Work after retirement: the evidence of sustainable employment from Lithuanian enterprise

While the population is ageing fast in Lithuania the possible ways of adaptation of older people in labour market should be analysed thoroughly. A small private company operating in the sector of electric installation was selected as a case. Analysis was aimed to reveal the main sector-specific ente...

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Bibliographic Details
Main Author: Julija Moskvina
Format: Article
Language:English
Published: UAB Sustainability for Regions 2022-06-01
Series:Insights into Regional Development
Online Access:https://jssidoi.org/ird/article/98
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Summary:While the population is ageing fast in Lithuania the possible ways of adaptation of older people in labour market should be analysed thoroughly. A small private company operating in the sector of electric installation was selected as a case. Analysis was aimed to reveal the main sector-specific enterprise-level factors for participation in labour market after the official retirement age. Paper presents both employee’s and employer’s perspectives on sustainable employment. The case study presents the experience of the 72 years old electrician and the employer’s undertakings to encourage older workers to continue their careers. The data from the micro-level are analysed within the socio-economic context of the country. The case study shows that a long career is probable when both the business and the employees benefit from it, and the employee’s health condition is satisfying. From the employer’s perspective, the benefits derived from the employment of the high-skilled, experienced, and reliable workers; and from the older employee’s perspective, such aspects as self-realisation and favourable conditions at the workplace have a great value.
ISSN:2669-0195