Does Employing Older Workers Affect Workplace Performance?

38 Pages Posted: 23 Sep 2019

See all articles by Alex Bryson

Alex Bryson

UCL; National Institute of Economic and Social Research (NIESR)

John Forth

National Institute of Economic and Social Research (NIESR)

Helen Gray

Institute for Employment Studies (IES)

Lucy Stokes

National Institute of Economic and Social Research (NIESR)

Abstract

Focusing on private sector workplaces in Britain, we investigate whether the employment of older workers has implications for workplace performance. We find no significant association between changes in the proportion of older workers employed and changes in workplace performance. We find some evidence that workplace labour productivity falls where the proportion of 'middle-aged' workers falls, either due to a rise in the proportion of older or younger workers, but this association does not carry through to financial performance. Overall, the findings suggest that any reluctance on the part of employers to employ greater numbers of older workers may be misplaced.

Keywords: older workers, productivity, workplace employment relations survey

JEL Classification: J21, J23, J24, J63, L25, M51

Suggested Citation

Bryson, Alex and Forth, John and Gray, Helen and Stokes, Lucy, Does Employing Older Workers Affect Workplace Performance?. IZA Discussion Paper No. 12598. Available at SSRN: https://ssrn.com/abstract=3457642

Alex Bryson (Contact Author)

UCL ( email )

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London, WC1H 0AL
United Kingdom

National Institute of Economic and Social Research (NIESR) ( email )

2 Dean Trench Street
Smith Square
London, SW1P 3HE
United Kingdom

HOME PAGE: http://www.niesr.ac.uk/staff/staffdetail.php?StaffID=307

John Forth

National Institute of Economic and Social Research (NIESR) ( email )

2 Dean Trench Street
Smith Square
London SW1P 3HE
United Kingdom

Helen Gray

Institute for Employment Studies (IES)

Sovereign House
Church Street
Brighton, BN1 1UJ
United Kingdom

Lucy Stokes

National Institute of Economic and Social Research (NIESR)

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