2020
DOI: 10.1093/workar/waaa011
|View full text |Cite
|
Sign up to set email alerts
|

The COVID-19 Pandemic: Lessons for Financially Fragile and Aging Societies

Abstract: The current COVID-19 crisis teaches organizations and households harsh lessons about the necessity of having buffers, to deal with the consequences of the COVID-19 virus. The financial fragility of households and the rising proportion of people becoming obese calls for intensified efforts, both by individuals and employers to create financial buffers and keep on investing in health. The financial fragility of organizations is a wake-up call that a short-term focus on efficiency can be counterproductive and may… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

0
21
0

Year Published

2020
2020
2024
2024

Publication Types

Select...
7
1

Relationship

0
8

Authors

Journals

citations
Cited by 23 publications
(21 citation statements)
references
References 34 publications
0
21
0
Order By: Relevance
“…While "non-essential" workers are conducting more work virtually and with more flexible hours, other workers deemed "essential" are working in environments with new health and safety protocols and often with different demands and resources in place (e.g., with respect to physical equipment, coworker and customer contact). Even more workers have been furloughed or laid off altogether, with the need to turn to alternative forms of work to maintain income or, when feasible, resorting to early retirement (see Bui, Button, & Picciotti, 2020;Kanfer, Lyndgaard, & Tatel, 2020;van Dalen & Henkens, 2020).…”
Section: Myth #7: Members Of Younger Generations Are Disrupting Workmentioning
confidence: 99%
“…While "non-essential" workers are conducting more work virtually and with more flexible hours, other workers deemed "essential" are working in environments with new health and safety protocols and often with different demands and resources in place (e.g., with respect to physical equipment, coworker and customer contact). Even more workers have been furloughed or laid off altogether, with the need to turn to alternative forms of work to maintain income or, when feasible, resorting to early retirement (see Bui, Button, & Picciotti, 2020;Kanfer, Lyndgaard, & Tatel, 2020;van Dalen & Henkens, 2020).…”
Section: Myth #7: Members Of Younger Generations Are Disrupting Workmentioning
confidence: 99%
“… 3 In addition to the health challenges older people face daily, they often experience substantial financial difficulties compared with younger adults. 4 , 5 Recurring evidence indicates that being older and having underlying chronic diseases are significant risk factors for COVID-19. 2 Most older adults (65 years and older) face the issues of frailty and underlying health conditions, risk factors for high COVID-19 infection and deaths rates in this population.…”
Section: Introductionmentioning
confidence: 99%
“…Nonetheless, scholars have highlighted the role of individual related aspects (i.e., work ability, job importance, perception of threat) [ 27 , 28 , 34 , 44 ] and contextual related aspects (i.e., perceptions of discrimination, fewer hiring and reemployment opportunities, financial situation) [ 28 , 31 , 32 , 45 ] that might influence older workers’ intentions to exit the workforce.…”
Section: Resultsmentioning
confidence: 99%