6533b856fe1ef96bd12b3231
RESEARCH PRODUCT
Employee Age and Company Performance: An Integrated Model of Aging and Human Resource Management Practices
Mikaela B. Von BonsdorffMo WangMonika E. Von BonsdorffTaina RantanenSinikka VanhalaLe Zhousubject
Strategy and Managementselectionwork ability03 medical and health sciences0302 clinical medicinetyöntekijät0502 economics and businessselection optimization and compensation (SOC)työkykyikääntyvät työntekijätcompany performanceMarketingta512ta515tuloksellisuusaging05 social sciences030210 environmental & occupational healthyrityksetikääntyminenWork (electrical)high-involvement work practicesNegative relationshipHuman resource managementBusinessWork abilityikäoptimizationand compensation (SOC)050203 business & managementFinancedescription
This study investigated the relationships among company average age, company work ability, and company performance by examining (a) the effects of employee average use of selection, optimization, and compensation (SOC) personal strategies and high-involvement work practices (HIWPs) on employee work ability; (b) the buffering effects of both employee average use of SOC and HIWPs on the negative relationship between company-level average age of employees and employee work ability; and (c) the link between company average age and company performance as mediated by company work ability. Analysis was conducted on data from 70 Finnish companies in the retail and metal industries and their 889 employees. Results showed that company average age was negatively related to company work ability, which in turn was positively related to company performance assessed by company managers. HIWPs were positively related to company work ability. Employee average use of SOC strategies buffered the negative effect of company average age on company work ability. Theoretical and practical implications of these findings are discussed.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2016-08-11 | Journal of Management |