Tuesday, November 29, 2016

Report Calls for Workplace Innovation To Stem Early Retirements

Following a three year study--led by Nottingham Trent University with Workplace Innovation Limited (see WORKKAGE website)--aimed at preventing the loss of vital knowledge, skills and experience of increasingly aging workforces, an interim report recommends that measures be taken by employers to ensure older workers don’t become demotivated and head into early retirement. Specifically, in "Active working lives through workplace innovation practices" "WORKAGE aims to demonstrate that targeted workplace interventions to improve job design and work organization can facilitate enhanced engagement and retention of older workers and produce wider benefits for the organization and its employees."

Among other things, the report calls for innovate workplace practices:
  • The interplay between workplace practices and participative process is central for workplace innovation and its dual aim of promoting productivity and quality of working life;
  • WORKAGE developed interventions around four elements of innovative practices: jobs and teams; organizational structures, management and procedures; employee-driven improvement and innovation; and co-created leadership and employee voice;
  • the report's conceptual framework is that experienced quality of job and workplace practices will increase three critical states (work engagement, workability, and occupational outlook), which will, in turn, influence intentions to retire.
  • Especially important for improved work engagement and in turn retirement intentions are: (1) practices that are supportive of co-created leadership and employee voice, (2) practices that are supportive of quality jobs and teams, (3) higher job control, and (4) reduced physical job demands.
Source: Nottingham Trent University Press Release (November 28, 2016)

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