want or need to work. The changed work conditions give both older workers and employers greater flexibility, while retaining valuable workplace skills.
    Original languageEnglish
    Title of host publication23rd ANZAM Conference 2009
    Subtitle of host publicationproceedings
    EditorsNicholas Beaumont
    PublisherAustralian and New Zealand Academy of Management
    Pages1-23
    Number of pages23
    ISBN (Print)1863081577
    Publication statusPublished - 2009
    EventAustralian and New Zealand Academy of Management Conference (23rd : 2009) - Melbourne, Australia
    Duration: 1 Dec 20094 Dec 2009

    Conference

    ConferenceAustralian and New Zealand Academy of Management Conference (23rd : 2009)
    CountryAustralia
    CityMelbourne
    Period1/12/094/12/09

    Keywords

    • older workers
    • baby boomers
    • flexibility
    • participation
    • skills shortages

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  • Cite this

    Mountford, H. (2009). What a difference a year makes: older workers and the global financial crisis. In N. Beaumont (Ed.), 23rd ANZAM Conference 2009: proceedings (pp. 1-23). Australian and New Zealand Academy of Management.