Organisational factors influencing the application of age management

Urbancová, Hana; Fajčíková, Adéla

doi:10.24052/jbrmr/v14is01/art-01

Cited by 2 publications

(3 citation statements)

References 13 publications

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“…Urbancova and Fajcikova (2019) concluded that significant variations in age exist in various fields of study. Being older is perceived as a positive differentiator.…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Financial Literacy, Generation, and Socioeconomic Factors on Financial Risk Tolerance: An African American Study

Young

2023

The Review of Black Political Economy

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Previous research that considered African Americans as a homogenous group has determined that they are reluctant to invest in equities and corporate debt bonds, resulting in lost opportunities to build wealth. This study explored financial literacy, age and generational cohort identity, and socioeconomic factors as possible limitations to African Americans’ engagement in financial markets to build wealth. Financial risk tolerance is usually measured using three basic approaches: (a) assessing investment portfolio assets; (b) assessing responses to subjective questions; and (c) assessing responses to hypothetical questions with specific scenarios. The third approach was utilized in this study by conducting a multidimensional risk analysis with a 13-item assessment that addressed the constructs of investment risk, risk comfort and experience, and speculative risk. African Americans appear to be no different from any other group of Americans when provided with education to improve their financial literacy and financial risk tolerance levels, which are critical for reaching long-term wealth goals.

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“…Urbancova and Fajcikova (2019) concluded that significant variations in age exist in various fields of study. Being older is perceived as a positive differentiator.…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Financial Literacy, Generation, and Socioeconomic Factors on Financial Risk Tolerance: An African American Study

Young

2023

The Review of Black Political Economy

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“…Due to the global demographic trend of increasing the age of the population and the growing number of people in the 50+ category, it is necessary to adopt measures that take age into account on the social level and also in the process of organizational management. These measures are collectively referred to as age management [13].…”

Section: Aging Population and Age Diversity Of The Workforcementioning

confidence: 99%

“…Such organizations can respond to the needs of the internal and external environment. In both environments they are transparent and they adapt to changes in demographic development [13].…”

Section: Motivation In the Context Of Age Managementmentioning

confidence: 99%

Globalization and its impact on employee motivation

Štalmachová

Strenitzerová

2021

SHS Web of Conf.

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Research background: The globalization affects the labour requirements. Therefore, it is important to distinguish, for example, the composition of the workforce in terms of age. The ageing population is a global problem and labour shortages in the labour market force employers to address the diversity of the age structure of their current as well as potential employees. Purpose of the article: The goal of the article is to compare the importance of motivational factors of different age groups of employees. The conclusion of the article also compares the significance of factors in terms of the age structure of employees. Methods: In the article, the method of analysis of available resources was used. Then the method of synthesis was used in finding out the connection between the resources. The sample of employees is divided into groups according to age categories. By using factor analysis, the factors affecting them are identified for each age group of employees. Primary research, as a basis for factor analysis, was carried out using a questionnaire. Findings & Value added: Motivation is one of the key elements of human resource management. It can contribute to increasing employee performance and satisfaction. It is essential to the effective functioning of each organization and achievement of strategic goals. By knowing the preferences and values of employees, the article can bring recommendations for improving the current motivation systems in organizations. This can contribute to the efficient use of employers´ money they spend on employee benefits.

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Organisational factors influencing the application of age management

Cited by 2 publications

References 13 publications

The Impact of Financial Literacy, Generation, and Socioeconomic Factors on Financial Risk Tolerance: An African American Study

The Impact of Financial Literacy, Generation, and Socioeconomic Factors on Financial Risk Tolerance: An African American Study

Globalization and its impact on employee motivation

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