participation of elderly people into labour market: possibilities, attitudes and motivation case of...
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![Page 1: Participation of Elderly People into Labour Market: Possibilities, Attitudes and Motivation Case of Lithuania Prof.dr. Leta Dromantienė Mykolas Romeris](https://reader035.vdocuments.mx/reader035/viewer/2022062909/5a4d1bb37f8b9ab0599cd54b/html5/thumbnails/1.jpg)
Participation of Elderly People into Labour Market: Possibilities,
Attitudes and Motivation Case of Lithuania
Prof.dr. Leta DromantienėMykolas Romeris University
Vilnius, Lithuania
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Main data
2012• 3 199 771 inhabitants;• 20.4 % over 60 years old• Unemployment rate – 14.5 %• Inflation – 2.5 %• GDP growth – 3.9
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Employment rate:15-64: 63.6%50-69: 49.6%
75,30%
67,30%
31%
10,70%
0,00%
10,00%
20,00%
30,00%
40,00%
50,00%
60,00%
70,00%
80,00%
50-54 55-59 60-64 65-69
Employment rate %
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Social assistance to unemployed
Passive means:• social assistance benefits;• early retirement pensions;• disability pensions, etc.,Active means:• knowledge updating and requalification
courses, etc.
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Reasons for the ageing of the work force
• Baby boom after the second world war;• The low birth rates began in1980s------------------------------------------------------• The low participation rates of ageing
workers;• Declining labour supply
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Expected proportion of two different age groups of workers (15–24 years, and 50–64 years) from the entire workforce (15-66 years) in the EU over the next 25 years.
Ilmarinen J E Occup Environ Med 2001;58:546-546
©2001 by BMJ Publishing Group Ltd
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Main conclusions from EU statistics on ageing
• There will be more potential aging (50 years and over) workers in the work force than ever before
• Workers aged 50 years and older will comprise the largest proportion (> 30%) of the work force during the next 25 years
• There will be fewer younger workers (25 years and younger) in the work force than ever before
• The work force participation rates of workers 55 years of age and over is declining greatly
• The age dependency ratios will increase greatly during the next 15–25 years
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Motivation of elder employees to stay in labour market in Lithuania
• 70 % - need update knowledge• 52 % - need flexible time table• 51% - need better working conditions;• 78.8 % - financial need is the most
important factor;• 14.3% - work because want to increase
retirement pension;• 5.5% - work because of not financial
reasons and for self-expression;• 48.9 % - social interests
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The main reasons of elder people declining participation in labour market
• Lack of open-mindedness and receptivity to innovations;
• More complicated adaptability to changes;• Worsen health according with age;• Stereotypes in society;• Increasing supply of specialists and
competition among them
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Possible measures
• learning at work place;• health care, risk prevention at work place;• personal employment plan;• consultations;• subsidy of employers;• change attitudes in society towards ageing
of employees
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Thank you for your attention !