Ending a Career in the Auto Industry ỚS30 and OutỚ<U+00fd> /

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 th...

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Bibliographic Details
Main Authors: Hardy, Melissa A. (Author), Hazelrigg, Lawrence. (Author), Quadagno, Jill. (Author)
Corporate Author: SpringerLink (Online service)
Format: Electronic
Language:English
Published: Boston, MA : Springer US, 1996.
Series:Springer Studies in Work and Industry
Subjects:
Online Access:View fulltext via EzAccess
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505 0 # |a Internal Labor Markets, Plant Closings, and Retirement -- Some Matters of Context -- The Financial Structure of Early-Retirement Pensions -- Predicting Early Retirement -- Discussing Options in an End-Game -- Solidarity and ỚSGenerational EquityỚ<U+00fd> -- Aspects of Postretirement Satisfaction -- Inducing Early Retirement: Some Conclusions in Perspective. 
520 # # |a 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. 
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