Policy Adjustment as a Mediator between Older Workers Retention and Ageing Workforce. A Context for Action in Asia

  • Solomon Ozemoyah Ugheoke Department of Business & Accounting, Muscat College, Sultanate of Oman
  • Ruksana Banu Department of Business & Accounting, Muscat College, Sultanate of Oman
  • Munir Shehu Mashi Department of Business Management, Federal University Dutsin-ma, Katsina State, Nigeria
  • Muhammad Latif Khan Department of Business & Accounting, Muscat College, Sultanate of Oman

Abstract

Over the past decade, HR managers have been much concerned about the demographic changes and advised to take positive approaches to the management of organizations. These changes significantly cause population aging globally, resulting in economic and social challenges. This study aims to examine older workers’ retention, policy adjustment, and the aging workforce in Thailand. Purposive sampling was used to select a total of 520 respondents higher education institutions. We found that despite the call to retaining older workers, the majority of employers exhibit stereotypic attitudes, and finding it difficult to retain and attract older workers. Even though there have been initiatives toward discrimination legislation concerning older workers, however, policymakers should be proactive. Government should need to develop policies that would permit increased levels of older workers’ retention and create better competencies in achieving planned economic goals. Organizations need to adopt strategic approaches to age management and labor unions must show great commitment to the campaign against age discrimination.

Published
2021-06-30
How to Cite
UGHEOKE, Solomon Ozemoyah et al. Policy Adjustment as a Mediator between Older Workers Retention and Ageing Workforce. A Context for Action in Asia. Global Business Management Review, [S.l.], v. 13, n. 1, p. 57-78, june 2021. ISSN 2600-8416. Available at: <http://e-journal.uum.edu.my/index.php/gbmr/article/view/gbmr2021.13.1.4>. Date accessed: 07 dec. 2021. doi: https://doi.org/10.32890/gbmr2021.13.1.4.
Section
Articles