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.
|Title of host publication||23rd ANZAM Conference 2009|
|Subtitle of host publication||proceedings|
|Publisher||Australian and New Zealand Academy of Management|
|Number of pages||23|
|Publication status||Published - 2009|
|Event||Australian and New Zealand Academy of Management Conference (23rd : 2009) - Melbourne, Australia|
Duration: 1 Dec 2009 → 4 Dec 2009
|Conference||Australian and New Zealand Academy of Management Conference (23rd : 2009)|
|Period||1/12/09 → 4/12/09|
- older workers
- baby boomers
- skills shortages
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.