Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
Bartleby Related Questions Icon

Related questions

Question

Describe some factors that influence the employment and retirement patterns of older men and women. Considering the primary sources of income for older adults, what are some gender and ethnic inequities in these sources that result in significant variations in financial adequacy among the older population?

What can government do to help workers who have lost their jobs and health insurance but are not yet old enough to retire? 

 

Expert Solution
Check Mark
Step 1

Based on employment patterns and terms of the contract, older women or men are expected to figure only a selected age when their bodies are within the right state and that they don't struggle to be productive
However, most girls and men who are of advanced age cop out for early retirement to require care of their health, which is in most cases deteriorating,

On the opposite hand, there are those elderly men and ladies who are of advanced age but prefer to remain working even in cases where their body conditions aren't favorable, There are several factors that influence employment and retirement patterns such as;

1. The health condition of the individual: Elderly people that struggle with terminal illnesses in most cases take early retirement

2. The income level of the individual: Individuals who earn more tend to be more curious about their jobs and thus stick with the utilization 

3. The dependency levels of the elderly employees: Elderly employees who are the only bread winner of their families and have many dependents tend to remain longer at their workplace to be ready to support their relations while those that don't have dependents

4. the character of the work environment: For cases where the working place is conducive, the elderly employees tend to increase their working period, while hostile environment draw them away even before retirement.

Knowledge Booster
Background pattern image
Operations Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Text book image
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Text book image
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Text book image
Business in Action
Operations Management
ISBN:9780135198100
Author:BOVEE
Publisher:PEARSON CO
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Text book image
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.