Age Management Practices and Benefits in Organisation: An Evaluation of the Effect of Economic Sector, Organisation Size, and Family Business Status
Pubblicato online: 10 ott 2024
Pagine: 83 - 99
Ricevuto: 26 gen 2024
Accettato: 11 giu 2024
DOI: https://doi.org/10.2478/bsrj-2024-0019
Parole chiave
© 2024 Terezie Krestová et al., published by Sciendo
This work is licensed under the Creative Commons Attribution 4.0 International License.
Background
The ageing of the population impacts all areas and is also a challenge for human resources management. To solve this issue, age management practices are used in organisations. To get the best potential out of everyone, this concept should not only involve older employees but should be focused on all of them. Choosing the right practice to get the desired results is a task for managers.
Objectives
The paper aims to determine whether the sector of the economy, the size of the organisation, or the family business status plays a role in determining age management practices and observed benefits.
Methods/Approach
Using a questionnaire survey, the most commonly used practices and the observed benefits were identified. Using the chi-square test, differences in chosen categories were confirmed.
Results
It can be stated that choosing age management practices is influenced by the economic sector, and the size of the organisation influences observed benefits.
Conclusions
The results can guide organisations on which practices to choose and what benefits to expect from implementing age management practices.