1887

n South African Journal of Labour Relations - Workforce and retirement age : modelling the impact of mandatory retirement age on the size of the workforce in tertiary sector organisations in South Africa

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Abstract

Optimal production in fulfilment of the core functions of tertiary sector organisations requires adequate numbers of skilled workers. The size of the workforce in any organisation at given times is affected by various forms of attrition. Mitigating against attrition in the workforce in an organisation can pose a challenge. One option is to raise mandatory retirement age but the impact this would have on the size of the workforce is largely unknown. This study provides a model for assessing the impact of retirement age on the future size of the workforce in tertiary sector organisations in South Africa. The data requirements for the application of the model as well as application to data are described. The dilemma posed by mandatory retirement age and implementation of affirmative action in South Africa is also discussed.

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/content/labour/35/2/EJC59654
2011-01-01
2016-12-04
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