Idiosyncratic Deals for Older Workers: Increased Heterogeneity Among Older Workers Enhance the Need for I-Deals

P. Matthijs Bal () and Paul G. W. Jansen
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P. Matthijs Bal: University of Bath
Paul G. W. Jansen: VU University Amsterdam

Chapter Chapter 8 in Aging Workers and the Employee-Employer Relationship, 2015, pp 129-144 from Springer

Abstract: Abstract This chapter discusses how idiosyncratic deals (I-deals) can be negotiated by older workers and their organizations to increase the motivation and performance of older workers. Because work-related preferences of older workers tend to be more heterogeneous than those of younger workers, I-deals are in particular suited to the needs and preference of older workers. More specifically flexibility and development I-deals can help older workers stay motivated and productive throughout their careers. I-deals are defined as the idiosyncratic agreements employees negotiate with their employer about their work arrangements. I-deals benefit both employee and organization, such that the employee obtains a better work-life balance, and is able to develop, while the organization benefits from higher productivity and retention of valuable employees. I-deals have been shown to be crucial in motivating employees to work beyond their retirement age. The chapter concludes with boundary conditions for the effects of I-deals on motivation, productivity and health, and suggestions for future research.

Keywords: Sickness Absence; Human Resource Management; Work Arrangement; Work Engagement; Young Worker (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-08007-9_8

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DOI: 10.1007/978-3-319-08007-9_8

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