Job retention among older workers in Central and Eastern Europe

24 January 2017

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
Publications category: 
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.

Published in:

Baltic Journal of Economics 18 (2), 2018.

Projects related to this publication:

Institute for Structural Research (IBS), Warsaw School of Economics (SGH)

Institute for Structural Research (IBS)

Institute for Structural Research (IBS), Faculty of Economic Sciences and Digital Economy Lab (DELab), University of Warsaw

Institute for Structural Research (IBS)

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