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Aging Workforces and Challenges to Human Resource Management in German Firms

Uschi Backes-Gellner and Stephan Veen

No 79, Working Papers from University of Zurich, Institute for Strategy and Business Economics (ISU)

Abstract: The aim of this paper is to provide an overview of the main challenges imposed by demographic change on the human resource management (HRM) policies of German companies. Although many more aspects of business are affected by demographic change, such as changes in consumption or in savings and investment and therefore in capital costs, we concentrate on changes in personnel policies prompted by an aging workforce. We cover a wide range of HRM policies, starting with recruitment problems, moving on to training issues, wages and incentives, and end with problems concerning innovation and technological change.

Keywords: Aging Workforce; Firm Demography; Human Resource Management (search for similar items in EconPapers)
JEL-codes: J1 M51 M54 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2007-12
New Economics Papers: this item is included in nep-age and nep-bec
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http://repec.business.uzh.ch/RePEc/iso/ISU_WPS/79_ISU_full.pdf (application/pdf)

Related works:
Chapter: Ageing Workforces and Challenges to Human Resource Management in German Firms (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:iso:wpaper:0079

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