Ending a Career in the Auto Industry
ISBN:
9781475770452
Auflage:
Softcover reprint of the original 1st ed. 1996
Verlag:
Springer, Springer US
Land des Verlags:
Deutschland
Erscheinungsdatum:
23.04.2013
Reihe:
Springer Studies in Work and Industry
Format:
Softcover
Seitenanzahl:
274
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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.
