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Early Retirement Incentives and Employee Performance in a Restructuring Organization
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Park, Ohsoo | - |
dc.contributor.author | Kim, Seongsu | - |
dc.date.accessioned | 2009-03-03T06:12:44Z | - |
dc.date.available | 2009-03-03T06:12:44Z | - |
dc.date.issued | 1996 | - |
dc.identifier.citation | Seoul Journal of Business, Vol.2 No.1, pp. 141-163 | - |
dc.identifier.issn | 1226-9816 | - |
dc.identifier.uri | https://hdl.handle.net/10371/1766 | - |
dc.description.abstract | As downsizing becomes more prevalent in organizations in the 1990s,
understanding employee behavior in response to workforce reduction programs becomes critical. This study examined the effects of financial incentives and performance on retirement behavior, occurring under a voluntary early retirement incentive program at the University of California First, using retirement decision models, we examined the effects of financial incentives on the probability of retirement. The major component of the incentive package was five year's service credit. Results of regression analyses suggest that increasing service credit by one year is associated with an increase in retirement probability of about three percent. Second, we studied the relationship between research performance and retirement probability. The evidence indicates no signXicant relationship be - tween career publication activity and retirement probability. However, a significant and negative relationship was found between recent publication ac - tivity and retirement. This suggests that professors who recently slowed down on their research were more likely to retire. The negative relationship between research performance and retirement probability was in part affected by the University's promotion system, which rewards those who continues to publish their research. | - |
dc.language.iso | en | - |
dc.publisher | College of Business Administration (경영대학) | - |
dc.subject | University of California | - |
dc.subject | decision model | - |
dc.subject | service credit | - |
dc.title | Early Retirement Incentives and Employee Performance in a Restructuring Organization | - |
dc.type | SNU Journal | - |
dc.contributor.AlternativeAuthor | 박오수 | - |
dc.contributor.AlternativeAuthor | 김성수 | - |
dc.citation.journaltitle | Seoul Journal of Business | - |
dc.citation.endpage | 163 | - |
dc.citation.number | 1 | - |
dc.citation.pages | 141-163 | - |
dc.citation.startpage | 141 | - |
dc.citation.volume | 2 | - |
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