Selection of appropriate age management measures using multi-criteria decision-making methods with interrelationships

Jiří Franek and Terezie Krestová

International Journal of Multicriteria Decision Making, 2023, vol. 9, issue 4, 351-378

Abstract: Age management is an approach that reflects the age of employees to support organisation performance. Organisations set age management goals and try to achieve them through specific measures. To effectively apply age management, it must be aligned with the general and human resource strategy of organisations. A limitation in the implementation of age management can be found in the procedure that is vaguely described in the available literature. This paper proposes a new application of multi-criteria decision-making (MCDM) methods in the field of age management to evaluate age management goals and select the most preferred measures for a specific organisation. To evaluate age management measures, we applied AHP, ANP, and WINGS multi-criteria decision-making methods. The evidence suggests that the relationships among measures are complex, and that the application of matrix-based MADM methods is beneficial. However, the ranking of alternatives estimated by the AHP, ANP, and WINGS was identical.

Keywords: age management; human resource management; analytic hierarchy process; analytic network process; ANP; weighted influence nonlinear gauge system; WINGS; multi-criteria decision-making; MCDM. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmcdm:v:9:y:2023:i:4:p:351-378

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