Sign In
Not register? Register Now!
Essay Available:
Pages:
2 pages/β‰ˆ550 words
Sources:
3 Sources
Style:
Other
Subject:
Social Sciences
Type:
Other (Not Listed)
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 8.64
Topic:

The Work to Retirement Transition

Other (Not Listed) Instructions:

For a variety of reasons, the transition from work to retirement is changing as the needs of workers and societies change. In this discussion, you will be looking at the varied needs of older workers and the options available to them at the end of their careers. Provide responses for the following prompts:
Explain what Labor Force Participation is and how it can be influenced by:
Gender
Race
Education
Health
Present at least three reasons why an older worker may want to delay retirement.
Explain how society benefits when older workers delay retirement.
In the context of delaying retirement and transitioning to retirement in a different way, what are the flexible work options that may be available to older workers?
Review the video Investment in Older Workers Turns a Big Profit (Links to an external site.)
According to the video, how does the hiring of older workers benefit the employer, Vitaneedle?
According to the video, how do the older workers benefit from their employment at Vitaneedle?
Review the video Teens Lose Important Summer Jobs as Older Workers Fill Spots (Links to an external site.)
According to the video, when older workers need to stay in employment and are successful in doing so, what affect can that have on young workers at career entry points?
How can employers and the Government support older worker employment and also ensure their initiatives aren’t detrimental to younger worker employment? What social policy options are there to ensure both vulnerable groups “win”?
https://youtu(dot)be/NujnD1tykkY
https://youtu(dot)be/-SLTMVfU_5w

Other (Not Listed) Sample Content Preview:

Work to Retirement Transition
Student’s Name
Institution
Course
Date
Work to Retirement Transition
Labor force participation is a term used to describe the number of human resources that are partaking in the production of goods and services in an economy. The labor force participation rate is used to represent the percentage of those working or are actively looking for a job (Hipple, 2016). Demographic and social factors such as health, education, gender, and race impact labor force participation.
Gender equality in the workforce has been a major focus for sustainable development. However, the participation of the female gender in the labor force is generally low across the globe due to the labor structure that mainly focuses on the male gender (IMF, n.d.). Health has a positive correlation with labor force participation, in that ill-health can significantly lower the rate of labor force participation whereas good health increase the number of active labor force participants. The level of education determines the number of skilled and unskilled persons entering the labor force. The increase in education is proportional to lower rates of unemployment and higher wages in the workforce (U.S. Bureau of Labor Statistics, n.d.). Labor force participation is also impacted by race and ethnicity, with the people of color who often fall victim to institutional racisim posting significantly lower numbers in the labor force (Congressional Budget Office, 2018).
Older people might delay retirement to continue earning a living. Older workers experience a lot of stress and loneliness staying home with no formal job. This forces them to delay their retirement and maintain their social connection with fellow workers. Older workers find it extremely fulfilling to be of use in society or be part of an entity that is making a difference in society. Society stands to benefit from a higher rate of labor force participation when old workers remain in the labor force. There are social issues attributed to lack of employment such as poverty, depression, and even loss of lives that the older workers can be subjected to in the case of retirement. Society can evade these social issues by allowing the old workers to prolong their retirement. Workplaces can include amenities that offer care to the old people within the workplace to cater to their social needs and flexibility to old workers. Workplaces can also allow them to...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
Order

πŸ‘€ Other Visitors are Viewing These Other Other (Not Listed) Samples: