European Policy Analysis Volume 2, Number 1, Spring 2016 | Page 72

Policy and Decision to Retire in Central and Eastern European Countries for disability retirement. Hellemans and Closon (2013) found that, for older workers, fair acknowledgment and consideration and some psychosocial aspects such as an opportunity to participate are important. Virtanen et al. (2014) revealed the fact that employees with a good mental health status and a high work time control are twice more likely to work longer than the employees who had both psychiatric morbidity and poor work time control. High work time control associated with extended employment similarly among those who had a somatic disease and those who did not. Similar results were given by Robroek et al. (2015) in the study carried out in the Netherlands. Low job control was also related to unemployment and early retirement. Organizational policies. The analysis of the organizational policy is an institutional labor market feature, which has impact on the decision to work or retire. Harper et al. (2006) suggest that employers’ attitudes toward older workers are importantly influenced by the level of country development. It was indicated that the less developed countries have a stable supply of younger workers which makes their actual and perceived need for older workers obsolete. Davey (2008) also argues that employers’ attitude toward an older employer is the one of the most influential factors of early withdrawal from the labor market. The studies from Central and Eastern European countries show examples of the engagement of the employers into the elongation of working life of older employers. Domadenik, Redek, and Ograjenšek (2008) discovered that more than half of the Slovenian employers would like to keep their male and female employees over the legal retirement age under a regular job contract where legally possible. The organizational policies toward older people usually lay on the employers’ attitudes and stereotypes. These issues were widely analyzed by Western authors. Ulrich (2003) noticed that the discriminatory phrase about older workers stating that “you can’t teach an old dog new tricks” is common among employers. While firing staff employers usually chose the less productive older and younger employees. However, the question of productivity of the older workers can be expressed differently depending on the sector. A qualitative study performed by McNair, Flynn, and Dutton (2007) revealed that in small firms the age of employee does not matter: older workers have more skills, more work experience, and they are more loyal and more concerned about the interests of the client. On the other hand, older workers also have poor health and they do not accept new methods of performing a job. Discrimination against older workers arises due to their being stereotypes: older people are not productive and cost more for the employer than younger ones (Ghosheh 2008). Most employers do not consider the training of older people as useful, whereas the expected period of staying in the job for them is short. The findings of ArmstrongStassen (2008) suggest that human resource practices within organizations are important for the decision to work longer, especially for the decision of retirees to return to work. However, the relationship between age and productivity is not constant and changes over time (Ilmakunnas et al. 2010). If the individual work productivity is defined through experience, motivation, mental, and physical abilities, it is clear that these aspects are changing during different life stages. Experience is accumulated through the work career; however, the physical strength and health tend to decline. Therefore, the work productivity in older age may even increase depending on factors such as 72