Ending a Career in the Auto Industry “30 and Out”

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Synopsis

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.

Book details

Edition:
1996
Series:
Springer Studies in Work and Industry
Author:
Melissa A. Hardy, Lawrence Hazelrigg, Jill Quadagno
ISBN:
9780585343495
Related ISBNs:
9780306453366
Publisher:
Springer US
Pages:
N/A
Reading age:
Not specified
Includes images:
No
Date of addition:
2020-12-13
Usage restrictions:
Copyright
Copyright date:
1996
Copyright by:
N/A 
Adult content:
No
Language:
English
Categories:
Business and Finance, Nonfiction, Politics and Government, Sociology