abstract:

We study job retention rates – the shares of workers who continue to work in the same job over the next five years – in Czechia, Hungary, Poland and Slovakia. Job retention among older workers is key to prolonging careers and increasing employment of older people which in turn is a crucial challenge for these countries. We find that the retention rates among workers aged 55-59 are low as they amount to about a half of the retention rates among prime aged workers. Only in Poland the retention rates of older workers have increased for both men and women between 1998 and 2013. We find that the individuals least likely to retain their jobs after the age of 60, were women, those with lower educational level, those in agriculture or industry, in lower-skilled occupations, and those living with a non-working partner. Our research implies that the policies aimed at encouraging job retention in Central and Eastern Europe should focus on these groups of workers.

keywords: job retention, retirement, transition to retirement, bivariate probit

JEL codes: , ,

publication year: 2016

language : English

thematic categories :

publishing series : IBS Working Paper

publication number : 11/2016

ISSN : 2451-4373

additional information: We thank the participants of the 2016 NTA-11 conference in Senegal for their insightful comments. This paper was financially supported by the Network for Jobs and Development initiative under the auspices of the World Bank. Eurostat has no responsibility for the results and conclusions which are those of the authors. Usual disclaimers apply. All errors are ours.

authors:
Iga Magda

Institute for Structural Research (IBS)

Aneta Kiełczewska

Institute for Structural Research (IBS)

Wojciech Hardy

Institute for Structural Research (IBS)

Piotr Lewandowski

Institute for Structural Research (IBS)

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